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Apache departs from PSC with Pancontinental in Kenya’s Block L8

[twitter-follow screen_name=’oilnewskenya’] Apache has opted out from the production sharing agreement (PSC) with Pancontinental Oil and Gas of Kenya’s offshore Block L8 saying it will not participate in any further discussions in the new PSC after the former agreement expired. Apache had owned 50 percent in the agreement, Origin owned 20% while Pancontinental and Tullow …

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KK Oil and Gas to train more Kenyans in sector

[twitter-follow screen_name=’oilnewskenya’] KK Oil and Gas will train oil workers in Kenya following a deal  with Canadian firm LearnCorp enabling employees to oil firms get the International Association of Drilling Contractors (IADC) Rig Pass that allows them to access oil drilling sites. The training that will happen at its 200 million training facility in Westlands, …

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Expert Want Oil Expectations in Kenya Managed

[twitter-follow screen_name=’oilnewskenya’] Story by Kenya News Agency A Senior scholar on oil matters has underscored the need to manage community expectations as exploration of oil continues. Geologist, Oil and Gas expert Dr Anthony Wyatt a lecturer at Robert Gordon University in Aberdeen, UK said although the commercial viability of the oil find in Turkana county …

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Kenya to exploit oil before Uganda

[twitter-follow screen_name=’oilnewskenya’] Kenya will start oil production before its neighbour Uganda according to Tullow Oil discovered having announced its first oil discovery six years after its western neighbour. Tullow Oil together with its partner Africa oil say that talks are on course with the Kenyan government for it to start field development and export pipeline …

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Oil and Gas sector to focus at Dubai: Somalia Investment Summit

[twitter-follow screen_name=’oilnewskenya’] The growing confidence in Somalia’s economic recovery process has seen institutions like the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank, lift sanctions against the country. PTA Bank is the key Sponsor for the Somalia Investment Summit joining other regional authorities like the Commonwealth Business Council and the …

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Tullow Oil loss of Kenya’s Block 10A adds to Kshs. 38.4 billion group profit dip

[twitter-follow screen_name=’oilnewskenya’] British explorer Tullow Oil which held the license to exploration Block 10 in Northern Kenya’s Marsabit county has booked a 6.8 billion shilling loss after losing the expired permit. Block 10 which was licensed to tullow and its partner African Oil which had 30 percent stake saw Tullow’s loss add to a total …

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Africa Oil Provides Operations Update

[twitter-follow screen_name=’oilnewskenya’] “Africa Oil” or the “Company”) is pleased to provide the following update on its activities in Kenya and Ethiopia. Africa Oil’s work program for 2014 will include at least 20 exploration and appraisal wells, extended well tests on the South Lokichar basin discoveries, and will include exploration wells targeting four new basins. Excellent …

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Oman Oil Company targets Tanzania as first oversees office

As part of its broad investment programme to increase presence in key growth markets, Oman Oil Company (OOC) has announced the opening of its first representative overseas office in Dar es Salaam, Tanzania. Operating under the name Oman Energy Limited (OEL), OOC will work alongside its majority-owned, Oman Trading International (OTI) – petroleum products, crude …

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PanContinental: Onshore Kenya L6 Farmed-Out For Seismic and Drilling

Pancontinental Oil & Gas and its wholly owned subsidiary Afrex Limited (together “Pancontinental”) has entered a farm-in agreement for the onshore portion of Kenyan exploration area Block L6 in the Lamu Basin. Block L6 is partly onshore and partly offshore. Under the terms agreed with farminee Milio E&P Limited (“Milio”) and Milio International the current joint venture parties …

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ERHC Energy Inc. Awards BGP Kenya 2D Seismic Survey Contract

ERHC Energy Inc. a publicly traded American company with oil and gas assets in Sub-Saharan Africa, has announced that its wholly owned subsidiary, ERHC Energy Kenya Limited, has awarded BGP Kenya Limited a contract to conduct a 2D seismic survey of Block 11A in northwestern Kenya. ERHC intends the seismic survey to commence in early …

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