Tullow Oil

Discover Exploration Limited Farms Out Blocks 35, 36 & 37 to Tullow Oil Offshore Comoros

Discover Exploration Limited has announced that its wholly-owned subsidiary Discover Exploration Comoros B.V. has signed a binding agreement to farm out a 35% working interest in its Production Sharing Contract (PSC) covering blocks 35, 36 & 37 offshore the Union of the Comoros to Tullow Comoros Limited, a wholly-owned subsidiary of Tullow Oil plc. As part of …

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Delonex Energy Completes 2D seismic acquisition in Block 12A

Block 12A operator Delonex Energy has completed the acquisition of 2D seismic in the block which was undertaken with the aim of obtaining additional structural subsurface information from seismic data as part of the exploration for viable hydro-carbons in the block According to a source the survey carried out by Chinese geophysical service company BGP …

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UNOC, CNOOC Sign Oil Exploration Deal

The Uganda National Oil Company has signed a memorandum of understanding with Chinese explorer CNOOC that will allow them to together conduct oil exploration and development in the Albertine Graben. According to the statement issued by UNOC the MoU which was signed during the margins of the China-Africa forum on cooperation in Beijing the exploration …

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Crude Oil Ferrying To Continue Next Week After Security Assurances by Government

Transportation of crude oil under the Early Oil Pilot Scheme can now resume next week after area leaders allowed Tullow Oil to ferry the resource following a meeting between Turkana elected leaders led by Governor Josphat Nanok and a high powered government delegation led by Petroleum and Mining cabinet secretary John Munyes and Rift Valley …

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President Kenyatta Calls For Proper Management of Oil Income as Trucking Begins

President Uhuru Kenyatta today said Kenya will effectively manage oil and other natural resources to avoid the negative results that have confronted many other nations following new discoveries. Speaking during the flag off of 100,000 liters of stored crude oil in four trucks as part of the early oil pilot scheme he said there was …

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FEED Contract for South Lokichar To Be Awarded by May

Tullow Oil has announced that the upstream baseline data collection for the environmental and social impact assessment (ESIA) has commenced and the front end engineering design (FEED) contract is expected to be awarded this month as the pre development phase for the South Lokichar fields proceeds. The pipeline ESIA work is also under way, and …

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KJV Plans 2 Phased Development in Kenya’s South Lokichar Fields

The Kenya joint venture partners (KJV) comprising of Tullow Oil, Africa Oil, Maersk O&G and the Kenya government are now aligned on phased development that will limit upfront capital expenditures while allowing a Kenyan export pipeline to move forward. According to a report by Africa Oil the South Lokichar Developement phases include Phase 1 – …

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New Assessment of Resources in South Lokichar Shows 25% lower Than Reported

A new full assessment of all the exploration and appraisal data, Tullow estimates that the South Lokichar basin contains the following recoverable resources 560mmbo 2C down from 766mmbo reported earlier by DeGolyer and MacNaughton Canada Limited (DMCL).The best 3C recoverable resources have also been downplayed to 1,230 mmbo from 1630mmbo from an overall discovered STOIIP …

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