Kenya’s new energy bill delayed by 6 months
Kenya will have to wait a little bit longer before it can have a new energy bill that will regulate the petroleum sector with the Bill not expected in parliament … Read More
Month: January 2014
Simba Energy strikes new farm-out for Kenya block 2A
Canadian oil explorer Simba Energy has a signed letter of intent for a new farm-out of Block 2A, onshore Kenya. The deal with a private Calgary-based company will see Simba selling up … Read More
Pancontinental Oil and Gas, BG Group starts offshore drilling in Kenya
Pancontinental Oil & Gas and BG Group have spudded exploration well Sunbird-1 in licence area L10A offshore Kenya. The Kenya L10A consortium consists of BG Group, operator, with 50% working … Read More
Sudan, South mull joint oil protection force
Story by AFP Sudan and South Sudan agreed Monday during a visit to Juba by President Omar al-Bashir to consider setting up a joint force to protect vital oilfields, his … Read More
Factfile: Songo Songo Gas Development and Power-Generation Project, Tanzania
The Songo Songo gas field is located on and offshore Songo Songo island, about 15km from the Tanzanian mainland and 200km south of the commercial capital, Dar es Salaam. The … Read More
New oil, gas finds: Is East Africa ready for sovereign wealth funds?
Story by The EastAfrican:- Sovereign wealth funds are fast becoming the “must-have” for any natural resource-exporting country, and for any country hoping to commercialise reserves of oil, gas or minerals … Read More
Tough luck for Ophir oil exploration in Tanzania
Ophir Energy plc has announced that drilling operations have now concluded on the Mlinzi Mbali-1 well in Block 7*, Tanzania. Ophir has an 80% net interest. The well was located … Read More
East African oil wells among explorations to watch out for in 2014
The fact that a 40% drilling success rate marks out 2013 as one of BP’s best years for exploration in decades reflects the kind of glass-half-full attitude hardy oil investors must … Read More