Simba Energy Increases Private Placement to $2.15 Million
Simba Energy has announced that it has increased the size of its previously announced private placement to raise gross proceeds up to $2,150,000 (43 million units at a price of … Read More
Author: kamau
Spectrum ASA completes the acquisition of 2D seismic data offshore Somalia
Spectrum ASA has successfully completed the acquisition of 2D seismic data offshore south Somalia that commenced 5 th September, 2015 when Spectrum ASA and the Federal Government of Somalia entered … Read More
CGG GeoSoftware Releases PowerLog 9.5 Petrophysical Software
CGG GeoSoftware has launched PowerLog 9.5, the new version of its flagship well log petrophysical analysis software designed for efficient multi-user environments and drives collaboration among petrophysicists, geophysicists, geologists and … Read More
Kenya’s National Assembly Adopts The Petroleum (Exploration, Development and Production) Bill
The Kenyan national assembly has adopted the much awaited Petroleum (Exploration, Development and Production) Bill (National Assembly Bill No. 44 of 2015) paving way for the country to move closer to … Read More
Detailed Studies of Kenya’s Oil Pipeline Route To start in a few weeks
The process to build a 891 kilometer 28 inch pipeline from Northern Kenya and Kenya’s Lamu port is set to begin with detailed studies expected to commence in the next … Read More
Tanzania Opens Escrow Accounts To Manage Gas Production, Future developments
The Tanzania Petroleum Development Corporation has said it has opened an ESCROW account at Stanbic Bank to deposit payments from various gas production projects as well as to facilitate transactions … Read More
Mount Kenya University, China University of Petroleum Partner on Research, Staff Development
Mount Kenya University will develop joint scientific and technological research projects with China University of Petroleum (East China) following a memorandum of understanding signed between the two institutions. The MoU … Read More
GDC trains 113 staff with the JICA $20.5M capacity building grant Baringo-Silali Project
The Japan International Cooperation Agency (JICA) has trained 113 young engineers, scientists and planners in the first phase of the $20.5M geothermal capacity building grant extended to GDC in 2013. … Read More
Baringo Land deal paves way for commencement of the KfW 80 Million Euro Baringo-Silali Project
GDC has signed a land agreement pact with affected communities in the Baringo area thus paving way for the commencement of Phase one of the Baringo-Silali project. A meeting this … Read More
Kenya’s Crude Oil Recoverable Resources Up to 750 million barrels in New Assessment
Tullow Oil has said its initial assessment estimate Kenya crude oil recoverable resources have jumped 25 percent to 750 million barrels following the recently concluded exploration and appraisal drilling. This … Read More