Author: kamau
Engineer Johnson Ole Nchoe named new GDC MD
Following a recommendation by the Geothermal Development Company (GDC) Board of Directors, and approval by the Cabinet Secretary, Ministry of Energy and Petroleum, the Board has appointed Eng. Johnson P. … Read More
Local Sector Extractive Sector Update Set for 20th April 2016
The second in depth analysis of the local extractive sector organized by Oil & Energy Services limited will be held on April 20th targeting business leaders interested investing in the … Read More
Kenya’s Annual Receipts Could Reach $3 Billion Annually Once Oil Price Rebounds
A discussion paper dubbed “Potential Government Revenues from Turkana Oil” released in April 2016 estimate that annual receipts to the Government of Kenya could range from $800 million to as … Read More
Third Edition of Definitive oil traders’ dictionary published
A sell-out dictionary of oil traders’ jargon, covering more than 2000 terms, definitions and abbreviations, has been fully revised and expanded. The third edition of Oil Traders’ Words, compiled by … Read More
KenGen secures Ksh6.9b from France for Meru Wind Park
Kenya’s renewable energy development has received a major boost after the Kenya Electricity Generating Company (KenGen) signed a Memorandum of Understanding (MoU) with the French Development Agency (AFD) underpinning funding … Read More
Solo Oil Raises $1.1M to Fund Kiliwani North Development Licence Interest Increase
Solo Oil has announced that it has raised £800,000 (approx. $1.13M) gross proceeds in a Company sponsored placement to be deployed in the Company’s active investments in Tanzania. The proceeds according to Solo … Read More
Gas Production Commences at Tanzania’s Kiliwani North Gas Field
Operator at the the Kiliwani North Development Licence Aminex has announced gas production from its Kiliwani North gas field’s Kiliwani North-1 well (‘KN-1’) in Tanzania has commenced on schedule as had … Read More
History Of Oil Exploration In Kenya (1950 To 2010)
1950’S – Oil exploration commenced 1960 to 1984 – 16 wells drilled mainly in the Lamu and Anza basins 1981- National Oil was incorporated in 1981 1984 GOK enacted new … Read More
Dodsal Resources to invest $300 million in Tanzania’s Ruvu Basin
Dubai based Dodsal Resources has said it will to invest another US$300 million in Tanzania over the next 24 months to support its exploration and production activities, including implementation of … Read More