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
Author: Samuel Kamau Mbote
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
UAE’s Hayaat buys shares in Swala Energy
[twitter-follow screen_name=’oilnewskenya’] Story by The National Hayaat Group, an Abu Dhabi-based investor, has bought a minority stake in an East African oil explorer for A$3.3 million (Dh10.8m). It acquired a … Read More
Sub-Saharan Africa outstrips China in 2012 oil demand growth
Oil demand in sub-Saharan Africa (SSA) grew by a massive five per cent year on year between 2011 and 2012, outstripping both China and India, new data from African energy … Read More
Chinese oil workers South Sudan to Juba
[twitter-follow screen_name=’oilnewskenya’] Story by Reuters China National Petroleum Company, a main oil investor in South Sudan, is evacuating oil workers to the capital, Juba, amid continued fighting in the world’s … Read More