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Africa Oil reduces well drilling time in Kenya as costs increase

[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based muds are a move from Smectile clays which the company in a corporate presentation released earlier this month shows cause hole problems with water based …

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Shell makes motor oil from natural gas

Shell announced the creation of the first-of-its kind base oil made from natural gas, the cleanest burning fossil fuel. It is called Shell PurePlus Technology, a patented process of converting natural gas into a clear base oil, which is the main component of motor oils. Shell PurePlus Technology is now being used to create motor oils …

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Marathon Oil to drill 2-3 wells in Kenya’s Block 9

[twitter-follow screen_name=’oilnewskenya’] Marathon Oil plans to continue exploration works in Kenya’ in Sala-1 following 2013 drilling in Bahasi 1 exploration that reached 9,500 feet that was plugged and abandoned despite minor gas shows. Sala-1 is particularly attractive to the company following previous wells drilled in the sub-basin confirmed a working petroleum system. According to a …

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Camac Energy to start exploration in Kenya’s onshore block L1B, L16

CAMAC Energy has announced that it will start its exploration onshore on block L1B or L16 in 2015 even as exploration continues in Blocks L27/ L28 in the Lamu Basin an area estimated to contain up to 3.7 billion barrels of oil. Already an Environmental and Social Impact Assessment Study has been completed in February …

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Kenyan government plans to increase petroleum products storage capacity

Kenya hopes to increase its storage capacity of petroleum products by 22 percent in the next 3 years in anticipation of increasing demand and increased product from a new pipeline from Mombasa expected to be complete by 2016. The four tanks to be constructed by the Kenya Petroleum company (KPC) will have a capacity of …

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Tanzania’s LNG export terminal could be expanded

Courtesy of Reuters Tanzania’s first planned liquefied natural gas (LNG) export terminal could be expanded after the project partners discovered more gas than expected, shareholder Ophir Energy said. East Africa, tipped to become one of the next big gas-producing regions after huge discoveries in recent years, is in a race with the likes of Russia, …

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Comoros ratifies Discover exploration production sharing agreement

Discover, the privately owned, geology-led, oil and gas exploration company specialized in deep water petroleum systems, has announce the ratification of its Production Sharing Contract covering offshore blocks 35, 36 & 37 by the National Assembly of the Comoros . Parliamentary approval follows on from the signing of the PSC by the Government of the …

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3rd East Africa Oil & Gas Summit & Exhibition set for Nairobi in October

The 3rd East Africa Oil and Gas Summit and Exhibition EAOGS is taking place on the 15-17 October in Nairobi at the Kenyatta International Convention Centre in Nairobi. EAOGS was launched in 2012 as an official initiative of the Ministry of Energy & Petroleum and more than 300 companies from 42 countries have participated in …

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Ophir Energy Plc announces its preliminary Full Year Results for 2013

Full Year Results Highlights: •Announced the divestment of a 20% interest in Blocks 1, 3 and 4 Tanzania to Pavilion Energy for US$1.288 billion. This transaction is now unconditional with all conditions precedent satisfied and is due to complete imminently •Added 254mmboe of net contingent resources with a 3 year average finding cost of US$0.90/boe•Net …

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Kenya’s senate wants proposed refinery site changed

Kenyan senators have voiced their opposition on the proposed oil refinery site in Isiolo saying it should be located at any county bordering the sea. The former government had come up with the site to keep it closer to the oil wells in Turkana and in consideration of oil expected to come from South Sudan …

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