Swala Energy Exits Kenya’s Block 12B
There is uncertainty on whether Australian firm Swala Energy which held 50 percent equity in Kenya’s block 12B has relinquished its share with the Tullow Oil website indicating that the operator now … Read More
Category: Top News
Tullow Oil announces $900M farm down of Uganda assets to Total
A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More
5th edition of ‘Africa Business Forum’ set for Addis Ababa in March
The panel topics at the 5th Africa Business Forum represent the areas of Finance & Capital Investment, ICT, Agriculture & Mining, Power & Energy, Consumer Goods & General Trade, Logistics … Read More
Aminex Provides Ntorya-2 Operations Update
Aminex has provides the following update on the Company’s drilling activity in the Ruvuma Basin, Tanzania, where the Ntorya-2 appraisal well was spudded on 21 December 2016, with a planned … Read More
Uganda awarded Officials, Lawyers $1.65M After winning Heritage Oil Tax Dispute
A new expose by Ugandan Daily Chimp Reports newspaper has revealed that 39 government officials were awarded cash bonanzas equaling Ush6 billion (equivalent $1.65M) after winning the protracted Heritage/Tullow oil Capital … Read More
Kenya’s Onshore Upstream Sector Set to Pick Up in 2017
Upstream activity in Kenya is expected to re-surge after hitting a low in 2016 in the backdrop of low oil prices that shut down offshore activity and left the onshore … Read More
Aminex Announces Spudding of Ntorya-2 in Tanzania
Aminex has announced that it has commenced drilling the Ntorya 2 appraisal well in the Ruvuma Basin, Tanzania. The well is being drilled to an estimated total depth of 2860 … Read More
Geologists Publish New Details about Evolution of East African Rift Valley
Researchers in the College of Arts and Sciences at Syracuse University have published new details about the evolution of the East African Rift (EAR) Valley, one of the world’s largest … Read More
Africa Oil Announces Commencement of Drilling on Erut-1 well in Kenya
Tullow Oil joint venture partner Africa Oil has announced the resumption of drilling on Block 13T in Kenya as earlier expected and reported by OilNews Kenya. The Erut-1 well, which spudded … Read More
Ntorya-2 drilling operations commence, spudding expected soon
Aminex plc, operator of the Ruvuma PSA in Tanzania, has advised that the Caroil-2 rig has been formally accepted on contract following inspection by an independent surveyor and that Ntorya-2 … Read More