Tower Resources completes farm-in to Block 2B, Kenya
Oil and gas exploration company, Tower Resources plc has announced the completion of its farm-in to Block 2B, onshore Kenya. The company agreed to acquire a 15% interest in Block … Read More
Category: Top News
Somalia offshore seismic results expected in H2
The marine acquisition for 2D and 3D seismic data in Somalia by Seabird Exploration under contract from Soma Oil and Gas is expected in the coming weeks with the study … Read More
DRC invites bids for Lake Kivu gas project
The Democratic Republic of Congo’s oil ministry has invited bids for companies with interest in exploiting methane gas in the bottom of Lake Kivu along the eastern border with Rwanda. … Read More
South Sudan Borrows $200 Million to operate oil fields
[twitter-follow screen_name=’oilnewskenya’] The Government of South Sudan is reported to have acquired $200 million from oil companies inside its territory as the ongoing civil war continues to cause a crunch … Read More
Orca Exploration announces Q1 2014 results
[twitter-follow screen_name=’oilnewskenya’] Orca Exploration is an international public company engaged in hydrocarbon exploration, development and supply of natural gas in Tanzania • Orca operated its Tanzania Songo Songo gas field … Read More
Simba Energy expands FTG survey over Block 2A, farmout discussions start
[twitter-follow screen_name=’oilnewskenya’] Simba Energy Inc has announced that it will complete an airborne FTG survey (Full Tensor Gradiometry) that commenced with daily flights about 10 days ago in the next … Read More
WHL Energy Receives Funding to support East Africa, Australia activities
[twitter-follow screen_name=’oilnewskenya’] Australian energy company WHL Energy Limited focussed on East Africa and Australia has announced it has completed a financing agreement to raise A$3.2 million. The capital raised via … Read More
Somaliland creates an Oilfield Protection Unit
[twitter-follow screen_name=’oilnewskenya’] The Government of the Republic of Somaliland has decided to establish a trained and equipped Oilfield Protection Unit that can provide the level of security required by the … Read More
Oil Exploration contributes Kshs 8.2b for Kenyan Economy, Creates 3000 jobs – Tullow Oil
[twitter-follow screen_name=’oilnewskenya’] Businesses across Kenya last year made Kshs 8.2 billion in revenues from supplying services to Tullow Kenya and contractors carrying out oil exploration in the country, a report … Read More
Key features of the current Kenyan model of production sharing contract
[twitter-follow screen_name=’oilnewskenya’] Source: Deloitteblog Negotiation of an initial exploration period with the possibility to extend this twice. An agreed percentage of the contract area is to be surrendered at the … Read More
