Oil and Gas sector to focus at Dubai: Somalia Investment Summit

[twitter-follow screen_name=’oilnewskenya’] The growing confidence in Somalia’s economic recovery process has seen institutions like the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank, lift sanctions … Read More

Tullow Oil loss of Kenya’s Block 10A adds to Kshs. 38.4 billion group profit dip

[twitter-follow screen_name=’oilnewskenya’] British explorer Tullow Oil which held the license to exploration Block 10 in Northern Kenya’s Marsabit county has booked a 6.8 billion shilling loss after losing the expired … Read More

Africa Oil Provides Operations Update

[twitter-follow screen_name=’oilnewskenya’] “Africa Oil” or the “Company”) is pleased to provide the following update on its activities in Kenya and Ethiopia. Africa Oil’s work program for 2014 will include at … Read More

Oman Oil Company targets Tanzania as first oversees office

As part of its broad investment programme to increase presence in key growth markets, Oman Oil Company (OOC) has announced the opening of its first representative overseas office in Dar … Read More

PanContinental: Onshore Kenya L6 Farmed-Out For Seismic and Drilling

Pancontinental Oil & Gas and its wholly owned subsidiary Afrex Limited (together “Pancontinental”) has entered a farm-in agreement for the onshore portion of Kenyan exploration area Block L6 in the Lamu Basin. … Read More

PWC – Existing energy companies must become agile to withstand new competition

With growing interest and investment from India, China and international oil companies operating in Africa, there has been increased competition for exploration acreage in recent years. As some of the … Read More

Vanoil Provides Update on License Renewals in Kenya

“Vanoil Energy  a Vancouver-based Canadian international oil and gas development company has confirmed ongoing discussions with the Kenyan Government with regard to its license renewals in Kenya.These talks are now … Read More