South Lokichar’s Final Investment Decision to be out by August – Tullow Oil

The final investment decision for the early oil pilot scheme in Kenya’s oil rich South Lokichar basin is expected to be out either between the months of June and July … Read More

Tullow Oil, JV Partners To Drill More Basin Openers, Appraisal Wells in Kenya in Late 2016

Africa Oil has reiterated that the South Lokichar basin could see 2-4 Potential basin-openers in late 2016 and beyond as well as 4-8 Appraisal and exploration drilling targets raising hopes … Read More

CNPC and ENH sign cooperation framework agreement in Mozambique

CNPC and Mozambique’s national oil and gas company ENH have signed a cooperation framework agreement under which the two sides will reinforce cooperation in oil and gas exploration and production, and natural … Read More

CGG Geosoftware Releases Earthmodel Ft 9.5

CGG GeoSoftware has launched EarthModel FT 9.5, the latest version of its comprehensive geological modeling software that combines well and seismic data for a better understanding of the reservoir. Users … Read More

Otto Energy in Legal Suit with Swala Energy over Tanzania’s Pangani Licence

Swala Energy Limited has said it has been served notice by lawyers acting on behalf of Otto Energy Limited that Otto has commenced a legal action against the Company, Swala … Read More

Kenya to auction 17 new Oil Exploration Blocks in 2017

The Ministry of Energy and Petroleum has in a gazette notice said it has created an additional 17 new exploration blocks to the existing 46 blocks that had earlier been … Read More

Summary on Kenya’s Petroleum Bill 2015, The Associated Model Production Sharing Contract(PSC)Bill 2015

By Berryl Claire Asiago Part 1: Kenya’s recent discovery of oil and gas should accelerate and contribute enormously to the achievement of national objectives, provided that proper policies, laws and … Read More

Majority of Petroleum Rights Holding Companies in Kenya Incorporated in Tax Havens

A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More

An Analysis of the Petroleum Bill 2015, Model PSC

Source: Oxfam The Petroleum (Exploration, Development and Production) Bill, 2015 and associated model production sharing contract (PSC) are currently in the final stages of Parliamentary review. The development of a … Read More

Breakdown of 2C Oil Resources Increase in South Lokichar Basin

Africa Oil has announced that an independent assessment of the Company’s Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by … Read More