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
Richmond Energy Partners publishes 2016 State of Exploration Report
Richmond Energy Partners (REP) has published its seventh annual ‘State of Exploration’ report, which benchmarks the performance of international conventional oil and gas exploration. In a world awash with the … Read More
Simba Energy Increases Private Placement to $2.15 Million
Simba Energy has announced that it has increased the size of its previously announced private placement to raise gross proceeds up to $2,150,000 (43 million units at a price of … Read More
Spectrum ASA completes the acquisition of 2D seismic data offshore Somalia
Spectrum ASA has successfully completed the acquisition of 2D seismic data offshore south Somalia that commenced 5 th September, 2015 when Spectrum ASA and the Federal Government of Somalia entered … Read More
CGG GeoSoftware Releases PowerLog 9.5 Petrophysical Software
CGG GeoSoftware has launched PowerLog 9.5, the new version of its flagship well log petrophysical analysis software designed for efficient multi-user environments and drives collaboration among petrophysicists, geophysicists, geologists and … Read More
