Drilling of Badada-1 well in Kenya’s Block 2B begins
Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total … Read More
Mozambique could join Australia, Qatar in league of world’s largest Gas producers
Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More
Swala Energy Completes 2014 Seismic Programme over Tanzania’s Kilombero Basin
Swala Energy Limited has announced that has successfully completed its 430km 2D seismic programme over the Kilombero Basin in central Tanzania. As the Company earlier announced in October 2014, initially … Read More
Inchcape Shipping Services expands Nairobi office as East Africa production nears
Global marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has announced another key hire to its African regional management team, as the company gears up for ambitious … Read More
What to look out for in Kenya’s oil and gas sector in January 2015
2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. … Read More
Afren recovers over $17 million from former CEO, COO
Afren plc has announced that it has successfully secured, from its former CEO, Osman Shahenshah, and former COO, Shahid Ullah, a cash payment of US$17.1mn in relation to payments made … Read More
Uganda begins evaluations of bids for Hoima-Kampala pipeline
The Ugandan government has announced that it has started evaluating bids from a number of international firms for the construction of the export pipeline from Hoima (refinery site) to Kampala … Read More
Seadrill to purchase ultra-deepwater drillship West Polaris
[twitter-follow screen_name=’oilnewskenya’] Seadrill Limited has announced it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited. The West Polaris was acquired … Read More
Otto Marine announces sale and leaseback of one AHTS at US$100million
[twitter-follow screen_name=’oilnewskenya’] Otto Marine Limited a leading offshore chartering group, which owns and operates more than 60 offshore support vessels globally, and also engaged in specialized shipbuilding, repair and conversion … Read More
Swala Energy Receives Funding for Exploration in its East African Acreage
[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced that Swala has received US $750,000 under the terms of the Convertible Note Facility pursuant to the Company’s ASX Announcement in mid December. … Read More
