Tullow, Africa Oil to drill up to 6 basin openers in Northern Kenya in 2015
Tullow Oil and Africa Oil say they plan to drill 6 basin openers in North Western Kenya’s North Lokichar basin, Kerio basin as well as in North Turkana according … Read More
Panalpina opens new office in Nairobi to serve East African region
[twitter-follow screen_name=’oilnewskenya’] International freight forwarding and logistics company, Panalpina, has opened a new office in Nairobi Kenya. The company says the new office will support Panalpina’s growth strategy for the … Read More
Security in Africa: Structural challenges are reaching crisis point
[twitter-follow screen_name=’oilnewskenya’] The latest report from Think Security assesses changes in Africa’s security situation between 2013 and 2014 in three main categories: (1) Challenges impacting the national chain of command, … Read More
Tullow Oil to drill first exploration well in Kenya’s Block 12A
[twitter-follow screen_name=’oilnewskenya’] Tullow Kenya is to drill its first exploration oil well in Elgeyo Marakwet later this year, as the company continues to expand its oil and gas search into … Read More
Thousands of oil industry jobs at stake as companies reduce costs
[twitter-follow screen_name=’oilnewskenya’] Keeping a job in the upstream sector of the global oil and gas industry is seemingly becoming harder by the day as companies streamline operations to reduce costs … Read More
Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil has said it will be shrinking its 2015 exploration expenditure capital to just $200 million from $1 billion in 2014 as it takes steps to strengthen … Read More
Drilling of Kifaru-1 well in Mozambique begins
[twitter-follow screen_name=’oilnewskenya’] Wentworth Resources has announced the beginning of drilling operations on the Kifaru-1 exploration well by the Helmerich & Payne rig #243 in the Rovuma Onshore Concession in northern … Read More
ION Geophysical to acquire 2D seismic in offshore Puntland
[twitter-follow screen_name=’oilnewskenya’] ION Geophysical has announced that it has signed the first of a kind offshore multi-client 2D seismic survey agreement with the Puntland Petroleum and Minerals Agency. According to … Read More
Maximum Retail Pump Prices in Kenya 15th January to 14th February 2015
Source: Energy Regulatory Commission HIGHLIGHTS Average landing cost of imported Super Petrol decreased by 17.34 from $841.22 (Nov 2014) to $695.38 per ton in December 2014 Average landing cost of … Read More
Most developing countries will benefit from oil price slump – World Bank
Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in … Read More