Somalia commissions onshore oil surveys
Story by Bloomberg Somalia is conducting offshore surveys in hopes of attracting explorers including Royal Dutch Shell Plc two decades after the outbreak of a bloody civil war drove foreign … Read More
Uganda needs $8-12 billion for oil production – Tullow Oil
[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More
Anadarko sells two-thirds of Mozambique LNG capacity
[twitter-follow screen_name=’oilnewskenya’] Reuters Anadarko Petroleum has sold two-thirds of the capacity of its planned Mozambique liquefied natural gas (LNG) project to Asian customers and hopes to have the rest sold soon, … Read More
OPINION: Tullow discloses payments but Kenya Energy bill falls short of making mandatory disclosures
By: Kenya Civil Society Platform on Oil and Gas In a move internationally hailed as pioneering Tullow Oil has released its annual report including reporting at a project level. Tullow … Read More
Tullow Oil pioneers in publishing extractive industry transparency report
[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More
Ophir Energy gives Pavilion Energy 20% interest in Tanzanian Blocks
[twitter-follow screen_name=’oilnewskenya’] Ophir Energy has announced that the transaction reported on 14 November 2013 to sell a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy has … Read More
Africa Oil reduces well drilling time in Kenya as costs increase
[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based … Read More
Shell makes motor oil from natural gas
Shell announced the creation of the first-of-its kind base oil made from natural gas, the cleanest burning fossil fuel. It is called Shell PurePlus Technology, a patented process of converting natural … Read More
Marathon Oil to drill 2-3 wells in Kenya’s Block 9
[twitter-follow screen_name=’oilnewskenya’] Marathon Oil plans to continue exploration works in Kenya’ in Sala-1 following 2013 drilling in Bahasi 1 exploration that reached 9,500 feet that was plugged and abandoned despite … Read More
Special training in offing for oil, gas stakeholders in Tanzania
Story by Tanzania Daily News Oil and gas stakeholders in the country will soon benefit from a special course organised by the MDT International Company, in collaboration with Calderbag International … Read More