Posted in Oil products Top News

Kenya’s Block 11B Loss Cost Bowleven $11.8 million in 2016

Bowleven has reported that the loss of its Kenyan acreage operated by Adamantine Energy resulted in unsuccessful exploration costs of…

Posted in Oil Politics Top News

Tata Petrodyne Farm-in behind Swala, Otto Energy dispute in Tanzania

A simmering dispute between two Australian companies Swala and Otto Energy in Tanzania could have emanated from a failed joint…

Posted in Top News

The African Legal Support Facility receives 5 million euro from KfW

The African Legal Support Facility (ALSF) and the KfW Development Bank have signed a Memorandum of Understanding (MoU), which provides…

Posted in Top News

Erin Energy Intensifies efforts to find farm-in partner for Kenya offshore Blocks L-27, L-28

American explorer has said it has intensified efforts to identify and farm in partners in order to share exploration costs…

Posted in Events Top News

Kenya’s Oil and Energy Services, CEO Feted at Africa Oil Week

The global oversupply of crude oil led to a sharp decline in the oil prices leading to slowed activity in…

Posted in Events Top News

Uganda’s President to Open Uganda International Oil & Gas Summit next week

The 2nd Uganda International Oil & Gas Summit is being hosted by the Ministry of Energy & Mineral Development His…

Posted in Top News

Eni approves investment plan of Coral South project, offshore Mozambique

The approval of this investment by Eni’s Board of Directors is another fundamental step towards the Final Investment Decision on…

Posted in Top News

UK pledges $30 million to support growth and development of East Africa’s oil and gas sector

British High Commissioner, Nic Hailey has said the UK will have commit $30m towards the development of local content, technical…

Posted in Top News

ERHC Reports Oil & Gas Shows At Kenya’s Tarach-1 Well

American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in…

Posted in News by others

Tullow Oil needs to unlock value in Kenya with a farm-out – broker

Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar…