NIGERIA: Africa Oil Announces Favorable Prime RBL Redetermination
Africa Oil Corp. has provided an update on Prime Oil & Gas B.V. Reserve Base Lending facility (RBL). Africa Oil has a 50% shareholding in Prime, a company with deepwater … Read More
Tag: Africa Oil
KENYA: Tullow Oil, JV Receives 1 Year License Extension on Blocks 10BB and 13T
Blocks 10BB and 13T joint venture partner Africa Oil Corp. has announced that an extension has been granted by the Government of Kenya on the south Lokichar blocks. Under the … Read More
KENYA: KJV Lifts Notices of Force Majeure on Blocks 10BB & 13T
Kenya Joint Venture (KJV) partner Africa Oil Corp. has announced that the joint venture partners on Blocks 10BB and 13T in Kenya, have today submitted a letter to the Kenyan … Read More
Africa Oil Announces Strong Q2 Results Fuelled by Nigerian Assets
Operational Production from Prime Oil & Gas B.V.’s (“Prime”) Nigerian assets remained strong in the first half of 2020 despite curtailments at Egina in May and June due to OPEC … Read More
EOPS: 30,000 Barrels of Crude Oil Stored in Mombasa
Already 30,000 barrels of crude oil have been stored at the Mombasa based refinery since the trucking of stored oil at the Ngamia fields in mid this years. Currently the … Read More
Africa Oil Relinquishes Kenya’s Block 9
Block 9 operator Africa Oil has submitted a notice to the Government of Kenya relinquishing its interest in the block leaving Delonex as the only partner after acquiring Marathon Oil’s equity. The two … Read More
Crude Oil Ferrying To Continue Next Week After Security Assurances by Government
Transportation of crude oil under the Early Oil Pilot Scheme can now resume next week after area leaders allowed Tullow Oil to ferry the resource following a meeting between Turkana … Read More
President Kenyatta Calls For Proper Management of Oil Income as Trucking Begins
President Uhuru Kenyatta today said Kenya will effectively manage oil and other natural resources to avoid the negative results that have confronted many other nations following new discoveries. Speaking during … Read More
Africa Oil To Acquire 3D Seismic in Kenya’s Block 9 Ahead of Any Additional Drilling
Block 9 operator Canadian explorer Africa Oil is unlikely to carry out any further drilling in the license until there is better understanding of the block according to a source … Read More
Lundin Foundation, Africa Oil Handover Catering Facility at Lodwar Vocational Training Center
The Lundin Foundation, Africa Oil on Friday handed over the catering and hospitality facility at Lodwar Vocational Training Center in a ceremony presided over by Turkana governor Josephat Nanok. The … Read More