Octant Energy To Purchase Afren Assets in Tanzania and Kenya

Canada-based oil and gas company Octant Energy Corp. has announced that it has entered into three agreements with subsidiary companies of cash strapped Afren PLC to acquire assets in the … Read More

Afren Receives 15 Month Extension in Kenya’s Block 1

The government of Kenya through the Ministry of Energy has granted Afren through its subsidiary East African Exploration (EAX) a 15 month extension to the current Second Additional Exploration Period … Read More

Shell set to make a major comeback in East Africa with acquisition of BG Group

The announced offer of  acquisition of the BG Group by Royal Dutch Shell in a deal expected to be in excess of $70 billion could several blocks offshore East Africa … Read More

Taipan Resources sues Afren for $10 million in damages in Kenya’s Block 1

Taipan Resources has announced that the Company’s Kenya based subsidiary Lion Petroleum Corp has commenced an arbitration action against East African Exploration (Kenya) Limited (EAX), a wholly owned subsidiary of … Read More

Taipan Resources Adjusts Estimated Prospective Resources on Kenya’s Block 1

Taipan Resources has announced that an independent assessment of the Company’s prospective resources on Block 1, northern Kenya has been completed by RPS Energy in the United Kingdom raising the total gross … Read More

Tanzania Mzia well test supports potential hub development – BG Group

[twitter-follow screen_name=’oilnewskenya’] BG Group plc  has announced that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support … Read More