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Africa's Oil, Gas and Energy News.

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Flash News

NEW REPORT HIGHLIGHTS MAJOR REFORMS AND UNTAPPED POTENTIAL IN KENYA’S MINING SECTOR

Tullow Oil Upgrades Free Cash Flow Guidance Following Strong First-Half Operations

GHANA: Tullow Strengthens Operations with Completed Drilling Campaign and Full Recovery of Gas Receivables

NAMIBIA: ReconAfrica Resumes Operations at Kavango West 1X Well Ahead of Key Horizontal Flow Test

MOZAMBIQUE: SLB OneSubsea awarded major subsea systems contract for Rovuma Basin development

TANZANIA: Aminex Approves $75M Work Programme as Ntorya Targets First Gas in December 2026

NIGERIA: TotalEnergies launches the Ima Gas Development to Supply Nigeria LNG liquefaction plant

LIBERIA: Bounty Oil & Gas Expands into Deepwater Liberia via PetroQuest Acquisition

MOROCCO: Predator Oil & Gas Announces Commencement of MOU-6 Drilling Operations

SOUTH AFRICA: Eco (Atlantic) Oil & Gas completes farm down in Block 1 CBK to Navitas

Wednesday, September 30, 2026

Tag: exploration expenditure

Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop
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Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop

Samuel Kamau Mbote January 15, 2015

[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

Amosing wellEast AfricaEngomo-1Epir-1Exploration and Productionexploration expenditureKerio Valley BasinLekep-1Ngamia-5Ngamia-6Oil price fropSouth Lokichar basinTullow OilTurkana Basin Comment on Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop
Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop
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Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop

Samuel Kamau Mbote November 12, 2014

Following the drop in global crude oil prices Tullow Oil says I will be reducing on exploration cost as well as focus on high margin oil and its major basin-opening … Read More

AfricaAidan HeaveyAtlanticBlock 10ABlock 10BAblock 12ABlock 13TBlock L8block10BBCrude oil priceEast Africaexplorationexploration expenditureKenyaoffshoreOnshoreTullow OilUgandaWest Africa 2 Comments on Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop

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