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Total SA Suspends Investment Plans in the East Africa Crude Oil Pipeline

Total SA has suspended plans to build the 1445 kilometer East Africa Crude Oil pipeline from Hoima (Uganda) to Tanga…

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Tullow Oil to spend $170M in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018

Tullow Oil estimates to spend approximately $170 Million in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018 a majority of…

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CNOOC to acquire 50% of Tullow’s farm down rights to Total in Uganda

Following Tullow Oil plc announced farm-down of 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A…

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Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed…

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Tullow Oil announces Farm-Down to Delonex Energy in Kenya’s Block 12A

Kenya’s Block 12A operator Tullow Oil has announced it has agreed to farm-down 25% of its 65% operated working interest…

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Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed…

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ERHC prepares for 1st drilling in Kenya’s Block 11A

Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in…

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Experts call for clear tax policies on farm down transactions in Kenya

[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions…

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Swala Energy appoints financial advisor as it considers farm-down in East Africa

  Swala Energy has announced that it has appointed London based First Energy Capital LLP as financial adviser to the…