Africa's Oil, Gas and Energy News.
The Kenya joint venture partners (KJV) comprising of Tullow Oil, Africa Oil, Maersk O&G and the Kenya government are now aligned on phased development that will limit upfront capital expenditures … Read More
A new full assessment of all the exploration and appraisal data, Tullow estimates that the South Lokichar basin contains the following recoverable resources 560mmbo 2C down from 766mmbo reported earlier … Read More
A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More
Bowleven has reported that the loss of its Kenyan acreage operated by Adamantine Energy resulted in unsuccessful exploration costs of $11.8 million being charged to the Income Statement in the … Read More
Duration: The Licences have been issued for a period of 25 years and can be renewed for an additional period of 5 years as provided for in the Production Sharing … Read More
Kenya’s Block 11B operator Adamantine Energy and joint venture partner Bowleven will not be receiving an extension on their license according to commissioner for petroleum Ministry of Energy and Petroleum … Read More
A PSC between Block 11B operator Adamantine Energy and the Republic of Kenya signed in June 2012 has expired with no word of any license extensions or renewal although a … Read More
Bowleven has announced that it has received a license extension to enable evaluation ahead of second phase decision. Following the license extension to May 2015 Bowleven says that the completion … Read More
[twitter-follow screen_name=’oilnewskenya’] Bowleven is to soon start the 2D seismic testing in Block 11B after announcing that the seismic tender process is in an advanced stage and the award was … Read More
