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KJV Plans 2 Phased Development in Kenya’s South Lokichar Fields

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

New Assessment of Resources in South Lokichar Shows 25% lower Than Reported

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

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 to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

Kenya’s Block 11B Loss Cost Bowleven $11.8 million in 2016

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

Highlights of Tullow Oil, Total E&P Production Licences in Uganda

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

Adamantine Energy, Bowleven Lose Kenya’s Block 11B

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

Adamantine Energy Kenya’s Block 11B License Expires

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 to start seismic testing in Kenya’s Block 11B

[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

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