Kenya’s Oil and Energy Services, CEO Feted at Africa Oil Week
The global oversupply of crude oil led to a sharp decline in the oil prices leading to slowed activity in the industry globally. The optimism that prices will recover and … Read More
Tag: Kenya
UK pledges $30 million to support growth and development of East Africa’s oil and gas sector
British High Commissioner, Nic Hailey has said the UK will have commit $30m towards the development of local content, technical advice towards developing legislation and regulation, research, and engagement with … Read More
Tullow Oil needs to unlock value in Kenya with a farm-out – broker
Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet. Tullow Oil … Read More
Execution of JDA between Kenya, JV partners to Commence by Year-End
Tullow Oil has reported that it expects the Joint Development Agreement (JDA) setting out a structure for the Government of Kenya and the Kenya Joint Venture Partners (Maersk Oil, Africa … Read More
Scatec Solar, Norfund sign Power Purchase Agreement for Mozambique’s first large scale Solar Plant
Scatec Solar and Norfund have signed the Power Purchase Agreement securing the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM). … Read More
Kenya, Sudan sign MoU on Oil and Mining Cooperation
Kenya and Sudan have signed agreements to deepen the two country’s collaboration in oil and mining sector with the East African country hoping to gain from Sudan’s experience in petroleum, … Read More
KCA Deutag Offers to Purchase Dalma Energy LLC
Aberdeen headquartered international drilling and engineering contractor, KCA Deutag has said it has offered to purchase Dalma Energy (Omani / Saudi oil and gas drilling company) for an as yet … Read More
Why Zarara’s Pate-2 result could Overshadow Tullow’s Early Oil Pilot Scheme
The drilling of Pate-2 well in Lamu County’s Pate Island is set to commence in Q1 2017 same time as the eagerly awaited early oil pilot scheme is set to … Read More
Skills shortages in East Africa opens up opportunities for Scotland trainers
With over 100,000 locals needing to be trained over the next 10 years to support East Africa’s oil and gas, mining and construction ambition, a delegation of 10 Scottish oil … Read More
