ABA 2015 Africa Forum Opens in Nairobi
The 2015 Africa Forum has opened in Nairobi with focus on legal policy and frameworks surrounding the energy and extractive industries in Africa with a focus on East Africa. According … Read More
Tag: Kenya
Swala Energy receives Funding from Hayaat International for exploration in East Africa
Swala Energy has received interim funding from Hayaat International Limited a cornerstone investor who holds an equity interest of 9.2% of the Company. The loan is to be made available … Read More
Pancontinental Oil & Gas, PTTEP Withdraw from Kenya’s Block L10A
Pancontinental Oil & Gas and its L10A joint venture partner PTTEP of Thailand have issued Operator BG Kenya L10A Limited notices of withdrawal from Block L10A in the Lamu Basin … Read More
Swala Energy Completes farm-out of Tanzanian Licenses to Tata Petrodyne
Swala Energy Limited has announced that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited a subsidiary of the multinational Tata Sons Limited, under which TPL … Read More
Africa Oil Closes US$100 Million Financing To East Africa Program
Africa Oil has announced that it has closed the US$100,000,000 non-brokered private placement previously announced pursuant to an Investment Agreement dated May 1, 2015 have been released to Stampede Natural … Read More
Afren Receives 15 Month Extension in Kenya’s Block 1
The government of Kenya through the Ministry of Energy has granted Afren through its subsidiary East African Exploration (EAX) a 15 month extension to the current Second Additional Exploration Period … Read More
Premier Oil withdraws from Kenya’s Block 2B
Kenya’s block 2B operator Taipan Resources has announced that its majority partner Premier Oil with 55% interest has exercised their right to withdraw from the license effective April 30th 2015. Following … Read More
Swala Energy signals possible Farm-Out deal in East Africa in coming days
Australian company exploring the East African Rift System in Kenya, Tanzania and Zambia has said it is awaiting the receipt of signed farm-out documents having finalized the final steps in the … Read More
The Africa Energy Forum set for Dubai in just two weeks
The Africa Energy Forum is set to come up in Dubai in just two weeks’ time attracting some 456 unique companies have registered from 63 countries worldwide. The delegates spanning … Read More
Rift Energy ready to drill in Kenya’s Block L19
Houston based exploration company Rift Energy has told its shareholders that it is ready to commence drilling operations even as the company continues to evaluate potential acquisitions throughout east Africa. … Read More
