What to look out for in Kenya’s oil and gas sector in January 2015

2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. … Read More

Swala Energy Receives Funding for Exploration in its East African Acreage

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced that Swala has received US $750,000 under the terms of the Convertible Note Facility pursuant to the Company’s ASX Announcement in mid December. … Read More

Tower Resources resolves dispute with Repsol in Namibia

[twitter-follow screen_name=’oilnewskenya’] Tower Resources has announced that it has reached agreement with the Operator, Repsol Exploration (Namibia) (Pty) Limited relating to the disputed costs associated with the drilling of the … Read More

Lake Turkana Wind Power Project Achieves Financial Close

Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has received the first disbursement of funds pursuant to financing agreements signed in March … Read More

Tullow Oil Hands Over Kshs.18 million Water Project in Turkana, Kenya

[twitter-follow screen_name=’oilnewskenya’] Tullow Kenya has today handed over an Kshs.18 million water project to the residents of Kataboi in Turkana North consisting of a borehole, solar powered submersible pump and … Read More

Swala Energy drops its arbitral claim in respect of Block 12B, Kenya

[twitter-follow screen_name=’oilnewskenya’] Swala Energy has said it has dropped its arbitration proceedings against CEPSA in respect to Block 12B pursuant to its announcement of the 10th November 2014. According to … Read More

Atlas Development & Support Services lists on the Nairobi Securities Exchange

[twitter-follow screen_name=’oilnewskenya’] Nairobi-headquartered support services and logistics company Atlas Development & Support Services (ADSS or Atlas cross listed on the Growth Enterprise Market Segment (‘GEMS’) of the Nairobi Securities Exchange, … Read More

Taipan Resources awards drilling contracts for Badada-1 well in Kenya’s Block 2B

Block operator in Block 2B Taipan Resources has announced that together with other joint-venture partners, have executed a contract with Greatwall for the GW-190 land rig and have also contracted … Read More