Sala-2 well in Kenya’s Block 9 disappoints
Sala-2 appraisal well in Block 9 has failed to find any significant hydrocarbons updip from Sala-1 gas discovery according to the latest update from Africa Oil the operator and one … Read More
Tag: Kenya
Mixed luck for Tullow Oil, Africa Oil in Northern Kenya
Tullow Oil has reported more oil finds as well as a number of disappointments in its latest Kenya exploration and appraisal update that included the first wildcat exploration well in … Read More
FAR raises $46.7 million to fund exploration ventures in Africa and Australia
FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More
Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More
PetroServices eyes expansion into the East African market
German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More
Africa Oilfield Logistics Ltd to dual list in the Nairobi Securities Exchange
African focussed support services and logistics company Africa Oilfield Logistics Ltd has announced its intention to dual list on the Growth Enterprise Market Segment (‘GEMS’) of the Nairobi Securities Exchange … Read More
3rd East Africa Oil & Gas Summit & Exhibition set to kick off in Nairobi next week
The 3rd East Africa Oil & Gas Summit & Exhibition to be held next week is set to welcome 3000 international delegates, exhibitors and trade visitors to Nairobi this October … Read More
Spectrum, OMNIS sign new seismic brokerage agreement in Madagascar
Spectrum and OMNIS in Madagascar have signed an agreement where Spectrum assumes exclusive brokerage rights to the majority of the vintage seismic data located both offshore and onshore Madagascar. The … Read More
Greatwall Drilling Company to drill the Badada Prospect in Kenya Block-2B
Taipan Resources Inc. the operator in block 2B has announced the signing of a Letter of Intent with the Greatwall Drilling Company of China to contract the GW-190 land rig … Read More
Tower Resources more hopeful of oil find rather than gas in Kenya’s Block 2B
Tower Resources is more hopeful of an oil find unlike a gas find in Kenya;s block 2B Badada-1 well exploration well according to a recent report by the company. In … Read More
