KENYA: Eni Eyes Green Initiatives in Kenya
The President of the Republic of Kenya Uhuru Kenyatta yesterday in Nairobi met the Chief Executive Officer of Eni Claudio Descalzi to discuss potential green initiatives to be developed in … Read More
Tag: Kenya
KENYA: Tullow Oil Receives Licence Extension for Blocks 10BB/13T
Tullow Oil has announced that Tullow and its Joint Venture partners have received extensions to their exploration licences for Blocks 10BB and 13T in Kenya to the end of 2021. … Read More
Africa Oil 2020 Net Income Hits $118M
Africa Oil has received an additional $50 million in dividends from Prime subsequent to the previous reporting period. This brings the total dividends amount to $162.5 million since Africa Oil … Read More
Africa Oil Eyes Kenya’s Geothermal and Wind Projects
Africa Oil is eyeing ‘money-making’ geothermal and wind projects in Kenya as the oil and gas industry slowly aligns itself with renewable energy, this is according to Africa Oil CEO … Read More
OPEC Fund approves US$20m for SMEs in East Africa
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to … Read More
FAR Limited Provides Half Yearly Report
The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More
Tullow Oil Provides H1 Operational Update
Production Group working interest production averaged 77,700 bopd in the first half of 2020, in line with expectations. Full year guidance has been updated to reflect recent strong performance in … Read More
KENYA: Tullow Oil, JV Receives 1 Year License Extension on Blocks 10BB and 13T
Blocks 10BB and 13T joint venture partner Africa Oil Corp. has announced that an extension has been granted by the Government of Kenya on the south Lokichar blocks. Under the … Read More
East African Countries Submit 17 Expressions of Interest for the 6th GRMF Application Round
The AUC has acknowledged that on 29 July 2020 seventeen (17) Expressions of Interest (EoI) for the Geothermal Risk Mitigation Facility’s 6th Application Round were received on time and were accepted … Read More