Capex within Africa’s oil and gas sector to hit $30 billion in 2022

Despite global capital expenditure having been on a downward spiral between 2014 and 2020- owing largely to COVID-19 pandemic spending trends and energy transition-related divestment in Africa – the African … Read More

Swala Energy Exits Kenya’s Block 12B

There is uncertainty on whether Australian firm Swala Energy which held 50 percent equity in Kenya’s block 12B has relinquished its share with the Tullow Oil website indicating that the operator now … 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

Guest Post: Early Oil Pilot Scheme Is a chance To Get It Right

By Dennis Morton In about nine months from now Kenya will be an oil producer. Tullow Oil and its partners Africa Oil and Maersk believe that they can produce and … Read More

Adamantine Energy, Bowleven Lose Kenya’s Block 11B

Kenya’s Block 11B operator Adamantine Energy and joint venture partner Bowleven will not be receiving an extension on their license according to commissioner for petroleum Ministry of Energy and Petroleum … Read More

Tullow Oil, JV Partners To Drill More Basin Openers, Appraisal Wells in Kenya in Late 2016

Africa Oil has reiterated that the South Lokichar basin could see 2-4 Potential basin-openers in late 2016 and beyond as well as 4-8 Appraisal and exploration drilling targets raising hopes … Read More

Tanzania Pipeline Route Not A Done Deal – Kenya

Days after Tanzania and Uganda are said to have agreed on a more southern route that would avoid Kenya’s oil rich Lokichar basin the latter’s finance and energy cabinet secretaries … Read More