EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil

Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.   Under the agreement Petrofac will provide technical authority and discipline … Read More

Africa Oil To Reevaluate Bogal-1 Discovery, Reprocess 2D Seismic In Block 9

Kenya’s Block 9 operator Africa Oil has until June 2018 to undertake engineering and well design for reevaluation and testing of Bogal-1 well over eight years after the well was … Read More

Africa Oil Receives One Year License Extension in Ethiopia’s Rift Basin Block

Rift Basin Block operator Africa Oil has announced that the Ethiopian Ministry of Mines, Petroleum and Natural Gas has awarded the Canadian company a one year extension to the block license which will … Read More

Delonex Energy Is Slowly Becoming A Major Player in East Africa

Delonex Energy has since its entry in East Africa through the Ethiopian acreage in September 2014 increased its presence in the region just recently having acquired equity in Kenya’s Block … Read More

Majority of Petroleum Rights Holding Companies in Kenya Incorporated in Tax Havens

A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More

Cheptuket-1 Well in Kenya’s Block 12A on course to complete in February

Block 12A basin opener Cheptuket well is still on its drilling schedule and is set to complete in February according to block operator Tullow Oil in its last update. The … Read More