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Coronavirus to delay most of 2020’s FPSO deliveries and postpone USD30 billion of E&P investments

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore. Rystad … Read More

Kenya, Sudan sign MoU on Oil and Mining Cooperation

Kenya and Sudan have signed agreements to deepen the two country’s collaboration in oil and mining sector with the East African country hoping to gain from Sudan’s experience in petroleum, … Read More

Maersk Drilling unveils fourth ultra deepwater drillship

[twitter-follow screen_name=’oilnewskenya’] Maersk Drilling’s fourth ultra deepwater drillship was named yesterday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lene Berg, wife of … Read More

Challenges Kenya, Uganda face in oil production

The East African region is now focus of the world as it joins the league of oil producing countries with over 1.6 billion barrels discovered in Uganda and Kenya with … Read More

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