East Africa to Witness Increased Upstream Activity in 2022

The three countries Kenya, Uganda and Tanzania could see investments of over $13 billion in the upstream sector from ongoing exploration and entry in the development stage. This is according … Read More

KENYA: KJV Seek Higher Crude Oil Production for Faster Capital Returns

The Kenya Joint Venture comprising of Tullow Oil, Total and Africa Oil seeks to increase the amount of oil produced per day in a “newly redesigned and optimized” plan in … Read More

Wataalamu, Intestrat Launch Online Courses Ahead of East Africa Development Phase

With Uganda in the development phase and Kenya hoping to emerge from the exploration phase by the end of the year two firms Intestrat services and  Wataalamu consultancy will by … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

EOPS: 30,000 Barrels of Crude Oil Stored in Mombasa

Already 30,000 barrels of crude oil have been stored at the Mombasa based refinery since the trucking of stored oil at the Ngamia fields in mid this years. Currently the … Read More

New Assessment of Resources in South Lokichar Shows 25% lower Than Reported

A new full assessment of all the exploration and appraisal data, Tullow estimates that the South Lokichar basin contains the following recoverable resources 560mmbo 2C down from 766mmbo reported earlier … Read More

Amosing 7 Well Successful As Exploration and Appraisal Drilling In South Lokichar Concludes

The Amosing 7 appraisal well drilled using the Marriot Rig 46 has encountered 25 meters of net oil and gas pay concluding the 2017 exploration and appraisal drilling campaign on a … Read More

Execution of JDA between Kenya, JV partners to Commence by Year-End

Tullow Oil has reported that it expects the Joint Development Agreement (JDA) setting out a structure for the Government of Kenya and the Kenya Joint Venture Partners (Maersk Oil, Africa … Read More