Uganda to borrow $145mn for infrastructure upgrade ahead of oil production

The Uganda government has said it will borrow $145 million for revamping infrastructure in the Albertine region part of $320 million to be sought from World Bank’s arm the International … Read More

Oil sector to employ over 100,000 Ugandans in 3 years

About 100,000 jobs will be generated in the oil sector in Uganda in 3 years as the country evolves from exploration and appraisal to development and production. This is according … Read More

Report claims human right abuses in East Africa ahead of Oil,Gas production

In the paper dubbed Steep Rise in Allegations of Human Rights Abuse as Boom in Investment Brings Hope of Prosperity – Business and Human Rights in Eastern Africa: A Regional … Read More

Apache, Midstates Petroleum join well data sharing consortium

[twitter-follow screen_name=’oilnewskenya’] Story Courtesy of Rushmore Reviews Apache Corp and Midstates Petroleum are the latest of a series of Operators to start sharing key performance data on the drilling, completions … Read More

Uganda needs $8-12 billion for oil production – Tullow Oil

[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More

Tanzania to Review Gas-Drilling Deals

All contracts held by oil and gas exploration companies in Tanzania will be reviewed at the end of the year as the country revamps laws regulating the sector that has … Read More

International companies operating in Kenya and the oil blocks awarded

Source:Ministry of Energy and Petroleum Operator/Contractor Block No. Basin Name Afren/Lion 1 Mandera Afren/EAX L17/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A/3B Anza Africa … Read More