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

Kenya Joint Venture Partners Sign the Joint Development Study Agreement for the Crude Oil Pipeline

The Lokichar-Lamu crude oil pipeline today took a significant step forward following the signing of a Joint Development Study Agreement (JDA) between the Government of Kenya and Tullow Oil, Africa … Read More

Total E&P Reassures Uganda of its Commitment Following Entrance into Kenya’s Oil Rich Turkana

Total has written to Uganda assuring the country that it will not abandon the $3.55 billion heated crude oil pipeline through Tanzania after buying assets in neighbouring Kenya. The news … Read More

Total Gets Stake in Turkana Following acquisition of Maersk Oil

Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas, a wholly owned subsidiary … Read More

Stanbic, Sumitomo Mitsui, IBC Selected As Financial Advisors For East Africa Crude Oil Pipeline

Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima to Tanga 1,445-kilometer (898-mile) pipeline after they were contracted by … Read More

Work Begins on the East African Crude Oil Pipeline

President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipeline from Hoima district in Uganda to the Tanzanian … Read More