Highlights of Tullow Oil, Total E&P Production Licences in Uganda
Duration: The Licences have been issued for a period of 25 years and can be renewed for an additional period of 5 years as provided for in the Production Sharing … Read More
Tag: Tullow Oil
Uganda Issues 8 production licences to Tullow and Total E&P
Uganda’s minister for energy and minerals Eng Irene Muloni, has issued 8 production licences to Tullow and Total E&P. Muloni re-echoed the need to fast track the production which she … Read More
Kenya will start oil production in March 2017
Following Kenya’s President Uhuru Kenyatta’s directive to expedite exportation of Kenya’s first oil, Tullow Oil Company has confirmed that it will start oil production in March next year. Briefing President … Read More
Rhino Resources Hires Rob Tims as CFO
Rhino Resources has expanded its experienced leadership team with the addition of London-based Chief Financial Officer Rob Tims a 25-year veteran of the oil and gas industry whose experience spans … Read More
Africa Oil Has Spent Kshs.2.25 Billion in Exploration, Development Expenses in Kenya in 2016
The Company incurred (Kshs2.25 billion) $22.5 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2016 according to the latest half year results by the … Read More
Uganda Cabinet Approves Three petroleum production licenses to Total E&P
Uganda cabinet has announced that during its previous sitting on Wednesday 3rd August it approved consideration and approval of a request from the minister of energy to issue three petroleum … Read More
Tullow Oil To Commence Transport Trials for the Early Oil Pilot Project in Kenya
Preparations for the early oil pilot project are set jump into a new phase in the coming days with the transportation of two trucks of crude oil that will allow … Read More
Tullow Oil Commences FTG Surveys Over Kenya’s Blocks 12A, 12B
Full-Tensor Gravity (FTG) surveys have commenced over Block 12B in the Nyanza Graben and Block 12A over the Kerio Basin. The survey over Block 12B is expected to help gain further … Read More
Kenya’s Early Oil Project FID Could Be Out This Week
The South Lokichar final investment decision on the early oil project by block operator Tullow Oil could be out by Wednesday as the company releases the 2016 Half Year Results. … Read More
Tullow Oil to raise $300 million to Fund East & West Africa Operations
Tullow Oil has said it will be raising $300 million of Convertible Bonds due 2021 to diversify the company’s sources of funding and the proceeds will be used for general … Read More