Swala Oil and Gas to raise Kshs.260 million in Tanzanian IPO
Swala Oil and Gas will starting today open its shares to the Tanzanian public selling 9.6 million shares at TZS 500 (approx. $0.31) a share as it seeks to get … Read More
Swala Oil and Gas will starting today open its shares to the Tanzanian public selling 9.6 million shares at TZS 500 (approx. $0.31) a share as it seeks to get … Read More
2D seismic acquisition for 500 kilometers in Block 11B is expected to start soon with the tendering process at an advanced stage according to a presentation made Bowleven CEO Kevin … Read More
Results on the 350km of 2D seismic acquisition carried out by BGP International on Block 12B located on the Nyanza Rift are expected in the coming days according to a … Read More
The Kenya, Uganda, South Sudan oil pipeline consultancy bid advertisement is expected to be out in the next two to three weeks according to Kenya’s ministry of energy. The pipeline … Read More
[twitter-follow screen_name=’oilnewskenya’] Simba Energy Inc has announced that it will complete an airborne FTG survey (Full Tensor Gradiometry) that commenced with daily flights about 10 days ago in the next … Read More
[twitter-follow screen_name=’oilnewskenya’] Businesses across Kenya last year made Kshs 8.2 billion in revenues from supplying services to Tullow Kenya and contractors carrying out oil exploration in the country, a report … Read More
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil is set to drill 35 wells by Q3 2016 in East Africa according to the recent overview presentation earlier this month. This is even as the … Read More
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that the Shimela-1 well encountered water bearing reservoirs. Shimela-1 in the South Omo Block, onshore Ethiopia, was drilled to test a prospect in … Read More
[twitter-follow screen_name=’oilnewskenya’] The ongoing 3D Seismic surveys over an area of 550 square kilometers in Blocks 10BB and 13T will be through by the end of the third quarter according … Read More
Africa Oil and its Partner Tullow oil have hit some 62 meters of vertical net oil pay in a well drilled towards the north of Twiga 1 and is currently … Read More