Tullow Oil loses Uganda’s Ngassa oil field
The Ugandan government has repossessed the Ngassa oilfield from British explorer Tullow Oil after the company failed to keep up with the appraisal schedule and the East African country failed … Read More
Tag: Tullow Oil
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
Sakson Group focuses on training as local expertise lacks
Dubai based offshore company Sakson Group has said it will focus on training the local skills in Kenya where it is drilling for oil exploration companies Tullow Oil and New … Read More
Eastern Africa Oil,Gas/ LNG& Energy Conference starts in Nairobi
The conference and summit brings together stakeholders in the oil and gas industry including government, African National Oil companies, Licensing agencies, foreign state national players and the supporting service industry. … Read More
Ophir Energy in bid to buy Premier Oil
Source: The Sunday Times Ophir Energy is said to have approached Premier Oil with two secret bids to create a 5 billion combined oil exploration group, The Sunday Times reports … 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
Tullow Oil receives mixed results at Kenya’s Block 10BB, 13T wells
Tullow Oil has announced the results of a series of recent exploration and appraisal activities conducted by the four rigs currently operating in Blocks 10BB and 13T onshore Kenya. The Emong-1 exploration well in Block … 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
OPINION: Tullow discloses payments but Kenya Energy bill falls short of making mandatory disclosures
By: Kenya Civil Society Platform on Oil and Gas In a move internationally hailed as pioneering Tullow Oil has released its annual report including reporting at a project level. Tullow … Read More
Tullow Oil pioneers in publishing extractive industry transparency report
[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More
