Africa's Oil, Gas and Energy News.
Canadian listed company Africa Oil has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier this month having issued an aggregate of 57,020,270 common shares. … Read More
Africa Oil has announced plans to raise US$100m in new equity through a private placement to fund the ongoing appraisal and pre-development activities in the core South Lokichar Basin onshore … Read More
Nearly eight months after OilNews Kenya published that the National Oil Corporation of Kenya (NOCK) was internally discussing exercising its right to back-in in Blocks 10BB and Block 13T the … Read More
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil and Africa oil have announced that they have struck more oil in North Western Kenya at the Amosing 3, Ngamia 5 and Ngamia 6 appraisal wells. … Read More
Tullow Oil and Africa Oil say they plan to drill 6 basin openers in North Western Kenya’s North Lokichar basin, Kerio basin as well as in North Turkana according … Read More
2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. … Read More
The UK’s Department for International Development (DFID-Kenya) has said it is committed to Turkana County Government that it will support engagement of communities, with oil companies and NGOs, for local … Read More
The Kenyan government has approved extension of the exploration license in blocks 10BB and 13T by one year following delays in acquisition of 3D seismic. Following the approval exploration periods … Read More
India’s overseas investment arm of Oil and Natural Gas Corp ONGC Videsh might be looking into farming into Tullow Oil assets in Ghana and Kenya according to news reports by … Read More
Tullow Oil has reported more oil finds as well as a number of disappointments in its latest Kenya exploration and appraisal update that included the first wildcat exploration well in … Read More
