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FAR Limited Provides Half Yearly Report

The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More

Thousands of oil industry jobs at stake as companies reduce costs

[twitter-follow screen_name=’oilnewskenya’] Keeping a job in the upstream sector of the global oil and gas industry is seemingly becoming harder by the day as companies streamline operations to reduce costs … Read More

Cairn Energy, FAR announce oil discovery Senegal

Cairn together with its joint venture partners FAR ConocoPhillips 35% and Petrosen have announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metres water depth and approximately 100 kilometres offshore in the Sangomar Deep block reached a Target … Read More

Energy top on the agenda as US-Africa summit kicks off in Washington

This week over 50 African heads of state will discuss ways of improving trade between their countries and the United states as well as how to tap into the United … Read More

Apache, Midstates Petroleum join well data sharing consortium

[twitter-follow screen_name=’oilnewskenya’] Story Courtesy of Rushmore Reviews Apache Corp and Midstates Petroleum are the latest of a series of Operators to start sharing key performance data on the drilling, completions … Read More