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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

SENEGAL: Woodside Says Sangomar On Track For First Oil In 2023

Woodside has denied media reports stating that Senegal has been forced to delay its first oil and gas projects by up to two years because of the COVID-19 pandemic. According … Read More

Pancontinental Oil & Gas, PTTEP Withdraw from Kenya’s Block L10A

Pancontinental Oil & Gas and its L10A joint venture partner PTTEP of Thailand have issued Operator BG Kenya L10A Limited notices of withdrawal from Block L10A in the Lamu Basin … Read More

Vanoil Energy to proceed with arbitration after loss of Kenyan blocks 3A and 3B

Vanoil Energy has provided an update on the ongoing negotiations with the Kenyan Government with respect to the extension of Vanoil’s Production Sharing Contracts over Block 3A and Block 3B, … Read More

Change in Kenya tax laws good for extractive sector

Kenya’s move to replace withholding tax with income tax on assignment of rights targeting the extractive industry has received praise from tax experts who say this move will encourage farm-outs … Read More

Vanoil Provides Update on License Renewals in Kenya

“Vanoil Energy  a Vancouver-based Canadian international oil and gas development company has confirmed ongoing discussions with the Kenyan Government with regard to its license renewals in Kenya.These talks are now … Read More