Jacka Resources initiates Tanzania’s Ruhuhu Block farm-out campaign

[twitter-follow screen_name=’oilnewskenya’] Jacka Resources has announced it has initiated a farm-out campaign after being approached by a number of parties interested in the license in its Ruhuhu Block. This continues … Read More

Solo Oil receives $5 million debt facility to fund Tanzanian projects

[twitter-follow screen_name=’oilnewskenya’] Solo Oil Plc has announced that it has drawn down the first US$1 million of a US$5 million 3-year debt facility secured today, and has closed a Placing … Read More

Statoil seeks to be the most carbon-efficient oil and gas producer globally

Statoil CEO Helge Lund will today put forward the company’s climate commitments as he addresses the UN Secretary General’s Climate Summit in New York according to a statement in the … Read More

CNOOC begins pre-production well drilling in Uganda

The China National Offshore Oil Corporation (CNOOC) has begun drilling of Kingfisher 4 pre-production well in Hoima district as the company prepares for commercial production in Uganda. The drilling of … Read More

Siemens, Dresser-Rand Group announce merger

Dresser-Rand Group Inc. a global supplier of rotating equipment and aftermarket parts and services, has announced that it has entered into a definitive merger agreement with Siemens under which Siemens … Read More

Otto Energy divests in its Galoc oilfield to focus more on East Africa exploration

Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in … Read More

Oil & Gas UK statement on Scottish Referendum result

In light of the ‘No’ vote in the Scottish Referendum, Oil & Gas UK looks forward to continuing working closely with both the UK and Scottish Governments towards the shared … Read More

Kenya could lose 7 oil blocks in Somalia dispute

As a maritime border dispute between the Somali government and Kenya heads to the international court of justice seven oil blocks currently held by Kenya are part of the determination … Read More