Swala Energy Receives Funding for Exploration in its East African Acreage

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced that Swala has received US $750,000 under the terms of the Convertible Note Facility pursuant to the Company’s ASX Announcement in mid December. … Read More

Tembo 1 well plugged and abandoned after minimal success

[twitter-follow screen_name=’oilnewskenya’] After a number of delays Wentworth Resources has announced that drilling operations of the Tembo-1 well have now completed and with the well having reached to a total … Read More

Total begins drilling of its deepest offshore project yet

[twitter-follow screen_name=’oilnewskenya’] Total has today reached another milestone for the Egina project in Nigeria, as an intensive drilling program got under way. The company has mobilized two rigs which will … Read More

Tower Resources resolves dispute with Repsol in Namibia

[twitter-follow screen_name=’oilnewskenya’] Tower Resources has announced that it has reached agreement with the Operator, Repsol Exploration (Namibia) (Pty) Limited relating to the disputed costs associated with the drilling of the … Read More

Tullow Oil Hands Over Kshs.18 million Water Project in Turkana, Kenya

[twitter-follow screen_name=’oilnewskenya’] Tullow Kenya has today handed over an Kshs.18 million water project to the residents of Kataboi in Turkana North consisting of a borehole, solar powered submersible pump and … Read More

Simba Energy expects to sign Block 2A 2D seismic contract in Q1 2015

[twitter-follow screen_name=’oilnewskenya’] Simba Energy has said it expects to sign a contract and commence the initial 2D seismic program in the first quarter of 2015 with its technical team having … Read More

Swala Energy drops its arbitral claim in respect of Block 12B, Kenya

[twitter-follow screen_name=’oilnewskenya’] Swala Energy has said it has dropped its arbitration proceedings against CEPSA in respect to Block 12B pursuant to its announcement of the 10th November 2014. According to … Read More

Security companies reap from LNG exploration in Tanzania

[twitter-follow screen_name=’oilnewskenya’] BG Group has contracted pan-African security provider Warrior Security Company to secure its sites in Tanzania, in a partnership that has seen the 3500-strong security company extend its … Read More

Horizons 2015: What to look for in the year ahead

[twitter-follow screen_name=’oilnewskenya’] Source: Wood Mackenzie Macroeconomics: Asia’s consumers are key “The rate at which China’s economy rebalances away from investment and towards consumption will determine long-term trends in energy demand,” Cynthia Lim, … Read More