Somalia commissions onshore oil surveys
Story by Bloomberg Somalia is conducting offshore surveys in hopes of attracting explorers including Royal Dutch Shell Plc two decades after the outbreak of a bloody civil war drove foreign … Read More
Category: Top News
Uganda needs $8-12 billion for oil production – Tullow Oil
[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More
Tullow Oil pioneers in publishing extractive industry transparency report
[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More
Ophir Energy gives Pavilion Energy 20% interest in Tanzanian Blocks
[twitter-follow screen_name=’oilnewskenya’] Ophir Energy has announced that the transaction reported on 14 November 2013 to sell a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy has … Read More
Africa Oil reduces well drilling time in Kenya as costs increase
[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based … Read More
Shell makes motor oil from natural gas
Shell announced the creation of the first-of-its kind base oil made from natural gas, the cleanest burning fossil fuel. It is called Shell PurePlus Technology, a patented process of converting natural … Read More
Marathon Oil to drill 2-3 wells in Kenya’s Block 9
[twitter-follow screen_name=’oilnewskenya’] Marathon Oil plans to continue exploration works in Kenya’ in Sala-1 following 2013 drilling in Bahasi 1 exploration that reached 9,500 feet that was plugged and abandoned despite … Read More
Camac Energy to start exploration in Kenya’s onshore block L1B, L16
CAMAC Energy has announced that it will start its exploration onshore on block L1B or L16 in 2015 even as exploration continues in Blocks L27/ L28 in the Lamu Basin … Read More
Kenyan government plans to increase petroleum products storage capacity
Kenya hopes to increase its storage capacity of petroleum products by 22 percent in the next 3 years in anticipation of increasing demand and increased product from a new pipeline … Read More
Tanzania’s LNG export terminal could be expanded
Courtesy of Reuters Tanzania’s first planned liquefied natural gas (LNG) export terminal could be expanded after the project partners discovered more gas than expected, shareholder Ophir Energy said. East Africa, … Read More