Swala Energy farms out block 12B, secures funding for multi-well drilling program

Australian oil and gas company Swala Energy Limited has announced the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integrated oil and … Read More

Somaliland government and Oil companies discuss ways to accelerate oil exploration

Story by Somaliland press Somaliland government officials led by the Minister of Energy and Minerals Hon. Hussein Abdi Dualeh and the representatives of four international oil companies namely Genel ,DNO,RAK … Read More

Taipan completes 2D seismic in Kenya’s Badada prospect

Taipan Resources Inc has reported that an additional 196.2 km 2D seismic survey on Block 2B onshore Kenya has been completed, confirming robust closure at the Badada prospect, formerly known as the Pearl … Read More

East Africa Community lawyers and dons to get training on extractive sector law formulation

The East African Development Bank will from next week train senior policy makers in the East African Community in the extractive sector  with the aim of improving the negotiation and … Read More

Africa Oil Announces Farmouts in the Rift Basin Area and Adigala Blocks in Ethiopia

Africa Oil has announced that it has received Ethiopian government approval in respect of two farmout agreements with Marathon Oil and New age Ethiopia Limited. Under the terms of the … Read More