Africa's Oil, Gas and Energy News.
On 22 December 2014, Afren plc announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company plc (Seplat) regarding a possible combination with Afren. Seplat was … Read More
Taipan Resources has announced that the Company’s Kenya based subsidiary Lion Petroleum Corp has commenced an arbitration action against East African Exploration (Kenya) Limited (EAX), a wholly owned subsidiary of … Read More
[twitter-follow screen_name=’oilnewskenya’] Afren plc has provided an update regarding the review of its capital structure, liquidity and funding requirements as announced on 27th January as the business seeks to address … Read More
[twitter-follow screen_name=’oilnewskenya’] In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices Afren says its board has been reviewing … Read More
Afren plc has announced that it has successfully secured, from its former CEO, Osman Shahenshah, and former COO, Shahid Ullah, a cash payment of US$17.1mn in relation to payments made … Read More
[twitter-follow screen_name=’oilnewskenya’] Operator of Block 1101 onshore Madagascar Afren plc has announce the completion of its drilling and coring operations and the discovery of oil in two boreholes drilled on … Read More
Taipan Resources has announced that an independent assessment of the Company’s prospective resources on Block 1, northern Kenya has been completed by RPS Energy in the United Kingdom raising the total gross … Read More
The 3rd East Africa Oil & Gas Summit & Exhibition to be held next week is set to welcome 3000 international delegates, exhibitors and trade visitors to Nairobi this October … Read More
Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified portfolio of production, development and exploration assets in 10 African … Read More
Afren plans to carry a 290 km 2D seismic in block 1 as it prepares to drill an exploration well late 2015. The block which is located in Kenya’s north … Read More
