Future of East Africa is in agriculture not oil, says expert
Story by The New Times The discovery of commercially viable oil and gas deposits in East Africa has caused a lot of excitement among ordinary citizens, as well as political … Read More
Tag: Africa Oil
Africa Oil Corp 2014 Program Goals in Kenya
•Continue to add resources and de-risk South Lokichar Basin –Drill out remaining prospect inventory –Appraise existing and future discoveries with aid of new 3D seismic –Update third party resource report … Read More
Nestlé expects ‘major growth’ in Kenya when oil starts flowing
Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … 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
Tullow Oil denies oil discovery reports in Ethiopia
British explorer that is carrying works in the South Omo zone has denied reports by US based website Energy and Capital that it had discovered oil in the zone. Tullow … Read More
Taipan Resources: Hunting Elephants in Kenya
Story by MarketWatch The East African Rift Basin system is one of the last of the great rift basins to be explored. It was only in 2012 that Tullow and … Read More
Simba Energy announces further 2D seismic work in Kenya
[twitter-follow screen_name=’oilnewskenya’] Simba Energy has granted permission to Taipan Resources Inc. (“Taipan”) operator of Block 2B in Kenya, to carry out 2-D seismic in an area located in the southwest … Read More
‘Humanitarian Crisis’ for Ogaden Living Near Ethiopia’s Oil Fields
[twitter-follow screen_name=’oilnewskenya’] Story by Inter Press Service News Agency New allegations of scorched earth evictions of the Ogaden people have raised concerns that a lack of benefit sharing could escalate … Read More
International companies operating in Kenya and the oil blocks awarded
Source:Ministry of Energy and Petroleum Operator/Contractor Block No. Basin Name Afren/Lion 1 Mandera Afren/EAX L17/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A/3B Anza Africa … Read More
Kenya to exploit oil before Uganda
[twitter-follow screen_name=’oilnewskenya’] Kenya will start oil production before its neighbour Uganda according to Tullow Oil discovered having announced its first oil discovery six years after its western neighbour. Tullow Oil … Read More