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Tullow Oil to spend $170M in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018

Tullow Oil estimates to spend approximately $170 Million in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018 a majority of which is set aside for Exploration and Appraisal at $90 … Read More

Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number … Read More

Experts call for clear tax policies on farm down transactions in Kenya

[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions may be a draw back with the potential to derail … Read More

Swala Energy appoints financial advisor as it considers farm-down in East Africa

  Swala Energy has announced that it has appointed London based First Energy Capital LLP as financial adviser to the Company as it considers interest from a third party to … Read More