Africa's Oil, Gas and Energy News.
Tullow Oil has announced that it will set aside $225M of the $500M Group’s capital expenditure to Kenya’s Pre-development, Exploration and Appraisal Expenditure this year. This expenditure is expected to … Read More
Tullow Oil is set to start the drilling of its northern most well in the south Lokichar basin ‘Erut’ to date on December 16th according to the country’s exploration manager … Read More
Tullow Oil has reported that it expects the Joint Development Agreement (JDA) setting out a structure for the Government of Kenya and the Kenya Joint Venture Partners (Maersk Oil, Africa … Read More
Tullow has announced it has reached an agreement with the Government of Kenya to extend the exploration period for Blocks 10BB and 13T in South Lokichar to 18 September 2020 … Read More
The Kenya government and oil explorer Tullow Oil have reaffirmed plans to start product in the Lokichar basin by mid-2017 as planned in a meeting with the CEO and other … Read More
Africa Oil has announced that an independent assessment of the Company’s Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by … Read More
1950’S – Oil exploration commenced 1960 to 1984 – 16 wells drilled mainly in the Lamu and Anza basins 1981- National Oil was incorporated in 1981 1984 GOK enacted new … Read More
Three months after the drilling of the wildcat well in block 12A commenced OilNews Kenya has learnt from a source who chose to be anonymous that the well has since … Read More
Canadian exploration company Africa Oil says it incurred $146.2 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2015 a drop from $169.5 million in … Read More
Africa Oil has announced plans to raise US$100m in new equity through a private placement to fund the ongoing appraisal and pre-development activities in the core South Lokichar Basin onshore … Read More
