Kenya Seeks Experts to Review the South Lokichar Field Development Plan

Kenya’s Ministry of Energy and Petroleum through the World Bank funded Kenya Petroleum Technical assistance project has requested for the submissions of expressions of interest to review and ascertain the … Read More

Tullow Oil Receives 3 Year License Extension in Kenya’s Blocks 10BB, 13T

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

South Lokichar’s Final Investment Decision to be out by August – Tullow Oil

The final investment decision for the early oil pilot scheme in Kenya’s oil rich South Lokichar basin is expected to be out either between the months of June and July … Read More

Tullow Oil Pushes Kenya’s Block 12A Basin Opener Drilling to Q1 2016

Block 12A basin opener Cheptuket exploration well earlier set to start drilling in October 2015 has been pushed forward to 2016 according to block operator Tullow Oil. The well which … Read More

Africa Oil gets $50 million financing to advance the appraisal and development in Kenya

Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member of the World Bank Group, to sell, on a non-brokered … Read More

Africa Oil exploration expenditures in Kenya drop to $146.2 million in 2015

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

Tullow Oil, Africa Oil strike more oil in Kenya’s Blocks 10BB and 13T

The Ngamia field continued to register positive results with the Ngamia 7 appraisal well which was drilled to test the Ngamia oil field’s eastern flank encountering up to 130 metres … Read More

Huge opportunities awaiting East African investors especially in transport and construction

Companies in construction and logistics are been urged to take advantage of the opportunities bound to emerge in the oil and gas development phase as the East African region prepares … Read More

Africa Oil in $100m Equity Raise to fund exploration, appraisal plans in South Lokichar onshore Kenya

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