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East African Oil & Gas Market 2015-2025

Visiongain’s comprehensive new 262 page report reveals that the East African oil & gas market will see capex of $4.19bn in 2015, including spending on both upstream exploration & development (E&D) and midstream infrastructure. Market scope: East Africa is fast becoming one of the world’s most interesting oil and gas hotspots. For many years the area was neglected by the Continue Reading »

Kenya to Market Oil, Gas Projects

Kenya will use the East Africa Oil & Gas Summit to highlight its progress in implementing infrastructure projects aimed at spurring regional trade by linking the country with Uganda, South Sudan and Ethiopia. Kenya will inform participants about investment opportunities provided by the Lamu Port-Southern Sudan- Ethiopia Transport Corridor (Lapsset) projects at the summit, which kicks off from November 15 Continue Reading »

Kenya Pipeline Picks PwC as Lead Adviser on Oil-Refinery Offer

Kenya Pipeline Co. selected PricewaterhouseCoopers as lead adviser on its proposed purchase of Kenya Petroleum Refineries Ltd., the only crude-processing company in East Africa’s largest economy. A group of firms led by PwC will conduct a “full-scale due diligence” on KPRL and its findings will be released before January, said John Ngumi, chairman of the state-owned pipeline company. “We want Continue Reading »

East Africa: Uganda, Kenya, Set to Position E. Africa As Next Oil Frontier

Uganda and Kenya are set to position East Africa as the next oil development frontier, Bloomberg Intelligence has said. The note based the findings on the discovery of several onshore deposits. They include the billion-barrel potential at Uganda’s Lake Albert and Kenya’s South Lokichar Basin. “While early-stage, with full development not expected until 2020 or later, accelerating drilling activity, resource Continue Reading »

East African Oil & Gas Market 2015-2025

Visiongain’s comprehensive new 262 page report reveals that the East African oil & gas market will see capex of $4.19bn in 2015, including spending on both upstream exploration & development (E&D) and midstream infrastructure. Market scope: East Africa is fast becoming one of the world’s most interesting oil and gas hotspots. For many years the area was neglected by the Continue Reading »

Kenya to Market Oil, Gas Projects

Kenya will use the East Africa Oil & Gas Summit to highlight its progress in implementing infrastructure projects aimed at spurring regional trade by linking the country with Uganda, South Sudan and Ethiopia. Kenya will inform participants about investment opportunities provided by the Lamu Port-Southern Sudan- Ethiopia Transport Corridor (Lapsset) projects at the summit, which kicks off from November 15 Continue Reading »

Kenya Pipeline Picks PwC as Lead Adviser on Oil-Refinery Offer

Kenya Pipeline Co. selected PricewaterhouseCoopers as lead adviser on its proposed purchase of Kenya Petroleum Refineries Ltd., the only crude-processing company in East Africa’s largest economy. A group of firms led by PwC will conduct a “full-scale due diligence” on KPRL and its findings will be released before January, said John Ngumi, chairman of the state-owned pipeline company. “We want Continue Reading »

East Africa: Uganda, Kenya, Set to Position E. Africa As Next Oil Frontier

Uganda and Kenya are set to position East Africa as the next oil development frontier, Bloomberg Intelligence has said. The note based the findings on the discovery of several onshore deposits. They include the billion-barrel potential at Uganda’s Lake Albert and Kenya’s South Lokichar Basin. “While early-stage, with full development not expected until 2020 or later, accelerating drilling activity, resource Continue Reading »

East Africa Oil Pipelines Boon to Private Funders, AfDB Says

Oil pipelines planned in Kenya and Uganda to ferry crude from fields to port present opportunities for private financiers keen to gain a foothold in East Africa’s energy industry, the African Development Bank says. “Nobody has ever, ever lost money financing pipelines,” Gabriel Negatu, the Abidjan-based lender’s regional director for East Africa, said in an interview in Kenya’s capital, Nairobi, Continue Reading »

East Africa’s oil export ambitions start to gel: Fuel for Thought

A recent flurry of progress on pipeline plans and field approvals in East Africa means Kenya is set to become the region’s first oil exporter, beating its land-locked neighbor and regional rival Uganda to the punch. Under a deal struck with Tullow Oil last month, crude flows from Kenya’s north western Lokichar basin to the port of Lamu on the Continue Reading »

Uganda’s Petrochemical Industrial Park Master Plan to be complete by February 2017

A master plan for the development of the petrochemical industrial park in Hoima, Uganda is expected to be completed by February 2017 according to the country’s Prime Minister Dr. Ruhakana Rugunda. Speaking at the opening of the 6th joint sector review for the energy and mineral development sector Dr Ruhakana told participants that already the acquisition of 29.5km2 of land Continue Reading »

Kenya will start oil production in March 2017

Following Kenya’s President Uhuru Kenyatta’s directive to expedite exportation of Kenya’s first oil, Tullow Oil Company has confirmed that it will start oil production in March next year. Briefing President Kenyatta at State House, today, Tullow Oil Chief Operating Officer Paul McDade said his company has made good progress and will be ready to start oil exportation in June 2017. Continue Reading »

Kenya seeks UN help to secure oil, gas riches beneath its sea bed

Attorney-General Githu Muigai on Monday told the New York-based United Nation’s Commission on the Limits of Continental Shelf (UNCLCS) — the body mandated to determine countries’ maritime boundaries — to fast track the demarcation of the sea borders to pave the way for Kenya’s search for riches in her territorial waters. “We want the commission to map out Kenya’s outer Continue Reading »

Tanzania plans to complete Uganda oil pipeline in 2020

Dar es Salaam: Tanzania plans to complete construction of a crude oil pipeline from Uganda in 2020 at an estimated cost of $3.5 billion, its energy ministry said on Monday. Uganda said in April it would build a pipeline, to ship out crude from its fields in the Albertine rift basin, through Tanzania rather than Kenya, which had wanted to Continue Reading »

 

$5.4M Disbursed Through Kenya Petroleum Technical Assistance Project – Report

The Kenya Petroleum Technical Assistance Project has disbursed $5.4M so far or 9.44% as of June 2016 according to the latest Implementation Status & Results Report by the World Bank which is funding the project. The World Bank in its report says that although the current disbursement levels remain low progress against the Project Development Objective (PDO) and intermediate results Continue Reading »

New U.S. Securities and Exchange Commission (SEC) Rules To Improve Transparency, Accountability – KCSPOG

The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has welcomed the adoption of the new rules for resource extraction companies by the U.S. Securities and Exchange Commission (SEC) saying they shall in turn improve transparency and accountability of the Government of Kenya to its citizens. The new rules, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Continue Reading »

East Africa: Pipeline Construction Starts January

Hoima — Construction of the Uganda-Tanzania crude oil export pipeline is planned to start in January next year, Uganda’s Energy minister Irene Muloni has said. Ms Muloni, who led a Ugandan team that held closed door discussions with the Tanzanian delegation in Hoima Town on Tuesday, told the media that the two countries had agreed to fast-track the project which Continue Reading »

Tanzania’s Kiliwani North well reaches 30 mmcf per day during commissioning

Aminex has announced that over the weekend, gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day (approximately 5,000 barrels of oil equivalent per day) with stable pressure recordings at that rate. Aminex adds that the commissioning process is expected to be concluded with the testing of the well to determine optimal rates which the Company Continue Reading »

Hon Charles Keter to Address East Africa Oil & Gas Summit

28 June, 2016 – Hon Charles Keter, Cabinet Secretary of the Ministry of Energy & Petroleum in Kenya is set to present a keynote address at the opening ceremony of the East Africa Oil & Gas Summit (EAOGS), the largest exhibition and conference dedicated to expanding the region’s exploration success.   Joined on stage by Hajatiana Rasolomanana, Director General of Continue Reading »

Mozambique Gives Greenlight For Tembo-1 Gas Discovery Appraisal

Wentworth Resources has reported that the Ministerio dos Reuros Minerais e Energia (Minister of Minerals & Energy) in Mozambique has granted an Appraisal Plan for the Tembo-1 gas discovery in the Onshore Rovuma Concession exploration license. Under the two-year appraisal period, Wentworth becomes the Operator of the Rovuma Onshore Concession (“Concession”) and increases its participation interest in the Concession from Continue Reading »

Kenya Government ‘Cautiously Optimistic’ Of Commencing Oil Exports in 2017

The Government of Kenya  has said it remains cautiously optimistic of exporting crude oil from the lokichar basin by June 2017 having overcome the various challenges that remain including requisite infrastructure, storage and a new jetty according to chair Presidential Delivery unit head and deputy chief of staff in the office of the president Nzioka Waita. According to Waita the Continue Reading »

Tullow Oil encounters good oil shows at Cheptuket-1 well

Tullow Oil plc announces that the Cheptuket-1 well in Block 12A, Northern Kenya, has encountered good oil shows, seen in cuttings and rotary sidewall cores, across an interval of over 700 metres. Cheptuket-1 is the first well to test the Kerio Valley Basin and was drilled by the PR Marriott Rig-46 to a final depth of 3,083 metres. The objective Continue Reading »

Kenya to introduce crude oil into the market by next year

Kenya plans to sell crude oil in nine months’ time despite expert advice that the earliest the Turkana oilfields can be commercially exploited is 2020 reads TheEastAfrican. A Kenyan State House-based team has been given until January 2016 to work on the logistics of the evacuation that would see crude moved by trucks from Lokichar to Kitale, from where it Continue Reading »

4th EAOGS TO BE AT THE FOREFRONT OF DISCUSSIONS AROUND HOW TO EXPAND REGIONS EXPLORATION SUCCESS

The 4th East African Oil and Gas Summit (EAOGS) takes place at the KICC in Nairobi from the 15 – 17 November 2016, following on from the success of last year’s event which saw over 2,300 participants from 380 companies gain invaluable insight into the projects and latest opportunities in the region. Further to Tullow Oil and partner Africa Oil Corp’s Continue Reading »

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$5.4M Disbursed Through Kenya Petroleum Technical Assistance Project – Report

The Kenya Petroleum Technical Assistance Project has disbursed $5.4M so far or 9.44% as of June 2016 according to the latest Implementation Status & Results Report by the World Bank which is funding the project. The World Bank in its report says that although the current disbursement levels remain low progress against the Project Development Objective (PDO) and intermediate results Continue Reading »

New U.S. Securities and Exchange Commission (SEC) Rules To Improve Transparency, Accountability – KCSPOG

The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has welcomed the adoption of the new rules for resource extraction companies by the U.S. Securities and Exchange Commission (SEC) saying they shall in turn improve transparency and accountability of the Government of Kenya to its citizens. The new rules, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Continue Reading »

East Africa: Pipeline Construction Starts January

Hoima — Construction of the Uganda-Tanzania crude oil export pipeline is planned to start in January next year, Uganda’s Energy minister Irene Muloni has said. Ms Muloni, who led a Ugandan team that held closed door discussions with the Tanzanian delegation in Hoima Town on Tuesday, told the media that the two countries had agreed to fast-track the project which Continue Reading »

Tanzania’s Kiliwani North well reaches 30 mmcf per day during commissioning

Aminex has announced that over the weekend, gas production from the Kiliwani North-1 well in Tanzania reached 30 mmcf per day (approximately 5,000 barrels of oil equivalent per day) with stable pressure recordings at that rate. Aminex adds that the commissioning process is expected to be concluded with the testing of the well to determine optimal rates which the Company Continue Reading »

Hon Charles Keter to Address East Africa Oil & Gas Summit

28 June, 2016 – Hon Charles Keter, Cabinet Secretary of the Ministry of Energy & Petroleum in Kenya is set to present a keynote address at the opening ceremony of the East Africa Oil & Gas Summit (EAOGS), the largest exhibition and conference dedicated to expanding the region’s exploration success.   Joined on stage by Hajatiana Rasolomanana, Director General of Continue Reading »

Mozambique Gives Greenlight For Tembo-1 Gas Discovery Appraisal

Wentworth Resources has reported that the Ministerio dos Reuros Minerais e Energia (Minister of Minerals & Energy) in Mozambique has granted an Appraisal Plan for the Tembo-1 gas discovery in the Onshore Rovuma Concession exploration license. Under the two-year appraisal period, Wentworth becomes the Operator of the Rovuma Onshore Concession (“Concession”) and increases its participation interest in the Concession from Continue Reading »

Kenya Government ‘Cautiously Optimistic’ Of Commencing Oil Exports in 2017

The Government of Kenya  has said it remains cautiously optimistic of exporting crude oil from the lokichar basin by June 2017 having overcome the various challenges that remain including requisite infrastructure, storage and a new jetty according to chair Presidential Delivery unit head and deputy chief of staff in the office of the president Nzioka Waita. According to Waita the Continue Reading »

Tullow Oil encounters good oil shows at Cheptuket-1 well

Tullow Oil plc announces that the Cheptuket-1 well in Block 12A, Northern Kenya, has encountered good oil shows, seen in cuttings and rotary sidewall cores, across an interval of over 700 metres. Cheptuket-1 is the first well to test the Kerio Valley Basin and was drilled by the PR Marriott Rig-46 to a final depth of 3,083 metres. The objective Continue Reading »

Kenya to introduce crude oil into the market by next year

Kenya plans to sell crude oil in nine months’ time despite expert advice that the earliest the Turkana oilfields can be commercially exploited is 2020 reads TheEastAfrican. A Kenyan State House-based team has been given until January 2016 to work on the logistics of the evacuation that would see crude moved by trucks from Lokichar to Kitale, from where it Continue Reading »

4th EAOGS TO BE AT THE FOREFRONT OF DISCUSSIONS AROUND HOW TO EXPAND REGIONS EXPLORATION SUCCESS

The 4th East African Oil and Gas Summit (EAOGS) takes place at the KICC in Nairobi from the 15 – 17 November 2016, following on from the success of last year’s event which saw over 2,300 participants from 380 companies gain invaluable insight into the projects and latest opportunities in the region. Further to Tullow Oil and partner Africa Oil Corp’s Continue Reading »

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