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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 »

 

Tullow encounters 102 metres of net oil pay in Kenya

Tullow Oil plc (Tullow) announces that the Etom-2 well in Block 13T, Northern Kenya, has encountered 102 metres of net oil pay in two columns. The objective of the well was to explore the Etom structure in an untested fault block identified by recent 3D seismic. Oil samples, sidewall cores and wire line logging all indicate the presence of high Continue Reading »

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Tullow encounters 102 metres of net oil pay in Kenya

Tullow Oil plc (Tullow) announces that the Etom-2 well in Block 13T, Northern Kenya, has encountered 102 metres of net oil pay in two columns. The objective of the well was to explore the Etom structure in an untested fault block identified by recent 3D seismic. Oil samples, sidewall cores and wire line logging all indicate the presence of high Continue Reading »

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