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The Kenya Times on MSNTullow Oil Exits Kenya After Ksh15.5 Billion BuyoutTullow Oil plc has announced that it is exiting operations in Kenya, following the signing of a heads of terms agreement with Nairobi-based Gulf Energy Ltd. The deal, worth a minimum of $120 million ...
A hedge against geopolitical shocks, Kenya’s government-to-government oil deal has shielded the country from volatility but ...
Kenya expects to launch an oil and gas exploration round for 10 blocks in September, Opiyo Wandayi, the Energy and Petroleum Cabinet Secretary of the East African country, has said. “This ...
NAIROBI: Kenya has created an extra 17 new oil exploration blocks, bringing its total to 63 and aims to auction them in a licensing round in 2017, Kenyan newspapers quoted Ministry of Energy and ...
Speaking at the forum, Petroleum Principal Secretary Mohamed Liban said the State will provide incentives to investors in oil and gas exploration to help Kenya maximise benefits from the sector.
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The East African on MSNGulf Energy buys Tullow Oil’s Kenya assets for $120mlnTullow Oil has agreed to sell its assets in Kenya to Gulf Energy, a leading Kenyan energy and infrastructure group, for $120 million, the company announced Tuesday. Tullow’s entire working interests ...
Kenya had previously extended the oil supply deal to the end of 2024. Trade between Kenya and the UAE has more than doubled over the past decade. The UAE is the sixth-largest export market for ...
Kenyan activists on Monday called for a Swedish firm's plans to search for oil and natural gas in the northwest Lake Turkana basin to be delayed, because of concerns about health. A Swedish firm's ...
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the company took a USD145 million write-off of exploration costs, primarily for the assets in Kenya. At the time, Tullow also said it had agreed to sell all of its assets in Gabon to Gabon Oil Co ...
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