Tullow Overseas Holdings BV, a wholly owned subsidiary of Tullow Oil plc, has signed a heads-of-agreement with Gulf Energy Ltd to sell Tullow Kenya BV, which holds Tullow’s entire working interests in Kenya, for a total consideration of at least $120 million. The consideration will be split into a $40 million payment due on completion, […]

Tullow Oil has made a recent provisional update on its operations in Kenya oilfield development project incorporating Blocks 10BB and 13T. Before the exit and divestment of interest, Africa Oil and its JV Partners ( Tullow Oil and Total Energies) have completed the redesign of the Project Oil Kenya to ensure it is technically, commercially and environmentally robust. […]

Kenya has indicated plan to construct the country’s first geothermal plant that will be situated in Menengai axis of the country. The power contract was awarded to Globeleq, the leading independent power company in Africa along with its project partner, Geothermal Development Company (GDC). The company has recently Hosted His Excellency Hon. Rigathi Gachagua, Deputy […]

Africa Oil Corp. has announced that it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T and 10BA in Kenya, to unconditionally and irrevocably, withdraw from the entirety of the joint operating agreements (JOAs) and Production Sharing Contracts (PSCs) for these concessions. The Company has concurrently submitted notices to Ministry of Energy and […]

The first cargo of vegetable oil for Biorefining produced by Eni in Kenya has left the port of Mombasa, on its way to Gela’s biorefinery. This marks the start of the transport and logistics system that will support the value chain in the country, starting with a production of 2,500 tons by the end of […]

The Nairobi County Government has announced that it will issue a $1.2 billion green bond. The proceeds will be used to finance environmentally friendly infrastructure. With a population of 4.9 million, the city of Nairobi is not spared from the drought that is undermining people’s livelihoods in Kenya. Against this backdrop, the county government is […]

The Malindi solar power plant is entering commercial operation in Kenya. The facility located in Kilifi County was financed and built by independent power producer (IPP) Globeleq in partnership with Africa Energy Development Corporation (AEDC) Afrik media repors. A new solar photovoltaic plant is coming online in Kenya. The facility, which is connected to the […]

Africa Oil Corp. has made a recent provisional update on its operations in Kenya oilfield development project incorporating Blocks 10BB and 13T. Over the past year, Africa Oil and its JV Partners (Tullow Oil and Total Energies) have completed the redesign of the Project Oil Kenya to ensure it is technically, commercially and environmentally robust. A higher oil […]

Petroleum and Mining CS John Munyes has announced that the land acquisition process for Kenya’s Lokichar-Lamu 824-km pipeline project is expected to be completed in December. Six counties have been identified for this process. These are: Lamu, Meru, Isiolo, Garissa, Samburu and Turkana, John Munyes has said through the Lapsset and the National Land Commission, […]

ION Geophysical Corporation has announced that the Company was awarded an exclusive agreement for 3D multi-client programs offshore Kenya. The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya. Offshore Kenya is an attractive area with a proven petroleum system; however, it has remained underexplored, in part due […]