Market News

  • Qatar Petroleum acquires interest in three offshore Kenya blocks in deal with Eni and Total

    Posted on :Wednesday , 24th July 2019

    Qatar Petroleum has acquired three offshore blocks (L11A, L11B and L12) in Kenya after closing a deal with Eni and Total the company has announced. The partners comprising the consortium will consist of affiliates of each of Eni (the operator) with a 41.25% participating interest, Total with a 33.75% participating interest, and Qatar Petroleum with a 25% participating interest. Prior to the agr. . .

  • Leaders from Energy, Solar, Oil & Gas industry to meet at KICC, Nairobi

    Posted on :Tuesday , 23rd July 2019

    POWER & ENERGY AFRICA is back with the latest edition from the 25th – 27th of July 2019 at the Kenyatta International Convention Centre, Nairobi in Kenya. Co-located with the 8th edition of this event is also the 6th SOLAR and the 8th OIL & GAS Kenya, catering to greater number of audience from a wide industry base that is relative to the energy sector. The much awaited event will. . .

  • Crude Oil Transportation Expected to Boost as EPF Inclines Production

    Posted on :Friday , 21st June 2019

    conveyance of crude oil from the South Lokichar basin by truck is expected to normalize following the permit of regulatory confirmation from Energy and Petroleum Regulatory Authority (EPRA) (Formerly Energy Regulatory Commission) allowing the Amosing momentary production facility to be fully operational.

     

    EPRA has granted the necessary licenses in early May allowing the co. . .

  • Kenyan Government turns focus toward ramping up oil and gas production

    Posted on :Thursday , 25th April 2019

    The opportunities lying in the oil and gas sector want to be utilized notes the Ministry of Petroleum and Mining, as Kenya looks to commercialize production of petroleum in 2021 with export already planned and scheduled for the year 2023. While only 10,000 square kilometers of its 85,000 square kilometers of oil and gas basin has been explored .i.e. only 12 %  found in the country has been. . .

  • GREASING THE WHEELS OF KENYAS NASCENT OIL AND GAS SECTOR

    Posted on :Thursday , 4th April 2019

    Discovery of oil and gas reserves provides significant opportunities of development for Kenya and other countries. Being conscious that production and exploration and production carry quite a few health and environmental risks,

    The Kenyan government is keen to put in the necessary safeguards. Being the largest greenhouse gas emitters the Oil and Gas industry are one of the largest emitt. . .

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