Market News

  • 7th Oil and Gas Kenya 2018- Africa's premier oil and gas exhibition

    Posted on :Thursday , 26th October 2017

     The East African region is emerging as one of the most prolific oil and gas exploration sites in the world.

    Thousands of global and local buyers and sellers will gather in Kenya to meet leading experts in the Oil and Gas sector at the 7th Oil and Gas Kenya 2018, which . . .

  • Zarara To Begin Lamu Offshore Drilling

    Posted on :Wednesday , 1st November 2017

     NEMA has given a British oil and gas firm the green light to start Sh16.4 billion drilling for commercial gas on Pate Island, Lamu county.

    The National Environmental Management Authority (NEMA) has cleared Zarara Oil and Gas Ltd to start drilling one of two wells believed to contain huge natural gas deposit on the archipelago.
    Mr. . .

  • Oil Discovery in Kajiado is God's Blessing Says Lenku

    Posted on :Friday , 13th October 2017

    An exploration process is set to begin in the village of Kajiado’s Inkokirding’a after the discovery of gas in the region last week.
    George Igunza, A Senior Geothermal Development Company geochemist made the announcement on Tuesday; he also revealed that a gas sample from the borehole at a farm in the Kipeto plateau had undergone analysis successfull. . .

  • Kenyan offshore patrol vessel handed over

    Posted on :Tuesday , 12th September 2017

     Bangladeshi shipbuilder Western Marine Shipyard (WMS) has handed over the offshore patrol vessel MV Doria for Kenya's Ministry of Fisheries, Livestock and Agriculture at its facilities in Bangladesh, and will sail it to Kenya at the end of this month.

    The handover ceremony on 13 August was attended by Bangladesh’s Finance Minister Abul Maal Muhith and Ma. . .

  • East Africa: Total Seeking Kampala-Dar Pipeline Route for Kenya Oil

    Posted on :Tuesday , 12th September 2017

     French oil giant Total, which is consolidating its position in the region's extractives sector through its full acquisition of Maersk Oil and Gas stake in Kenya's South Lokichar oilfields, plans to push for discussions that would see Kenya's oil transported through the Uganda-Tanzania pipeline.

    Such a decision, still at the wishful thinking stage, would have f. . .

  • Lobby raises red flag over Total’s role in oil plan

    Posted on :Tuesday , 12th September 2017

     Festering differences between the Energy ministry and French oil major Total could disrupt Kenya’s upstream oil industry even before it begins commercial production, an industry lobby has warned.

    The French firm last month acquired Maersk Oil’s global business, giving it a 25 per cent stake in the three blocks in Lokichar that are being readied to start oil production.. . .


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