Kenya and Uganda’s presidents and oil company executives will meet today Monday 21, 2016 for discussions on a route for a pipeline to transport the two countries’ oil, the Kenyan president’s confirmed. Resolving the pipeline route is crucial to helping oil companies involved in Uganda and Kenya to make final investment decisions on developing oil
Analysis: Will Kenya be a Rule-Maker or rule-taker in the ‘uncertain’ Crude oil Business?
By Hez Gikang’a The big economic and financial news of 2016 is the complete rout of crude oil benchmark prices after prices hit an all-time decade low of US$30 per barrel Tuesday January 12th; markedly different circumstances and a far cry from the exuberance exuded by the Kenyan government, markets, pundits & oil companies in
Export Pipeline needed to enable Commercialization of Uganda and Kenya Oil—Expert
With recoverable oil reserve estimates of approximately 750 MMbbl and 600 MMbbl in Uganda and Kenya, respectively, and with government share of the reserves expected to be about 30–50%, the potential impact on economic development in these countries could be great. However, new infrastructure, including an export pipeline, is required to enable commercialization of these
‘Maersk’ and ‘Africa Oil’ agree to Co-Own Onshore exploration Licenses in Kenya and Ethiopia
Danish Oil giant Maersk Oil has entered a farm-out agreement with Canadian based Africa Oil Corporation to acquire 50 percent stake in three of the latter’s onshore exploration licences in Kenya and a further two in Ethiopia. The exploration areas in question cover the Turkana region of northern Kenya and southern Ethiopia. According to a statement
Find details of ‘Kenya Oil and Gas Strategic Analysis and Outlook to 2025’ report
International business research firm, Market Research Store, the leading research and consulting service providers for the oil and gas industry, has provided details about Kenya oil and gas sector giving projections of the country’s budding industry in a recently published report. The report titled “Kenya Oil and Gas Strategic Analysis and Outlook to 2025″. provides