Middle East / Africa
Country summary: Kenya
energy-pedia opportunities - Kenya:
| Current deals: | 3 |
| Licensing articles: | 51 |
| Completed deals: | 48 |
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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.
Kenya - recent news
| 19 Feb 24 |
Kenya: Vestas divests its shares in Lake Turkana Wind Power Vestas has completed the sale of its 12,5 percent shares in Lake Turkana Wind Power (LTWP) in Kenya. The shares have been acquired by the Climate Finance Partnership (CFP), which is managed by BlackRock. With its 310 MW, the LTWP wind farm remains the largest in Africa to date. |
| 23 May 23 |
Uganda: Africa Oil announces the decision to withdraw from its Kenya project Africa Oil Corp has submitted withdrawal notices to its JV partners on Blocks 10BB, 13T and 10BA in Kenya, to unconditionally and irrevocably, withdraw from the entirety of the joint operating agreements and Production Sharing Contracts for these concessions. The carrying value of the Kenya intangible exploration assets was written down to $58.6 million at December 31, 2022, and the Company intends to further impair this value to zero. |
| 23 May 23 |
Kenya: Tullow Oil provides Kenya update Tullow Oil has been informed by its two minority partners of their intention to issue notices of withdrawal from Blocks 10BB, 13T and 10BA in the South Lokichar Basin for differing internal strategic reasons. As a result, Tullow's working interest in these blocks will increase from 50% to 100%. Tullow remains focused on securing a strategic partnership this year. |
| 11 Oct 22 |
Kenya: Eni starts exporting vegetable oil for biorefining from Kenya 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 logistic system that will support the value chain in the country, starting with a production of 2,500 tons by the end of 2022 to scale up rapidly to 20,000 tons in 2023. |
| 15 Sep 21 |
Kenya: Africa Oil provides update on its Kenya development project Africa Oil has provided an update on its Kenya development project, incorporating Blocks 10BB and 13T, including a higher plateau production rate and an independent resources evaluation. |
Kenya - more news
