Middle East / Africa
Country summary: Kenya
Current deals: | 3 |
Licensing articles: | 51 |
Completed deals: | 48 |
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Kenya - recent news
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. |
23 Jul 21 |
Kenya: Eni and the Nairobi office of the Italian Agency for Development Cooperation sign a Memorandum to develop joint initiatives in Kenya Eni and the Nairobi Office of the Italian Agency for Development Cooperation (AICS) have signed a Memorandum of Understanding to identify possible collaboration opportunities in the areas of agriculture and value-chain development, environment, health, vocational training and education, and access to energy/green energy and innovation. |
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