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Tullow and Africa Oil reach threshold in Kenya South Lokichar Basin

Tullow and Africa Oil prepare Lokichar Development The independent company Tullow Oil plc (Tullow) from UK and the Vancouver-based Africa Oil Corporation (Africa Oil) have accumulated sufficient reserves over the last two years to reach the threshold to develop the Blocks 10BB and 10A of the South Lokichar Basin in the north of Kenya in …

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CNOOC, Total and Tullow move on Uganda Kingfisher project

Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil Corporation (CNOOC) from China and the Uganda Government, the Kingfisher project is ready to take off. The Kingfisher project is to develop the previously called Block-3A …

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Ghana to vote on local content regulation before year end

Eni discoveries trigger debate on upstream localization In September 2012, the Italian national oil company Eni and its partners, Vitol from The Netherlands and the Ghana National Petroleum Company (GNPC), made the first oil discovery in the Offshore Cape Three Point (OCPT) block in the Tano Basin about 50 kilometers offshore Ghana. The exploration and …

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Morocco to boost offshore exploration and oil shale development

Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the momentum taken by Morocco in …

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