Kenyan President Uhuru Kenyatta hosts his Ugandan counterpart Yoweri Museveni in the capital, Nairobi, on Monday for talks on a proposed pipeline to ferry crude from oilfields being developed by Continue Reading
Construction of the Tanzania-Uganda crude oil pipeline begins in August and will be complete in two years, even as Kenya negotiates to have the pipeline go north through Lamu. The Continue Reading
Kenyan government officials are set to hold a meeting with their Ugandan counterparts to resolve outstanding issues with the hope of influencing the proposed crude oil pipeline route infavour of Continue Reading
Tullow Oil Plc gained after a successful well increased the potential size of oil resources the Africa-focused explorer has discovered in Kenya. The Etom-2 well in northern Kenya encountered 102 Continue Reading
Tullow Oil said it found no commercial prospects in frontier basin in northern Kenya despite earlier optimism and results. Photo courtesy of Tullow Oil LONDON, Nov. 17 (UPI) — Despite earlier optimism about the reserve potential in frontier African oil and gas basins, Tullow Oil said it came up empty handed in its efforts in Kenya. Tullow, which has headquarters in London, said it didn’t find any hydrocarbons worth exploring further at a frontier, or wildcat, well in northern Kenya. "While this wildcat well did not find commercial hydrocarbons, it provides valuable data as we assess the wider prospectivity of this basin," Angus McCoss, the company’s exploration director, said in a statement. Tullow is placing bets on emerging basins in Africa, notably offshore developments in Ghana. Like its peers, the company said it’s been a "difficult year" for energy companies working through a period of historically low oil prices. […]
Nairobi — Kenya has shrugged off fears over a decision by neighbouring Uganda to consider building a crude oil pipeline through Tanzania. Kenya brushed aside concerns that Uganda’s plan, if it proves cheaper than the alternatives, would scuttle its infrastructural plans for its own oil pipeline. Acting Transport Cabinet Secretary James Macharia told the Nation on Wednesday that while Kenya is "keenly keeping a close watch on the unfolding events in Uganda", it would go ahead with its own infrastructural plans "undeterred". "We are going according to our own plans. Nothing has changed," said Mr Macharia in Nairobi. Last month, it emerged that Kenya’s prospects of a crude oil pipeline through Hoima-Lokichar-Lamu could be crushed after Uganda signed an agreement with Tanzania to explore the Tanga route. Uganda, Tanzania, the Tanzania Petroleum Development Corporation and Total E&P Uganda signed a memorandum of understanding (MoU) outlining new pipeline arrangements. The […]
Fidgety oil companies and investors heaved a sigh of relief in August when Kenya and Uganda announced they had picked a route for the world’s longest heated pipeline. Finally, there was a plan for getting the estimated 1 billion barrels in Kenya’s remote northwest out of the country. The proposed route cut from northern Uganda’s Albertine region, into Kenya, through the Lokichar Basin, and then southeast before terminating in Kenya’s coastal Lamu County. It would have allowed Kenya to share the cost of piping oil with Uganda, which has 6.5 billion barrels of its own oil that it wants to get to market. But this week Uganda turned around and announced it had instead signed an agreement with Tanzania and Total (which is exploring in Uganda) to consider a pipeline for Ugandan oil through Tanzania, bypassing Kenya altogether. Proposed oil pipelines in East Africa Proposed oil pipelines in East […]
Kenya started talks with neighboring Uganda on the financing and construction of an oil pipeline that will link the two countries and ferry crude produced by companies including Tullow Oil Plc, the Kenyan Energy Ministry said. Discussions that also looked at project time frames and involved officials from both East African countries began this week, Joseph Njoroge, the ministry’s principal secretary, said in a phone interview from Nairobi, Kenya’s capital, on Wednesday. The negotiations follow an announcement by Kenyan President Uhuru Kenyatta on Aug. 10 that the route for the conduit had been agreed after months of debate. “We have started working out the details together with the Ugandans,” Njoroge said. “We will also engage as many stakeholders as we can. We want this project to take off immediately.” Tullow has found oil in both countries, with Uganda estimating finds at 6.5 billion barrels and Kenya at 600 million […]
Kenya and neighboring Uganda agreed on the route of a planned oil pipeline, ending months of debate on the link that will export crude from companies including Tullow Oil Plc. The pipeline will pass through the Lokichar basin in northern Kenya, Manoah Esipisu, spokesman for Kenyan President Uhuru Kenyatta, said Monday by phone from the Ugandan capital, Kampala. The countries had also discussed building the link through southern Kenya and the capital, Nairobi. The agreed design will be the cheapest to develop, according to an e-mailed statement from the Ugandan presidency. Tullow has found oil in both countries, with Uganda estimating finds at 6.5 billion barrels and Kenya at 600 million barrels . The planned $4.5 billion pipeline to the Indian Ocean will allow the U.K. company to start exports from joint ventures with Africa Oil Corp. and Total SA. China’s Cnooc Ltd. is also a partner in Uganda. […]
Photo Virunga National Park, the oldest in Africa, has been the center of an intense conflict between the forces of economic development and environmental conservation. Credit Uriel Sinai for The New York Times NAIROBI, Kenya — When a British oil company began prospecting for oil in Africa’s oldest national park , drawing worldwide concern and inspiring an Oscar-nominated documentary last year, the company was adamant in denying any wrongdoing. Though soldiers in the Democratic Republic of Congo may have engaged in a campaign of intimidation and coercion against nearby residents who are opposed to drilling in the park, the company said it could not be held responsible for their actions. “We can’t tell the army to go and kiss off,” Roger Cagle, the deputy chief executive director of the oil company, SOCO International, told The Telegraph newspaper in Britain. He said that the soldiers had been assigned by the […]
