Uganda expects to start pumping oil in 2022, later than a previous target for 2021, because of lack of infrastructure and disagreements over taxes and plans with operators.
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Kenya is aiming to export its first consignment of crude oil in a few months, after amassing 60 000 bbl in storage tanks in the coastal city of Mombasa.
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Tullow Oil is seeking partners in a bid to acquire a new oil block in Ghana which launched its first oil bidding round in October, the company’s managing director Kweku Awotwi said on Thursday.
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Tullow Oil, over the past five and a half months, has transported a total of 30,000 barrels of oil from Turkana to the port of Mombasa in Kenya. This equates to 600 bpd shipped in four trucks every other day under the Early Oil Pilot Scheme. However, Tullow had promised before the start of the extraction that the initial production quota would be 2,000 bpd.
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(Bloomberg) — Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that’s attracted renewed interest amid oil’s recovery.
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The government of Kenya and the local subsidiary of Tullow Oil have agreed to resume oilfield operations in the northern Kenyan county of Turkana, where Tullow Oil shuttered operations last month amid security concerns and protests by the locals.
Read MoreTullow Oil has announced its half year results for the six months ended 30 June 2018.
Read MoreTullow Oil has stopped all operations in its Kenyan oil fields, citing unaddressed security fears as local hostility mounts.
Read MoreA London judge ordered Tullow Oil to pay rig owner Seadrill around $254-million saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute, Tullow said on Tuesday.
Read MoreTullow Oil is interested in new oil blocks off Ghana’s coast as part of the British explorer’s plans to consolidate its operations in the West African nation, Chief Executive Paul McDade said on Thursday.
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