African Business News

Erin Energy gets extension to explore offshore Kenya blocks

Erin Energy has obtained an 18-month extension of the initial exploration period (IEP) of its offshore Kenya blocks, L27 and L28

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Production begins from Erha North Phase 2 project

ExxonMobil subsidiary, Esso Exploration and Production Nigeria, has started oil production at the Erha North Phase 2 project offshore Nigeria

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BHARAT PETROLEUM EYES TULLOW OIL’S KENYA ACREAGE

India’s Bharat Petroleum Corporation (BPCL) is rumoured to be in talks with Tullow oil to acquire 10 percent stake in Blocks 10BB and 13T where the London explorer has discovered over 600 million barrels.

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Kenya to auction petroleum exploration licences in 2017

Kenya is planning to hold its first-ever auction of petroleum exploration licences in 2017

The National Oil Corporation of Kenya (NOCK) has invited bids from contractors to gather comprehensive data on several shallow blocks off Lamu to help attract exploration firms ahead of the anticipated auction of exploration rights.

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