UK’s Tullow Oil hits oil in new Kenyan well

May 19, 2017 0

UK-based independent oil and gas explorer Tullow Oil said Wednesday it has encountered around 75 meters of net oil pay in two zones at the Emekuya-1 well, located in the Block 13T of northern Kenya, Kallanish Energy reports.

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Kuwait Energy seeks London Stock Exchange admission

May 4, 2017 0

Kuwait Energy, an oil and gas explorer, revealed on Wednesday its plans to be admitted to the London Stock Exchange (LSE) in June, in a move aimed at becoming the leading independent oil and gas company in the Middle East and North Africa region, Kallanish Energy reports.

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XOM to pay Eni $2.8B for Mozambican gas stake

March 14, 2017 1

Oil supermajors Eni and Exxon Mobil announced last week a $2.8 billion deal in which the U.S. oil company will purchase a 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique, Kallanish Energy learns.

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