OIL & GAS AFRICA 2017
After a successful Oil & Gas Exhibition in 2016, Expogroup is all set for the 6th OIL & GAS AFRICA 2017 Exhibition which will be held from 11th – 13th April in Nairobi at the KICC and 16th – 18th August in Dar-es-Salaam at MCC. The Exhibitions are an annual platform for national and international experts in the Oil & Gas industry to exchange views and share knowledge, expertise and experiences.
The events also aim to explore areas of growth in petroleum technology, exploration, drilling,
Washington To Help Kenya Raise $18 Billion For Oil Pipeline
The U.S. government says it will help Kenya get the financing it needs to build an $18 billion pipeline from the oil fields in the country's northwest to its southeastern Indian Ocean coast to help it become a net exporter of oil.
The pipeline would stretch nearly 500 miles from Lokichar in Kenya's Great Rift Valley to the coastal town of Lamu, and would be an almost impossibly expensive project for the East African nation. Yet there is enough oil there to make the plan worthwhile. The pan-African financial institution Ecobank Transnational Inc. says it has proven reserves of about 1 billion barrels of crude oil.
Kenya and Ethiopia agree to construct joint crude oil pipeline
Kenya and Ethiopia have agreed on a deal that will see them construct a joint crude oil pipeline linking the two countries, this is after Uganda chose to export her oil through Tanzania’s Tanga port. The oil pipeline will run from Kenya’s coastal town of Lamu to Ethiopia’s capital city, Addis Ababa.
The deal was signed following billateral talks between President Uhuru Kenyatta Ethiopia’s Prime Minister Hailemariam Desalegn during his three day state visit to Nairobi. The deal is part of a joint infrastructure project to incorporate the region under the Lamu Port- Southern Sudan -Ethiopia Transport corridor (Lapsset).
Akiira project plans drilling start for two additional wells for June 2016
Reported today from Kenya, Akiira Geothermal Ltd, a consortium developing a geothermal power project in Naivasha, Kenya, is planning to invest an additional Sh1.4 billion ($14 million) for the drilling of two additional wells for its 70 MW project.
Drilling of two more wells will start in June in Akiira Valley in Naivasha, The project last month received a Sh138 million grant from the African Union Commission.
Exploration drilling of the first well will start early June to be possibly followed by a second one at a total cost of $14 million (Sh1.4 billion), said Robert Bunyi, the outgoing chief executive of Akiira.
