Entries by Hussein Boffu

Tullow Comes Up Dry with Kenya Well

Africa-focused independent explorer Tullow Oil reported Tuesday that the Emesek-1 exploration well in the North Lokichar basin, northern Kenya, has failed to find commercial hydrocarbons. The Emesek-1 well, located on Block 13T, was drilled to a depth of 9,840 feet by the PR Marriott 46 rig. The well will now be plugged and abandoned. Following […]

WB urges Uganda to guard against volatile oil prices

The World Bank has asked governments of Uganda, Kenya and Tanzania to develop insurance measures to guard against fluctuating oil prices as they prepare to begin production. Prices of oil and gas usually affect the cost of goods and services at both national and international markets. Uganda has both oil and gas deposits, Kenya has […]

Managing Citizens Expectation On Tanzania Gas Sector

Even though Tanzania natural gas reserves were discovered in 1974, it was after thirty years later, in 2004, that production commenced. This reveals a situation in which the government was excited to improve its petroleum resources, but was unable to do so due to a weak bargaining position. Since 2010 several natural gases have been […]

Oil production set to promote Tanzania

Tanzania, with its oil seeps, seismic and other data shows strong hydrocarbon potential in its upstream oil industry sector. However, only 20 ‘wildcat’ exploration and eight development wells have been drilled so far in a 222,000 km2 area and therefore, the country could be classified as under-explored. Also Read:2-reason-why-east-African-oil-and-gas-industry-could-change-global-energy-market  It is therefore, telling that Dr […]