Page 49 - Field Development Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taarifa Rwanda Published 2 days ago 1share British Firm Tullow Oil has until December to present to Kenya government a comprehensive plan for oil production in the Turkana region or risk losing concession on two exploration fields in the area. Tullow, which struck oil in the Lokichar basin of Turkana nine years ago, is yet to develop the field for commercial production amid growing frustrations for Kenya over delayed petroleum wealth benefits. The delay has been attributed to several factors, including unfavourable global oil prices, approval delays for land and water rights, a tax dispute ...

Kenya gives Tullow ultimatum over Turkana oil fields Summary Kenya has set a December deadline for British firm Tullow Oil to present a comprehensive investment plan for oil production in Turkana County. Tullow, which struck oil in the Lokichar basin of Turkana nine years ago, is yet to develop the field for commercial production amid growing frustrations for Kenya. Thursday April 01 2021 By BRIAN NGUGI Summary Kenya has set a December deadline for British firm Tullow Oil to present a comprehensive investment plan for oil production in Turkana County. Tullow, which struck oil in the Lokichar ...

RNS Number : 4890S 17 March 2021   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION . This Announcement does not constitute a prospectus or offering memorandum or an offer in respect of any securities and is not intended to provide the basis for any investment decision in respect of Jersey Oil & Gas plc or other evaluation of any securities of Jersey O...

Tullow oil PLC - 2020 FULL Year Results 10 March 2021 - Tullow Oil plc ("Tullow"), the independent oil and gas exploration and production group ("Group"), announces its Full Year Results for the year ended 31 December 2020. Details of a management presentation, webcast and conference call are available on the last page of this announcement or visit the Group's website www.tullowoil.com. Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: " After a year of significant change for Tullow, we are now executing a robust, cash generative business plan which i...

Tanzania: Aminex provides Ruvuma operations update 10 Mar 2021 Ruvuma PSA, onshore Tanzania. As announced previously, the Company has completed the Farm-Out agreement with ARA Petroleum Tanzania ('APT') which has assumed Operatorship of the Ruvuma PSA. Under the Farm-Out agreement, Aminex is carried for its share of the associated field development costs up to US$35 million, equivalent to gross development expenditure of US$140 million. The joint venture partners agree that the acquisition of a high-resolution 3D seismic survey is of primary importance for the preparation of the Field Deve...