June 29th, 2008
Category
Exploration, General News, Mining, Oil & Gas, Oil Price, Trade & Market |
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The Chinese company exploring for oil in Isiolo District has intensified its search in two wells which have shown some promise
On April 11th 2008, China National Offshore Oil Company (CNOOC) held a handover ceremony of donation in Isiolo, Kenya, where CNOON oil operation working region is located. CNOOC donated desks and chairs as well as stationeries for two primary schools and promised to dig two water wells for the local communities with total value of US105,000 dollars. H. E. Mr. Zhang Ming, the Chinese Ambassador to Kenya, Mr. Song Ruilin, representative of CNOOC, Hon. Prof. Sam Ongeri, Minister for Education of Kenya, Mr. David M. Jakaiti, the Eastern Provincial Commissioner, and many other officials attended the ceremony.
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June 23rd, 2008
Category
Coal, Company, Exploration, Mining, Trade & Market |
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International companies have been asked to bid for a tender to extract coal in parts of Kitui and Mwingi districts.
The Ministry of Energy asked interested firms to bid for the last phase of the exploration in the Mui basin as part of efforts to determine the commercial viability of the reserves. This comes in the wake of rising global oil prices, which have in turn pushed up the cost of basic goods locally, including the price of fuel.
According to the tender notice published in the local dailies on Thursday, successful firms will be required to drill 20 more wells to ascertain the quality of the coal and recommend the best method for its extraction.
The companies are expected to start drilling in September. They will, among other things, carry out a detailed analysis of the coal seams and determine the quantities available.
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