News Oil & Gas

Kistos expects ‘sub-commercial’ Benriach gas

Kistos Holdings plc expects “sub-commercial” gas from a discovery from the Benriach exploration well in the Greater Laggan Area, west of Shetland. VOLUMES Kistos holds a 25% non-operated working interest in licence P2411 with operator TotalEnergies (50%) and Rockrose Energy (25%). The Transocean Barents rig mobilised from Olen and spud the well on 21 March, reaching […]

News Oil & Gas

Tullow Oil to own 100% of onshore Kenya blocks in South Lokichar Basin

Tullow Oil plc will have full ownership of blocks 10BB, 13T and 10BA in the South Lokichar Basin after partners TotalEnergies and Africa Oil withdrew for “differing internal strategic reasons”. RESOURCES Tullow expects net project 2C contingent resources to increase from 231 mmboe to 461 mmboe, and the group’s total contingent resources from 605 mmboe to […]