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Companies invested or investing in oil
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heri
#1 Posted : Wednesday, July 31, 2013 2:39:37 PM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
Wazuans

I hope I do not sound too naïve but have been wondering how to invest wisely with respect to the oil

if I am not able to buy shares in Tullow and the other multinationals not quoted in the NSE, are there companies in NSE that are well prepared or have plans to fully benefit from the oil

I only read somewhere that transcentury acquired civicon engineering to take advantage of the servicing oil companies

ofcourse other sectors like banks etc will benefit but which companies/sectors are likely to grow most due to oil?
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Mastermind
#2 Posted : Wednesday, July 31, 2013 3:35:35 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
heri wrote:
Wazuans

I hope I do not sound too naïve but have been wondering how to invest wisely with respect to the oil

if I am not able to buy shares in Tullow and the other multinationals not quoted in the NSE, are there companies in NSE that are well prepared or have plans to fully benefit from the oil

I only read somewhere that transcentury acquired civicon engineering to take advantage of the servicing oil companies

ofcourse other sectors like banks etc will benefit but which companies/sectors are likely to grow most due to oil?





1. Insurance- Last time i checked Kenya Re was positioning itself to provide reinsurance cover in oil and Gas sector.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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guru267
#3 Posted : Wednesday, July 31, 2013 3:39:06 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Mastermind wrote:
heri wrote:
Wazuans

I hope I do not sound too naïve but have been wondering how to invest wisely with respect to the oil

if I am not able to buy shares in Tullow and the other multinationals not quoted in the NSE, are there companies in NSE that are well prepared or have plans to fully benefit from the oil

I only read somewhere that transcentury acquired civicon engineering to take advantage of the servicing oil companies

ofcourse other sectors like banks etc will benefit but which companies/sectors are likely to grow most due to oil?





1. Insurance- Last time i checked Kenya Re was positioning itself to provide reinsurance cover in oil and Gas sector.


Plus I expect GOK to pull a stunt and force oil players to insure a percentage of risks with local insurers... smile
Mark 12:29
Deuteronomy 4:16
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murchr
#4 Posted : Wednesday, July 31, 2013 5:39:56 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
guru267 wrote:
Mastermind wrote:
heri wrote:
Wazuans

I hope I do not sound too naïve but have been wondering how to invest wisely with respect to the oil

if I am not able to buy shares in Tullow and the other multinationals not quoted in the NSE, are there companies in NSE that are well prepared or have plans to fully benefit from the oil

I only read somewhere that transcentury acquired civicon engineering to take advantage of the servicing oil companies

ofcourse other sectors like banks etc will benefit but which companies/sectors are likely to grow most due to oil?





1. Insurance- Last time i checked Kenya Re was positioning itself to provide reinsurance cover in oil and Gas sector.


Plus I expect GOK to pull a stunt and force oil players to insure a percentage of risks with local insurers... smile


Guru..I see we're reading from the same script these days.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Much Know
#5 Posted : Wednesday, July 31, 2013 6:39:01 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
Buy into an Energy company, forget focusing on oil, invest in the best energy company you can find in Nairobi, hata kama ni ya solar ama biogas.
A New Kenya
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Liv
#6 Posted : Wednesday, July 31, 2013 8:15:51 PM
Rank: Veteran


Joined: 11/14/2006
Posts: 1,311
Much Know wrote:
Buy into an Energy company, forget focusing on oil, invest in the best energy company you can find in Nairobi, hata kama ni ya solar ama biogas.


Logic? Please explain
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Much Know
#7 Posted : Wednesday, July 31, 2013 8:19:36 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
Liv wrote:
Much Know wrote:
Buy into an Energy company, forget focusing on oil, invest in the best energy company you can find in Nairobi, hata kama ni ya solar ama biogas.


Logic? Please explain

If you are looking for the smartest guys in the energy sector, where will you look?
A New Kenya
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Cde Monomotapa
#8 Posted : Wednesday, July 31, 2013 9:54:58 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Tullow to Start Initial Oil Pumping in Kenya After Resource Gain (2014) http://mobile.bloomberg....after-resource-gain.html
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