Kenya: Oil Services Firm Bets On Kenya Exploration Resilience

19 December 2014

Atlas Development & Support Services, which has listed at the NSE, says Kenya could record a spike in onshore oil exploration as firms shift strategies amid falling global prices.

Chief executive Carl Esprey told the Star that falling oil prices could see Kenya benefit in a way, as "companies tend to prioritise onshore exploration over the expensive offshore exploration" in such a volatile environment.

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