Kenyans to Wait Longer for Yields From Turkana Oil Project
British oil explorer Tullow, has been given another 15 months for the exploration phase of the Turkana oil project. This will have an impact on production timelines and will extend the long-awaited final investment decision. Tullow was at loggerheads with the Kenyan government over its decision to sell its stake in the project but has since decided to cancel that plan. The further extension will impact the 2021 delivery date, which is now envisaged for 2025.
Tullow says it has more than 185,000 barrels of crude at the Mombasa refinery. It has said that the pilot programme allowed Kenya's oil to be marketed and established on world ... Read more »
The British firm has said it is transferring its assets for the Lake Albert Development project and the proposed East African Crude Oil Pipeline System to Total Uganda at U.S.$575 ... Read more »
Trucking reportedly remains on hold until all roads are repaired to a safe standard as Turkana County is among the regions most severely affected by recent floods, according to the ... Read more »
The British oil explorer maintains that it has given a considerable portion of its contracts to local firms with approximately 28% of all its goods and services procured this year ... Read more »
Four sticky issues have to be resolved between the county government and the British oil prospecting company that will lay the ground for the country to secure the Final Investment ... Read more »
Members of the community pose in Chok Chok in Kenya's Turkana county (file photo).