-
Kenya: Total, Africa Oil Quit Kenya Oil Project
Capital FM, 23 May 2023
Total and Africa Oil have quit Project Oil Kenya in Turkana County. Read more »
-
Kenya: Revival - Petrodollar Dream Set to Be a Game Changer
The Exchange, 1 October 2022
In light of the ongoing global fuel crisis due to the Russia-Ukraine war, that has disrupted the global supply chain, it's inevitable to broach the subject of Kenya's oil… Read more »
Total, Africa Oil Quit Kenya Oil Project
Total and Africa Oil have quit Project Oil Kenya in Turkana County. Tullow Oil plc, a global independent oil and gas exploration and production firm, will now fully acquire the project. The 100% equity takeover is now awaiting approval from the government.
The firm is engaging strategic partners who have expressed an interest in the project based on its economic viability, Tullow Kenya BV Managing Director Madhan Srinivasan has disclosed.
An official statement from Tullow has indicated that the firm has been informed by its two minority partners of their intention to issue notices of withdrawal from blocks 10BB, 13T, and 10BA in the South Lokichar Basin for differing internal strategic reasons, reports Kevin Rotich for Capital FM.
InFocus
-
British firm Tullow Oil, has reportedly announced that it is now shifting its focus and over 90% of its resources to West Africa, with company chief executive Rahul Dhir saying the ... Read more »
-
British firm, Tullow Oil, has presented a long overdue plan detailing how it will implement its programmes, following threats by the Kenyan government to revoke its operating ... Read more »
-
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 ... Read more »
