Africa Oil, Tullow get extension for Kenya project
Kenya’s small-scale crude exports via road trucking dubbed early-oil were suspended last year after severe weather damaged roads. Tullow later said the programme had come to an end. PHOTO | FILE | NMG
Africa Oil and its joint venture partner Tullow Oil have secured licence extensions from Kenya to continue exploration and production activities in South Lokichar until 2021.
The licence extensions mean the joint venture partners can now reassess the Project Oil Kenya and design an economic project at low oil prices while retaining the phased development concept. It will also allow Tullow, Total and Africa Oil, to reconsider plans for the development.
