Lake Turkana, Kenya
Tullow continues search for Kenyan project partner
The Anglo-Irish independent is looking for more buy-in to progress its Lokichar/Turkana development
Anglo-Irish independent Tullow Oil continues to seek a further partner to join its planned Lokichar/Turkana project in Kenya, while remaining focused on productive assets in Ghana. Tullow submitted a revised Turkana field development (FDP) plan last year and says that “constructive discussions with interested parties are progressing”, as the firm and its existing partners— French major TotalEnergies (25pc) and Canada’s Africa Oil Corp (25pc)—“look to secure a strategic partner for the project”. Tullow says the revised FDP is “conditional” on a number of developments, “including, but not limited to, the successful introduction of a new strategic partner”. Consultancy Welligence suggests the “
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
