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Tullow assumes full ownership of Kenya oil project as partners withdraw

Tullow Oil has assumed full ownership of the Kenya oil project in Turkana following the withdrawal of joint venture partners.

Rift valleyTullow oilPetroleum regulatory authorityAfrica oil corpVenture partnershipField development planTurkana countyTotal energiesSouth lokichar basinJoint venture partnershipNet zero

Tullow faces further setback in Kenya as Total, Africa Oil quit

The company’s two partners in the country will “issue notices of withdrawal in the South Lokichar Basin for differing internal strategic reasons”

City ofUnited kingdomRift valleyAfrica oil corpTullow oil plcAfrica oilSouth lokichar basinEast african

Today s Oil and Gas Update

Market Update: 23 May 2023 Africa Oil Corp (TSX:AOI) & Tullow Oil PLC (LSE:TLW) - AOC withdraws from Kenya Southern Energy Corporation (CVE: SOU) -.

South africaCity ofUnited kingdomRift valleyUnited statesDavid mirzaiAbigail wayneRichard parlonsRob reesEnergy newsBrent oilCompany newsOil brentFinancial conduct authorityTullow oilMaersk oil

Tullow becomes sole owner of Kenyan oil project as TotalEnergies and Africa Oil divest

TotalEnergies and Africa Oil are withdrawing from their 25% stakes in the South Lokichar Basin oil joint venture with Tullow.

Rift valleyKeith hillAfrica oilIndian oilTullow oilSouth lokicharSouth lokichar basin

Another setback for Turkana oil project as key partners exit

British oil producer Tullow Oil said on Tuesday the two minority partners of its licences in the Turkana project have withdrawn from the oil blocks in the South Lokichar Basin.

United kingdomRift valleyCity ofTullow oilAfrica oil corpOil india ltdVenture partnershipOil kenyaKenya energyAfrica oilCanada africa oil corpSouth lokichar basinProject oil kenyaState owned indianTurkana countySouth lokichar

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