Please note: you are viewing an old version of this deal. The current version can be found here: Deal #6704
Deal #6704 Version #76640
Kenya
Created at
2019-01-28
Last update
2020-02-24
Last full update
2019-07-01
Land area
Comment on land area
size unclear- total exploration size is 4 829 400ha
Intention of investment
Intention of investment
- [current] Oil / Gas extraction
Nature of the deal
Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Negotiation status
Negotiation status
- [2019, current] Intended (Memorandum of understanding)
Comment on negotiation status
Still waiting to apply for Final Investment Decision (FID), estimated to be at the end of 2019. Tullow Oil pushed its target for making FID to 2020 after it emerged that, among other issues, the National Environmental Management Authority (Nema) had delayed its issuance of licences.
Africa Oil Corp. has announced that Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of the oil fields in the South Lokichar basin.
Implementation status
Implementation status
- [2019, current] Startup phase (no production)
Comment on implementation status
Running a pilot scheme to transport some 2,000 barrels per day by truck to the port city of Mombasa to test flow rates and other technical issues before the start of full production and exports.
Contract farming
Contract farming
No