The 'desert museum', loyangalani, Lake Turkana
Project Oil Kenya delayed despite fresh agreement
The FID timetable has slipped due to environmental and social impact consultation hold ups
The Kenyan government reached agreement with Tullow Oil, Total and Africa Oil on 25 June over a planned development of oil discoveries in the north of the country known as Project Oil Kenya. But Anglo-Irish operator Tullow's announcement on the following day that it was postponing a final investment decision (FID) until 2020 underlines that there is still much to be done. The partners signed heads of terms (HoT) with the government covering the main key fiscal and commercial principles for the development of discoveries in blocks 10BB and 13T in the South Lokichar Basin, near Lake Turkana. The agreement provides "a framework and commercial certainty required to move ahead with negotiating th
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
