TotalEnergies And Africa Oil Withdraw From Kenyan Oil Project ...Middle East

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TotalEnergies And Africa Oil Withdraw From Kenyan Oil Project
source : OILPRICE ( Middle East ) () 45
French supermajor TotalEnergies and London-listed Africa Oil have decided to withdraw from an oil project in Kenya, leaving Tullow Oil the sole owner of the blocks and potentially further complicating Kenya’s oil dream. The two minority partners of Tullow Oil’s Kenyan subsidiary have informed Tullow of their intention to issue notices of withdrawal from Blocks 10BB, 13T, and 10BA in the South Lokichar Basin project due to “differing internal strategic reasons,” Tullow said in a statement on Tuesday. After the withdrawal…

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