in Turkana County. Tullow Oil plc, a global independent oil and gas exploration and production firm, will now fully acquire the project. The 100% equity takeover is now awaiting approval from the government.
The firm is engaging strategic partners who have expressed an interest in the project based on its economic viability, Tullow Kenya BV Managing Director Madhan Srinivasan has disclosed. An official statement from Tullow has indicated that the firm has been informed by its two minority partners of their intention to issue notices of withdrawal from blocks 10BB, 13T, and 10BA in the South Lokichar Basin for differing internal strategic reasons, reports
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