Tul­low Oil to restart ex­plo­ration in Kenya

The Star (Kenya) - - News Business -

REUTERS/ Tul­low Oil will restart ex­plo­ration and ap­praisal drilling at Kenya’s pro­lific South Lo­kichar field next month, where it saw an up­side po­ten­tial of more than one bil­lion bar­rels of re­cov­er­able oil, a se­nior of­fi­cial said yes­ter­day. “A re­cent 3-D sur­vey shows ad­di­tional up­side po­ten­tial,” Tul­low Oil Africa busi­ness vice pres­i­dent Tim O’Han­lon (pic­tured) told a con­fer­ence in Cape Town. The multi­na­tional com­pany, which has its main pro­duc­tion as­sets in Ghana, has ex­plo­ration acreage in Mau­ri­ta­nia, Namibia and Zam­bia. O’Han­lon said in Uganda, where it had 1.7 bil­lion bar­rels of oil to de­velop, Tul­low Oil was tar­get­ing an ex­port pipe­line ca­pa­ble of tak­ing 200-230,000bpd to Tanga port in Tan­za­nia. He said fron­tend engi­neer­ing and de­sign of the pipe­line will start next year and a fi­nal in­vest­ment de­ci­sion is ex­pected in 2018.

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