Tullow Oil facility at Ngamia 8 in Lokichar, Turkana County, on February 18, 2020. Tullow Oil plans to proceed cautiously with its investment in Kenya, as it continues with the search for a strategic partner and waits for the government to approve its development plan.
Tullow Oil plans to proceed cautiously with its investment in Kenya, as it continues with the search for a strategic partner and waits for the government to approve its development plan.
The company said yesterday it plans to invest about Sh1.2 billion ($10 million) in its oil development projects in Kenya this year, just 2.7 per cent of its planned investment of $370 million in four African countries.