Tullow Oil PLC and its joint venture partners have received extensions to Blocks 10BB and 13T exploration licenses in Kenya to the end of 2021, moving Project Oil Kenya towards a technical and commercially viable field development plan, the company said Dec. 7 (OGJ Online, Aug. 21, 2020). The extension follows the approval of the work program and 2021 budget by the Ministry of Mines and Petroleum.
The extensions allow the partners to reassess Project Oil Kenya and design an economic project at low oil prices while preserving the phased development concept, the company said in a Dec. 8 statement. In the coming months, the partners will work with the Kenyan government on land and water agreements, gaining approval of the environmental and social impact assessments, and finalizing the commercial framework for the project. Successful completion of the work will enable the submission of field development plans to the government.
