Tullow delays final investment decisions for African oil deals
UK company awaits official approval in Kenya and Uganda before it can begin operations
26 June 2019 - 20:17
London — Britain’s Tullow Oil has delayed the final investment decision for its Kenya project to 2020 and has not yet sealed a tax deal in Uganda, which is needed for the progress of its plans there with Total, it said on Wednesday.
The company had aimed to give the final go-ahead by the end of 2019 for its onshore Kenyan oilfields, which are expected to produce up to 100,000 barrels per day...
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