Petroleum Africa
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Sunday, July 29, 2018
Tullow Oil has stopped work at its Kenyan oilfields and halted trucking operations after protests by the local community disrupted a transport scheme, its chief executive said on Wednesday.
Protests and security problems have halted anearly oil pilot scheme which hadtrucks transporting around 600 bpd to a storage facility in Mombasa before a pipeline is built, planned to be operational by 2022.
Tullow is targeting production in Kenya of at least 100,000 boepd after first oil in 2021/22.
The company is considering reducing its stake in the project to around 30% from 50% before the final investment decision, a spokesman saidaccording to a Reuters report.
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