No deal in sight on strategic Turkana oil investor search

tullow oil exploration turkana county lokichar basin

Business Daily | by Brian Ngugi

Canadian oil company Africa Oil has revealed that it is yet to reach a deal with interested investors in the Turkana Oil project, even as the clock to the final investment decision ticks.

Its other partners, British oil exploration firm Tullow Oil and Total have also from the beginning of last year stepped up a search for a strategic partner to help implement a development plan for oil production in Turkana County…

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