View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
March 22, 2010

Tullow Goes For East Africa Expansion

UK-based explorer Tullow Oil said it is keen to expand exploration across East Africa, a senior company official said. The firm was the first to strike oil in Uganda in early 2006 and is in the process of acquiring Heritage Oil's 50% equity in jointly owned exploration blocks 1 and

By cms admin

UK-based explorer Tullow Oil said it is keen to expand exploration across East Africa, a senior company official said.

The firm was the first to strike oil in Uganda in early 2006 and is in the process of acquiring Heritage Oil’s 50% equity in jointly owned exploration blocks 1 and 3A.

“I can’t be specific, but what I can confirm is that we’re currently looking at a range of opportunities in East Africa,” Brian Glover, Tullow Oil Uganda country manager, told Reuters.

He said he could not confirm African reports about the company’s forays into Kenya. Regional paper The East African reported that Tullow was involved in a turf battle with a Canadian company Centric Energy over a Kenyan exploration block.

Foreign interest in East Africa’s hydrocarbon potential has surged since Uganda struck commercial deposits.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology