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Qatar Petroleum signs deal on three Kenyan offshore blocks

Offshore exploration blocks will be in Lamu Basin.

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by reuters

Lifestyle23 July 2019 - 16:46
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In Summary


• Offshore exploration blocks will be in Lamu Basin.

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Turkana oil equipment.

Qatar Petroleum has signed an agreement to enter three offshore exploration blocks in Lamu Basin, east of Kenya, the company said in a statement on Tuesday.

Following regulatory approvals by Kenya, the consortium will be comprised of Eni (the operator) with a 41.25% participating interest, Total with 33.75% and Qatar Petroleum with 25%, the statement said.