Tullow Finds More Kenyan Oil to Boost East Africa Exports
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Tullow Oil Plc made two new discoveries in Kenya, boosting prospects for turning East Africa’s largest economy into an oil exporter.
The U.K. oil explorer doubled its Kenyan resource estimates to more than 600 million barrels after the Amosing and Ewoi wells found crude, Tullow said today in a statement. The company, which plans more than 20 wells in northern Kenya over the next two years, said it had started preliminary design work on a pipeline to an export terminal.