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Tullow Oil is "very close" to an agreement in Kenya that will see the resumption of trucking activities as part of its Early Petroleum Pilot Project (EOPS) after being closed by local protests shortly after its launch last month
. The Irish Independent said it would stay on track right here by the end of the year for the final decision to invest in the Lokichar Basin despite the fact that it 's not going to be the best. current stalemate, which stopped shipments at Mombasa port while Turkana community groups plead with the government.
EOPS started on June 3 but trucking operations were quickly stopped by protests, but not against Tullow herself or the planned development. Initially, Tullow aims to transport nearly 600 barrels a day of oil as part of the EOPS, which steadily increases up to 2000 bpd.
"What happened here is that the local community used the trucking operation as a lever. Tullow's general manager, Paul McDade, told Upstream that the company had unveiled earnings in the first half of the year on higher revenues and a sharp drop in writedowns
the kind of thing where we are comfortable enough to close trucking, "said McDade, with the goal of EOPS is to improve transport infrastructure in the region before a planned penalty.
"If the local community is comfortable and their security is better, then we are going to start spending billions of dollars for development, we are going to have a good run … we are cleaning up these problems well before we get going. to have development on the ground. "
McDade stated that the company is currently in dialogue with the community, the local government and the national government and that she is looking for a lasting solution, rather than a simple break in the stalemate.
"I think we'll be back soon The trucks are rolling again," he said, adding that the company's final investment decision "is still eagerly awaited for the end next year. "
The first phase will involve the fields of Amosing and Ngamia. expenditures in this phase reached $ 2.9 billion, of which $ 1.8 billion for upstream and $ 1.1 billion for the pipeline. The first oil is seen in 2022.
Meanwhile, in Uganda, Tullow and its Total Operating Partners and CNOOC Ltd are on the right track by the end of the year to sanction their long-awaited oil development
. the offers are pretty much made. "Total and CNOOC Ltd are learning who they will be awarded to," McDade said.
"The whole technical part of a final investment decision is really well advanced and they would be ready to award all these major contracts months." On the other hand, it does not has the latest paperwork with the Government of Uganda and, on the pipeline, with the Government of Tanzania for all of these agreements to be finalized
"This seems more likely with the paperwork that will probably take us through towards the end of the year; technically, we will probably be ready sooner. "
Meanwhile, Tullow decided not to appeal a decision of the UK High Court that lost a lawsuit against the owner of the Seadrill platform." West Leo
Tullow at the end of 2016 had qualified as force majeure on the contract because of a maritime border dispute between Ghana and Ivory Coast, which has since been resolved.
"We absolutely thought we had a case of force majeure Basically, we had a drilling moratorium enforced by the United Nations through the government – this seemed like a very strong case to call for force majeure given the contract we had and the clauses of the contract, "said McDade.
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