Africa Oil, Tullow Oil and Total Energies have submitted the draft oil field development plan (FDP) for their US$3.4 billion Kenyan development project to the Kenyan government.

The submission was made after the joint venture (JV) partner completed the redesign of the project. The Kenya Oil Project involves the development of oil discoveries in Blocks 10BB and 13T in Turkana County. The two companies have revised their previous plans and now aim to achieve a higher level of stable oil production, namely 120,000 barrels of oil per day (bopd). In the entire life cycle of the oil field, the total oil recovery rate is expected to be 585 million barrels of oil (mmbbl). In the early plans, the partners estimated that the higher oil production would be 72,000 barrels per day, and the recoverable oil would be 433 mm barrels.

Earlier, the capital expenditure of the project was estimated to be approximately US$2.9 billion. The first phase of the Kenya oil project will now include Ngamia, Ekales, Amosing and Twiga (NEAT) oil fields, with the goal of unlocking 390mmbo. The total capital expenditure for obtaining the first batch of oil from the Kenyan oil project consists of approximately US$2 billion in the upstream part and approximately US$1.4 billion in the pipeline part.

The African Oil Company stated that the partners plan to submit the final FDP before the end of 2021. The company stated that the submission time will be in line with the permit extension requirements provided by the Kenyan government in December 2020.

The Canadian oil and gas company and its partners will continue to work with the government on the acquisition of land and water resources and the necessary commercial agreements related to Kenya’s oil projects. In addition, they are waiting for the final approval of the environmental and social impact assessment (ESIA) by the regulatory agency. Africa Petroleum revealed that the partners are actively looking for strategic partners for the Kenyan oil project. The company said it intends to identify strategic partners before making a final investment decision (FID).

Keywords: new energy, international engineering news, foreign engineering project information

Keith Hill, President and CEO of African Petroleum, said: “Together with our joint venture partners, we have made significant progress in redesigning and optimizing Kenya’s oil projects. Compared with previous oilfield development plans, we have an economic advantage. A more robust project, I believe it will be more attractive to potential new partners." "We will continue to work with our joint venture partners and the Kenyan government to make the final investment decision. I am very happy that our interests are fully in line with A strategic project in Kenya."Editor/Baohongying