{"id":13697,"date":"2023-05-24T05:02:03","date_gmt":"2023-05-24T05:02:03","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=13697"},"modified":"2025-04-15T15:10:48","modified_gmt":"2025-04-15T15:10:48","slug":"kenya-africa-oil-totalenergies-exit-block-10bb-10ba-13t","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-africa-oil-totalenergies-exit-block-10bb-10ba-13t\/","title":{"rendered":"KENYA: Africa Oil, TotalEnergies Exit Block 10BB, 10BA &#038;13T"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Tullow Oil plc (Tullow) announces that Tullow Kenya B.V., as operator of its licences in Kenya, has been informed by its two minority partners of their intention to issue notices of withdrawal from Blocks 10BB, 13T and 10BA in the South Lokichar Basin (the &#8220;Project&#8221;) for differing internal strategic reasons. As a result, Tullow\u2019s working interest in these blocks will increase from 50% to 100%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Board considers that owning 100% of the Project creates more optionality, gives Tullow more flexibility in the ongoing process to secure strategic partners, creates a simpler Joint Venture Partnership and streamlines project delivery. This is a low-cost development project that has the potential to unlock material value for Kenya.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The prospective strategic partners have been informed. They remain engaged and detailed farm-out discussions continue with a number of companies. Whilst the process has taken longer than expected, Tullow remains focused on securing a strategic partnership this year.<br><br>Project progress continues and the updated <a href=\"https:\/\/www.oilnewskenya.com\/kenya-kenyans-could-wait-longer-for-first-oil-as-jv-partners-seek-an-extension-of-the-field-development-plan-review-period\/\">Field Development Plan<\/a> (FDP) was submitted to the Kenyan regulator, Energy and Petroleum Regulatory Authority (EPRA), in March 2023 and is now under review by EPRA. Tullow will continue to work collaboratively with Government of Kenya and EPRA to get the FDP approved.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following the withdrawal of the minority partners, Tullow\u2019s net Project 2C contingent resources are expected to increase from 231 mmboe to 461 mmboe, taking the Group\u2019s total contingent resources from 605 mmboe to 836 mmboe. Net capex guidance for 2023 in Kenya will increase from c.$10 million to c.$15 million, less than 5% of Group capex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tullow looks forward to continuing its work with the Government of Kenya and its host communities to make the region a significant energy producing province.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tullow Oil plc (Tullow) announces that Tullow Kenya B.V., as operator of its licences in Kenya, has been informed by its two minority partners of their intention to issue notices &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/kenya-africa-oil-totalenergies-exit-block-10bb-10ba-13t\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[70,259,266,7142,9601,1252,9339,2571],"class_list":["post-13697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-africa-oil","tag-block-10bb","tag-block-13t","tag-energy-and-petroleum-regulatory-authority","tag-fdp","tag-kenya","tag-totalenergies","tag-tullow-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Tullow-Oil-Kenya.png?fit=358%2C377&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3yV","jetpack-related-posts":[{"id":2043,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-africa-oil-receive-1-year-extension-in-block-10bb-13t\/","url_meta":{"origin":13697,"position":0},"title":"Tullow Oil, Africa Oil receive 1 year extension in block 10BB, 13T","author":"Samuel Kamau Mbote","date":"November 13, 2014","format":false,"excerpt":"The Kenyan government has approved extension of the exploration license in blocks 10BB and 13T by one year following delays in acquisition of 3D seismic. Following the approval exploration periods for block 10BB and 13T will expire in July 2017 and September 2017, respectively. This year the partners in both\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-10bb.jpg?fit=598%2C746&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-10bb.jpg?fit=598%2C746&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-10bb.jpg?fit=598%2C746&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12519,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-could-india-be-eyeing-blocks-10bb-13t\/","url_meta":{"origin":13697,"position":1},"title":"KENYA: Could India Be Eyeing Blocks 10BB &#038; 13T?","author":"","date":"July 29, 2022","format":false,"excerpt":"After weeks of speculation of an Indian company entering the Kenyan upstream sector scene accompanied by media reports of an Indian oil refiner eyeing the Lokichar basin a meeting between Kenya's Minister for Petroleum and Mining Dr. Ambassador Monica Juma Executive Director Indian Oil Corporation Hridesh Baindail and Executive Director\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Indian-Oil-Corporation.jpg?fit=680%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Indian-Oil-Corporation.jpg?fit=680%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Indian-Oil-Corporation.jpg?fit=680%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9512,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-tullow-oil-receives-licence-extension-for-blocks-10bb-13t\/","url_meta":{"origin":13697,"position":2},"title":"KENYA: Tullow Oil Receives Licence Extension for Blocks 10BB\/13T","author":"","date":"December 8, 2020","format":false,"excerpt":"Tullow Oil has announced that Tullow and its Joint Venture partners have received extensions to their exploration licences for Blocks 10BB and 13T in Kenya to the end of 2021. This follows the approval of the work programme and budget for next year by the Ministry of Mines and Petroleum.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Block-10BB-13T-pipeline.png?fit=406%2C360&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8938,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-kjv-lifts-notices-of-force-majeure-on-blocks-10bb-13t\/","url_meta":{"origin":13697,"position":3},"title":"KENYA: KJV Lifts Notices of Force Majeure on Blocks 10BB &#038; 13T","author":"","date":"August 21, 2020","format":false,"excerpt":"Kenya Joint Venture (KJV) partner Africa Oil Corp. has announced that the joint venture partners on Blocks 10BB and 13T in Kenya, have today submitted a letter to the Kenyan Ministry of Petroleum and Mining, to withdraw the notices of Force Majeure that were declared on\u00a0May 15, 2020. The lifting\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Tullow-Oil-Kenya.png?fit=358%2C377&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9080,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-tullow-oil-jv-receives-1-year-license-extension-on-blocks-10bb-and-13t\/","url_meta":{"origin":13697,"position":4},"title":"KENYA: Tullow Oil, JV Receives 1 Year License Extension on \u00a0Blocks 10BB and 13T","author":"","date":"September 9, 2020","format":false,"excerpt":"Blocks 10BB and 13T joint venture partner Africa Oil Corp. has announced that an extension has been granted by the Government of Kenya on\u00a0 the south Lokichar blocks. \u00a0Under the terms of the extension, the Joint Venture partners have the right to extend the second exploration period for the 10BB\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Block-10BB-13T-pipeline.png?fit=406%2C360&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4234,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-receives-kenyan-government-approval-of-maersk-oil-farm-in\/","url_meta":{"origin":13697,"position":5},"title":"Africa Oil Receives Kenyan Government Approval of Maersk Oil Farm In","author":"","date":"January 11, 2016","format":false,"excerpt":"Africa Oil Corp.\u00a0has reported that the previously announced farm-out with\u00a0Maersk Oli and Gas has received approval from the Government of Kenya. This gives a green light for completion of the farm-out of Blocks 10BB, 13T and 10BA.At completion of the Maersk farmout, the new respective interests in each of Africa\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/Africa-Oil-East-Africa-acreage.png?fit=399%2C498&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=13697"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13697\/revisions"}],"predecessor-version":[{"id":14877,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13697\/revisions\/14877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/13698"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=13697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=13697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=13697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}