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Firm’s presence in exploratory field could tilt scale in the joint pipeline development

The TOTAL oil refinery is seen on January 10, 2007 in Leuna, Germany. (Photo by Katja Buchholz/Getty Images)

NAIROBI, KENYA: Total last week announced the acquisition of Maersk Oil, setting the stage for the French firm to get a footing in the Turkana oilfields nearing to start production.

While the oil major will assume a 25 per cent stake in the Turkana oil project, it could be in the coming years become a critical player in the project and Kenya’s upstream industry.

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