×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

French firm Total SA commits to Lokichar-Lamu pipeline

President Uhuru Kenyatta (R) and Momar Nguer, a member of Total’s Executive Committee (PHOTO: Courtesy)

NAIROBI, KENYA: France’s Total SA will acquire shares in three Kenyan oil blocks from AP Moeller-Maersk.

A communication from State House said the government has consented to the proposed acquisition of the issued and to-be-issued share capital of Maersk Oil Exploration International (Mogas Kenya) in respect of Blocks 10BA, 10BB and 13T.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in