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A deal with local Kenyan authorities that would allow Tullow Oil to pump water to pressurise oil wells, crucial for a final green light for the country’s only oil project, may be slightly delayed to the third quarter, a Tullow executive said on Friday.
Tullow, with partners Total and Africa Oil, is working towards a final investment decision (FID) by year-end and said last week it had hoped to conclude the deal on water supply with the authorities in the second quarter.
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