The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Tullow Oil said it had declared force majeure on its main licences in Kenya, currently working under an early production scheme ahead of a final investment decision, to discuss virus restrictions and tax changes with the government.
Tullow’s statement on Monday appeared to refer to tax changes announced by the Kenyan government last month over the economic impact of the coronavirus. It confirmed an earlier statement by its partner Africa Oil.
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