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Qatar Petroleum signs deal on three Kenyan offshore blocks

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Qatar Petroleum signs deal on three Kenyan offshore blocks

Wednesday, July 24, 2019 12:07

By REUTERS

A truck transports oil from Turkana County to Mombasa. FILE PHOTO | NMG 

Qatar Petroleum has signed an agreement to enter three offshore exploration blocks in Lamu Basin, east of Kenya, the company said in a statement on Tuesday.

Following regulatory approvals by Kenya, the consortium will be comprised of Eni (the operator) with a 41.25 percent participating interest, Total with 33.75 percent and Qatar Petroleum with 25 percent, the statement said.