A Chinese company is to start prospective drilling for oil in central Kenya before the end of October, the Daily Nation newspaper reports. The China National Offshore Oil Corporation (CNOOC) is to sink a five-kilometre exploration well at Boghal near Isiolo in Eastern province at a total cost of Ksh2 billion.
The Kenyan government has signed 18 oil production-sharing contracts in the last 18 months, of which the CNOOC deal is one. The project is part of efforts to revitalise the country
The Wanted Network
Latest news
Latest What's on
