Kenya’s oil and gas industry is in a state of transition, as its major oil and gas development — Blocks 10BB and 13T in Turkana — was put on hold, with Tullow Oil submitting a notice of force majeure to the Kenyan Ministry of Petroleum and Mining last week, citing complications from COVID-19. At the same time, however, neighbouring Uganda’s Lake Albert Project is at long last moving ahead, with Total announcing plans to acquire Tullow Oil’s stake in the project. The massive development in Uganda, which is set to include a pipeline and refinery, could easily have an impact on regional oil and gas developments and opportunities. How can Kenya’s domestic companies in the industry re-strategize to capture the expected opportunities in the Albertine Development Project? What are the opportunities for Kenya’s oil and gas industry in the near-term? Given the delay of the Turkana project, what are the strategies for Kenya’s domestic companies to make it through the downturn? What are the impacts, in both the short-term and long-term, for countries hit particularly hard by COVID-19 in the region?
Speakers:
Hon. Dr. Elly Karuhanga, Chairman, The Uganda Chamber of Mines & Petroleum & Chairman, Private Sector Foundation Uganda
Doris Mwirigi, Chief Operating Officer, Energy Solutions Africa
Toks Azeez, Sales and Commercial Director for Sub Saharan Africa, Baker Hughes
Mwendia Nyaga, Chief Finance Officer, Oilfield Movers
Brian Muriuki, Managing Director & Country Chair, Royal Dutch Shell Ghana
Moderators:
Elizabeth Rogo, President for East Africa, African Energy Chamber
Caty Hirst, Director of Programming, Africa Oil & Power