Kenya hits oil

Thursday, March 29, 2012

This week, Kenyan officials reported that oil had been found in the country for the first time. Tullow Oil Plc came across the find in the North Kenya and is now in the process of discovering the commercial value and validity of the discovery.

President Mwai Kibaki stated: "This is the first time Kenya has made such a discovery and it is very good news…It is, however, the beginning of a long journey to make our country an oil producer, which typically takes in excess of three years."

Although establishing Kenya as a progressive oil provider to the world may be a tedious journey, the opportunities and oil and gas contract jobs it could open are undeniably bountiful.

Kenyan energy officials and Tullow Oil Plc have both adamantly expressed that the find is to benefit the Kenyan public. This may be in order to deter fears realised in other countries where oil has been found but not used to help the home economy.

Kenya's energy minister Kiraitu Murungi stated:'We will make sure that the oil in Kenya is a blessing for the people of Kenya and not a curse"

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