Kenya’s first oil project advances as drilling rig arrives in MSA
In the first phase of the South Lokichar development project, Gulf Energy plans to produce 20,000 barrels per day before scaling to 50,000 barrels The post Kenya’s first oil project advances as drilling rig arrives in MSA appeared first on KBC Digital .
Kenya's ambition to become a significant oil producer in East Africa has taken a major stride forward with the arrival of a drilling rig for the country's first oil project. The integrated onshore drilling rig, named GW70, arrived at the Port of Mombasa after a voyage from Duqm Port in Oman. This marks a significant milestone in Kenya's quest to deliver its first crude oil before the end of 2026.
The rig, valued at over US$20 million and leased from Great Wall Drilling Company in the UAE, is currently being offloaded by the Kenya Ports Authority. Once transferred to Turkana County, it is scheduled to begin drilling on November 1st, kicking off the first phase of the US$6 billion crude oil production project. The project, known as South Lokichar, aims to produce 20,000 barrels of oil per day in the initial phase, with plans to scale up to 50,000 barrels per day in subsequent stages.
Gulf Energy E&P BV SEZ, the local firm leading the project, has contracted Baker Hughes for Integrated Well Services and SLB for Early Production Facility. The Government of Kenya anticipates substantial fiscal and economic benefits from the development, estimating potential lifetime earnings of over USD 2.9 billion depending on global oil prices and production volumes.
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