With the talks about the shift to cleaner energy operations, some investors in oil and gas operations are cutting investments in Africa’s oil and gas developments.
Tullow Oil, in January this year, agreed to transfer 21.57 percent of its 33.33 percent interests in Lake Albert Development Project covering exploration areas 1, 1A, 2 and 3A to Total for a total consideration of USD 900 million 3.27 trillion Shillings.
