Two Indian State-owned oil firms are in talks to buy a stake in Tullow’s oil project in Turkana, days after two partners exited the project after a decade of waiting for the development to take off.
Oil India and ONGC Videsh, which is the overseas investment arm of the Oil and Natural Gas Corp of India are in talks to buy an undisclosed stake whose value remains unclear in the three oil blocks that are wholly owned by Tullow.
