Qatar Petroleum, a State-owned company of the energy-rich Arab nation, has acquired a block of Kenya’s offshore oil and gas exploration fields, adding to a growing list of global corporations seeking to exploit huge fuel deposits believed to be underneath the Indian Ocean seabed.
In a statement Wednesday, the company said it has signed an agreement with French multinational oil and gas company Total and its Italian peer Eni to take over three offshore exploration blocks in the Lamu Basin.