Hallo House.

There was talk of oil being drilled in Kenya. What are the prospects and whats the position so far. I’ve been trying to research on this and found some two sites that shed some light but I cant help wondering if there is more than is being let on ….. knowing how issues of this precious black gold are held with awe and a lot of international intelligence.

http://allafrica.com/stories/200612220110.html

http://www.globalinsight.com/SDA/SDADetail7703.htm

what about also the titinium project/any updates on that?

NGIMA,MURRYKE.
The oil drilling is going on in Lamu but we are being told that even if they get oil we shall have to wait for eight years for the real drilling to start.
On titanium ,there has been no much progress for some farmers had refused to take the compensation claiming its too little .The governmet have intervined and the farmer are now to take the offer.
Tiomin IS WAITING TO GET FUNDS NOW.

I thought the Tiomin investors were supposed to come with money, not bid and then start begging for operation costs. Which kind of investor begins without operating capital?

sajini,
the delayment have costed Tiomin dearly ,they had a financier but the delayment has pushed the amount upward to 11billion .

That Tiomin project has taken eons to roll due to that tassle btn locals and the company, i hope the oil one doesn't take that long.