{"id":4691,"date":"2016-05-16T19:35:07","date_gmt":"2016-05-16T19:35:07","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=4691"},"modified":"2017-01-25T08:24:45","modified_gmt":"2017-01-25T08:24:45","slug":"kenya-to-auction-17-new-oil-exploration-blocks-in-2017","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-to-auction-17-new-oil-exploration-blocks-in-2017\/","title":{"rendered":"Kenya to auction 17 new Oil Exploration Blocks in 2017"},"content":{"rendered":"

The Ministry of Energy and Petroleum has in a gazette notice said it has created an additional 17 new exploration blocks to the existing 46 blocks that had earlier been vacant in the country\u2019s first competitive round.<\/p>\n

\"Petroleum<\/a>The 17 new blocks have been carved out of the 46 blocks as well as relinquished acreage located in all the four sedimentary basins. The 63 blocks are divided into: 37 blocks located in the Lamu basin, 14 in the Tertiary Rift Basin, seven in the Anza basin and five in the Mandera basin. The exercice was carried out by the ministry in conjunction with the Survey of Kenya.<\/p>\n

The new gazette notice which provides locations including longitude, latitude, size and new maps annuls earlier boundaries existing in the previous notice that had 46 blocks.<\/p>\n

In the new gazette notice the cabinet secretary however used powers conferred by section 7(1) of the Petroleum (Exploration and Production) Act, 1986 even as the new Bill currently before the Senate continues to be reviewed.<\/p>\n

The new Production sharing contracts will however fall under the The Associated Model Production Sharing Contract(PSC) Bill<\/a> 2015 also before the Senate that has seen various amendments that tip the scale in favor of the Kenya Government over Oil Companies.<\/p>\n

\u201cKenya is looking at replacing the sharing proft of petroleum from one based on the daily rate of production (DROP) combined with windfall profit tax imposed when oil prices are higher, to one based on the measure of profitability (R-factor) is innovative and one needed,\u201d says Berryl Asiago an Energy lawyer an expert on International energy law.<\/p>\n

According to Oxfam<\/a> the 2015 Model Production Sharing Contract will see Kenya reap an additional $500 million over the next 25 years.<\/p>\n

\u201cThe inclusion of a paid income tax increases the government by roughly 10%. It could add billions of dollars to government coffers over the lifecycle of a project. The additional revenue however also constitutes a significant extra burden on the contractor,\u201d says the report.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ministry of Energy and Petroleum has in a gazette notice said it has created an additional 17 new exploration blocks to the existing 46 blocks that had earlier been … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3397,11],"tags":[166,4454,4458,4459,1252,1377,1494,1589,1827,1862,4457,3437,2085,4456,4461,4455,4460],"class_list":["post-4691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pscs","category-top-news","tag-anza-basin","tag-auction","tag-berryl-asiago","tag-daily-rate-of-production","tag-kenya","tag-lamu-basin","tag-mandera-basin","tag-ministry-of-energy-and-petroleum","tag-oil","tag-oil-exploration-blocks","tag-petroleum-act-1986","tag-petroleum-bill","tag-production-sharing-contract","tag-psc-bill","tag-r-factor","tag-tertiary-rift-basin","tag-windfall-profit-tax","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/Block-L6.png?fit=245%2C286&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1dF","jetpack-related-posts":[{"id":2922,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-oil-gas-upstream-sector-fact-file-shortened\/","url_meta":{"origin":4691,"position":0},"title":"Kenya Oil and Gas (upstream) sector fact file – shortened","author":"","date":"May 15, 2015","format":false,"excerpt":"Source: Ministry of Energy and Petroleum 1950-1992: \u00a030 wells drilled by international oil companies in Kenya\u2019s sedimentary basins. Two more wells drilled in the period stretching to 2010. None of them was a discovery. Basically 1992 to 2005 was a dormant period that saw zero wells drilled. 2012: Ngamia 1\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/human-rights.jpg?fit=668%2C444&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/human-rights.jpg?fit=668%2C444&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/human-rights.jpg?fit=668%2C444&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":536,"url":"https:\/\/www.oilnewskenya.com\/index.php\/international-companies-operating-in-kenya-and-the-blocks-awarded\/","url_meta":{"origin":4691,"position":1},"title":"International companies operating in Kenya and the oil blocks awarded","author":"Samuel Kamau Mbote","date":"February 18, 2014","format":false,"excerpt":"Source:Ministry of Energy and Petroleum Operator\/Contractor Block No. Basin Name Afren\/Lion 1 Mandera Afren\/EAX L17\/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A\/3B Anza Africa Oil 9 Anza Tullow Oil\/Africa Oil 10A Anza Tullow Oil\/Africa Oil 10BA\/10BB\/12A\/13T Tertiary Rift Tullow Oil\/Swala Energy 12B Tertiary Rift\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/blocks.jpg?fit=468%2C628&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4546,"url":"https:\/\/www.oilnewskenya.com\/index.php\/history-of-oil-exploration-in-kenya-1950-to-2010\/","url_meta":{"origin":4691,"position":2},"title":"History Of Oil Exploration In Kenya (1950 To 2010)","author":"","date":"April 5, 2016","format":false,"excerpt":"1950\u2019S - Oil exploration commenced 1960 to 1984 - 16 wells drilled mainly in the Lamu and Anza basins 1981- National Oil was incorporated in 1981 1984 GOK enacted new Petroleum (Exploration and Production) Act. 1986 Petroleum (E & P) Act revised. Royalties replaced by PSC\u2019s 1985 to 1992 -\u2026","rel":"","context":"In "PSCs"","block_context":{"text":"PSCs","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/pscs\/"},"img":{"alt_text":"Discovery wells kenya","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Discovery-wells-kenya.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Discovery-wells-kenya.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Discovery-wells-kenya.png?resize=525%2C300 1.5x"},"classes":[]},{"id":224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-gas-opportunities-in-kenya\/","url_meta":{"origin":4691,"position":3},"title":"Oil & Gas Exploration Opportunities in Kenya","author":"Samuel Kamau Mbote","date":"December 10, 2013","format":false,"excerpt":"Kenya\u2019s Petroleum potential is best depicted by the four large sized sedimentary basins that straddle the Country (sedimentary basins & exploration blocks map). These are Lamu, Anza, Mandera, and Tertiary Rift basins. The sedimentary basins are divided into exploration blocks as shown below.","rel":"","context":"In "PSCs"","block_context":{"text":"PSCs","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/pscs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6658,"url":"https:\/\/www.oilnewskenya.com\/index.php\/upstream-activity-shift-lamu-mandera-basins-2018\/","url_meta":{"origin":4691,"position":4},"title":"Upstream Activity to shift to Lamu, Mandera Basins in 2018","author":"","date":"January 5, 2018","format":false,"excerpt":"A majority of seismic and drilling activity in Kenya will concentrate in the Lamu and Mandera basins this year away from the traditional South Lokichar area according to the 2018 Kenya Upstream Outlook released in December 2017. According to the outlook drilling of two wells has been confirmed in these\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Kenya-Upstream-Outlook-banner.jpg?fit=300%2C250&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7403,"url":"https:\/\/www.oilnewskenya.com\/index.php\/new-kenya-upstream-outlook-shows-increased-activity-by-new-players-in-2019\/","url_meta":{"origin":4691,"position":5},"title":"New Kenya Upstream Outlook Shows Increased Activity By New Players in 2019","author":"","date":"January 2, 2019","format":false,"excerpt":"The just newly released Kenya Upstream Outlook for the year 2019 shows that most of the new seismic and drilling activity will be by new explorers with the Lamu basin just like in 2018 witnessing most of the drilling. According to a review on work programmes by the various licensed\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/01\/Kenya-Outlook-Cover-2019.jpg?fit=408%2C512&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=4691"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4691\/revisions"}],"predecessor-version":[{"id":4693,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/4691\/revisions\/4693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/4057"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=4691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=4691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=4691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}