{"id":6399,"date":"2017-10-12T07:54:16","date_gmt":"2017-10-12T07:54:16","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6399"},"modified":"2017-10-12T07:54:16","modified_gmt":"2017-10-12T07:54:16","slug":"seychelles-announces-applications-2-blocks","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/seychelles-announces-applications-2-blocks\/","title":{"rendered":"Seychelles Announces Applications for 2 Blocks"},"content":{"rendered":"<p>PetroSeychelles has announced that it has received applications for Area A and Area B and is now inviting other interested parties wishing to submit competing applications for the two areas to do so within ninety (90) days.<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6400 alignleft\" src=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles-300x204.jpg?resize=300%2C204&#038;ssl=1\" alt=\"\" width=\"300\" height=\"204\" srcset=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?resize=300%2C204&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?resize=600%2C409&amp;ssl=1 600w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?resize=100%2C68&amp;ssl=1 100w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?resize=480%2C327&amp;ssl=1 480w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Area-A-and-Area-B-Seychelles.jpg?w=668&amp;ssl=1 668w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Area A and Area B were formerly Afren under the\u00a0East African Exploration (Seychelles) Limited (EAX) and\u00a0Vanoil Energy Ltd under its wholly owned subsidiary, Avana Petroleum Limited.<\/p>\n<p>Areas A and B comprise 14,319 km2\u00a0in total and are located on the Seychelles micro-continent in shallow to deep water in the northern half of the Seychelles plateau in a region.<\/p>\n<p>The applications follow the new blocks licensing system in operation in the Seychelles termed as \u201cOpen File\u201d system under which companies may submit proposals for open areas on a first come first served basis. Upon receipt of a proposal PetroSeychelles and its partners in Government undertakes due diligence to verify that the company is technically and financially competent to undertake the work program proposed. This is then followed by publication of the intent to allow other interested companies to submit competing proposals, for the same area, within a 90 day period. All proposals received will then be evaluated and the selected company will be invited to negotiate a Petroleum Agreement.<\/p>\n<p>Should other companies bid the winners will join the Japan Oil Gas and Metals National Corporation, <a href=\"http:\/\/bit.ly\/2gyYWSM\">JOGMEC<\/a> the only party that holds an exploration license in Seychelles after the other explorer UK listed company Afren collapsed.<\/p>\n<p>Other exploration companies that have been in the country include Amoco which drilled three wells: Reith Bank-1, Seagull Shoals-1 and Owen Bank A1\u00a0all of which encountered oil and gas shows\u00a0 in the area as well as Enterprise Oil Plc, <a href=\"http:\/\/bit.ly\/2gd70eX\">Vanoil Energy<\/a> and <a href=\"http:\/\/bit.ly\/2kJvIVN\">WHL Energy<\/a> which took over US based company Petroquest International.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PetroSeychelles has announced that it has received applications for Area A and Area B and is now inviting other interested parties wishing to submit competing applications for the two areas &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/seychelles-announces-applications-2-blocks\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1711,"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":[11],"tags":[59,4274,6476,6477,208,6481,4133,4132,6480,3929,2027,6478,6479,2288,2668,2734],"class_list":["post-6399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-afren","tag-amoco","tag-area-a","tag-area-b","tag-avana-petroleum","tag-enterprise-oil-plc","tag-japan-oil-gas-and-metals-national-corporation","tag-jogmec","tag-owen-bank-a1","tag-petroquest-international","tag-petroseychelles","tag-reith-bank-1","tag-seagull-shoals-1","tag-seychelles","tag-vanoil","tag-whl-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/area-and-b-seychelles.png?fit=308%2C256&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1Fd","jetpack-related-posts":[{"id":1710,"url":"https:\/\/www.oilnewskenya.com\/index.php\/avana-petroleum-limited-receives-a-default-notice-in-seychelles\/","url_meta":{"origin":6399,"position":0},"title":"Avana Petroleum Limited receives a default notice in Seychelles","author":"Samuel Kamau Mbote","date":"September 2, 2014","format":false,"excerpt":"Vanoil Energy Ltd announces that its wholly owned subsidiary, Avana Petroleum Limited, has received a default notice under the joint operating agreement in respect of Seychelles Areas A and B, due to non-payment of its share of joint account expenses in the amount of USD $732,755 plus interest. In a\u2026","rel":"","context":"In &quot;Top News&quot;","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\/09\/area-and-b-seychelles.png?fit=308%2C256&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":432,"url":"https:\/\/www.oilnewskenya.com\/index.php\/vanoil-provides-update-on-license-renewals-in-kenya\/","url_meta":{"origin":6399,"position":1},"title":"Vanoil Provides Update on License Renewals in Kenya","author":"Samuel Kamau Mbote","date":"February 4, 2014","format":false,"excerpt":"\"Vanoil Energy \u00a0a Vancouver-based Canadian international oil and gas development company has confirmed ongoing discussions with the Kenyan Government with regard to its license renewals in Kenya.These talks are now at a key stage and the Company expects them to conclude imminently. At such time, Vanoil will provide an immediate\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":395,"url":"https:\/\/www.oilnewskenya.com\/index.php\/vanoil-announces-settlement-accord-with-the-government-of-rwanda\/","url_meta":{"origin":6399,"position":2},"title":"Vanoil Announces Settlement Accord with the Government Of Rwanda","author":"Samuel Kamau Mbote","date":"January 25, 2014","format":false,"excerpt":"Vanoil Energy Ltd. a Vancouver-based Canadian international oil and gas development company has announced that the Government of Rwanda and Vanoil have agreed to end their discussions regarding the exploration of Lake Kivu in Rwanda following expiry of the Technical Evaluation Agreement (\"TEA\") between them in June 2013. As part\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":843,"url":"https:\/\/www.oilnewskenya.com\/index.php\/seychelles-approves-whl-energys-farmout-to-ophir\/","url_meta":{"origin":6399,"position":3},"title":"Seychelles approves WHL Energy&#8217;s farmout to Ophir","author":"Samuel Kamau Mbote","date":"April 4, 2014","format":false,"excerpt":"Australian energy company\u00a0WHL Energy\u00a0has received notice that regulatory approvals will be granted for the previously reported farm-out agreement with\u00a0Ophir Energy. Under the agreement Ophir is farming-in to earn a 75% interest in\u00a0WHL Energy\u2019s offshore Seychelles petroleum exploration project area. Under the terms of the farm-out agreement, final approval was required\u2026","rel":"","context":"In &quot;Top News&quot;","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\/seychelles.jpg?fit=749%2C440&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles.jpg?fit=749%2C440&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles.jpg?fit=749%2C440&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles.jpg?fit=749%2C440&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":886,"url":"https:\/\/www.oilnewskenya.com\/index.php\/seychelles-signs-final-approval-for-whl-farmout-to-ophir-energy\/","url_meta":{"origin":6399,"position":4},"title":"Seychelles signs final approval for WHL farmout to Ophir Energy","author":"Samuel Kamau Mbote","date":"April 16, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Australian energy company\u00a0WHL Energy\u00a0has announced that the Republic of the Seychelles has signed formal documentation approving\u00a0Ophir Energy\u2019s\u00a0previously reported* farm-in to WHL Energy\u2019s large offshore Seychelles exploration position. Under the agreement Ophir is farming-in to earn a 75% interest in\u00a0WHL Energy\u2019s offshore Seychelles petroleum exploration project area. Vice-President Danny\u2026","rel":"","context":"In &quot;Top News&quot;","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\/seychelles1.jpg?fit=749%2C441&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles1.jpg?fit=749%2C441&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles1.jpg?fit=749%2C441&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/seychelles1.jpg?fit=749%2C441&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4266,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ophir-energy-exits-seychelles-acreage\/","url_meta":{"origin":6399,"position":5},"title":"Ophir Energy Exits Seychelles Acreage","author":"","date":"January 17, 2016","format":false,"excerpt":"Australian Energy Company\u00a0WHL Energy a\u00a0joint venture partner in Blocks 5B\/1, 5B\/2 and 5B\/3 in Seychelles has announced that its farm-in partner and operator Ophir Energy has elected to exercise its exit option under the Deed of Novation, Amendment and Restatement Agreement dated 14 April 2014. The agreement between the Government\u2026","rel":"","context":"In &quot;Top News&quot;","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\/2015\/07\/Junon-3D.png?fit=591%2C374&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Junon-3D.png?fit=591%2C374&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Junon-3D.png?fit=591%2C374&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6399","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=6399"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6399\/revisions"}],"predecessor-version":[{"id":6402,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6399\/revisions\/6402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1711"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=6399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=6399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=6399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}