{"id":6637,"date":"2017-12-20T07:42:36","date_gmt":"2017-12-20T07:42:36","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6637"},"modified":"2017-12-20T07:42:36","modified_gmt":"2017-12-20T07:42:36","slug":"kenya-seeks-expert-south-lokichar-blocks-hydrocarbon-audit","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-seeks-expert-south-lokichar-blocks-hydrocarbon-audit\/","title":{"rendered":"Kenya Seeks for Expert in South Lokichar blocks Hydrocarbon Audit"},"content":{"rendered":"<p>The ministry of energy and petroleum (MoEP) through the Kenya Petroleum Technical Assistance Project (KEPTAP) has requested for an expression of interest from firms wishing to undertake a hydrocarbon reserves audit and to develop competent person\u2019s report for the oil assets in Block 10bb and 13t in North Western Kenya.<\/p>\n<p>The consultancy expected to take three months undertake an audit of the hydrocarbon reserves covering the years 2012-2017 and to develop a responsible, unbiased and independent technical view captured in a Competent Person\u2019s Report (CPR) of the oil assets in blocks 10BB and 13T.\u00a0The report will guide the government making a back-in decision in the two blocks as well as raising money for the national oil corporation through the Nairobi and London bourses.<\/p>\n<p>The scope of the assignment will include:<\/p>\n<ol>\n<li>Carry out a comprehensive independent reserve audit and resource estimation of block 10BB and 13T by;<\/li>\n<\/ol>\n<ul>\n<li>Review the underlying assumptions and its transparency levels, carried forward in the currently booked reserves &amp; resource estimates in accordance with Securities and Exchange Commission (SEC), Society of Petroleum Engineers (SPE), London Stock Exchange among other acceptable international standards, and generally accepted engineering estimating and reserve evaluation principles and petroleum classification system for both discovered (reserves 1-3 P class, contingent resource 1-3Cclass), and undiscovered resource s (prospective resource) in the technical range of uncertainty (low, medium, high) for oil, gas and condensate streams.<\/li>\n<li>Assess as provided by Tullow Oil and its Partners a) the appropriateness of the methodologies employed, b) the adequacy and quality of the data relied upon, c) the depth and thoroughness of the reserves estimation process, d) the classification of reserves appropriate to the relevant definitions used, and e) the reasonableness of the estimated reserves quantities and\/or the Reserves Information.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li>Document audit findings; identify gaps and its impact on reserves &amp; resource estimates. Recommend the client in accordance with the best industry practices on gap closure (means\/methods).<\/li>\n<li>Document audit assessment process for MoE P capacity building purposes enabling.<\/li>\n<li>Develop an independent Competent Persons Report (\u201cCPR\u201d) reflecting a technical independent view facilitating a decision about the level of state participation in the oil developments in block 10BB and 13Tand enabling subsequent equity financing through stock exchange <a href=\"http:\/\/bit.ly\/2BDcyG1\">listing<\/a> at the LSE and NSE. Provide the Client with clear recommendations and it\u2019s rational behind it.<\/li>\n<\/ol>\n<p>Interested firms are expected to have: significant international experience in providing technical independent advice to Governments on hydrocarbon reserves and resource estimates and on stake participation in the development of oil assets enabling Initial Public Offering at International Stock Exchange especially in London which is mandatory. The firms are also expected to meet the local content requirement and specifically experienced national expert(s) in the upstream industry among other requirements.<\/p>\n<p>As per the <a href=\"http:\/\/bit.ly\/2kpScIK\">last resource assessment<\/a> estimates in April 2016 by DeGolyer and MacNaughton Canada Limited (DMCL) put Kenya crude oil recoverable \u00a02C unrisked resources\u00a0 at 750 million barrels an increase from an earlier estimate by Gaffney, Cline &amp; Associates in September 2014 that put the total 2C (best) gross contingent resources at 616 million barrels of oil and total 3C (high) \u00a0gross contingent resources at 1.29 billion barrels.<\/p>\n<p>In the <a href=\"http:\/\/bit.ly\/2BDteNA\">breakdown<\/a> thereafter 12 million barrels were however classified as Development Unclarified from the Etuko and Ewoi fields\u00a0leaving the Development Pending resources at 754 million barrels. In six of the fields (Ngamia, Amosing,Ekale, Etom, Twiga and Agete) the assessment placed the chance of commerciality at 86 percent while at Etuko and Ewoi the chance of commerciality at 50 percent.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ministry of energy and petroleum (MoEP) through the Kenya Petroleum Technical Assistance Project (KEPTAP) has requested for an expression of interest from firms wishing to undertake a hydrocarbon reserves &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/kenya-seeks-expert-south-lokichar-blocks-hydrocarbon-audit\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4666,"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":[70,89,138,259,266,474,4419,715,813,816,828,945,6642,1252,6641,1589,1732,2571,2592],"class_list":["post-6637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oil","tag-agete","tag-amosing","tag-block-10bb","tag-block-13t","tag-cline-associates","tag-degolyer-and-macnaughton-canada-limited","tag-ekale","tag-etom","tag-etuko","tag-ewoi","tag-gaffney","tag-hydrocarbon-audit","tag-kenya","tag-kenya-petroleum-technical-assistance-project-keptap","tag-ministry-of-energy-and-petroleum","tag-ngamia","tag-tullow-oil","tag-twiga","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/05\/Kenya-Discoveries-Block-10BB-Block-13T.png?fit=413%2C506&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1J3","jetpack-related-posts":[{"id":4849,"url":"https:\/\/www.oilnewskenya.com\/index.php\/5-4m-disbursed-through-kenya-petroleum-technical-assistance-project-report\/","url_meta":{"origin":6637,"position":0},"title":"$5.4M Disbursed Through Kenya Petroleum Technical Assistance Project &#8211; Report","author":"","date":"July 21, 2016","format":false,"excerpt":"The Kenya Petroleum Technical Assistance Project has disbursed $5.4M so far or 9.44% as of June 2016 according to the latest Implementation Status & Results Report by the World Bank which is funding the project. The World Bank in its report says that although the current disbursement levels remain low\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\/2016\/07\/world-bank.jpg.png?fit=579%2C394&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/world-bank.jpg.png?fit=579%2C394&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/07\/world-bank.jpg.png?fit=579%2C394&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9512,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-tullow-oil-receives-licence-extension-for-blocks-10bb-13t\/","url_meta":{"origin":6637,"position":1},"title":"KENYA: Tullow Oil Receives Licence Extension for Blocks 10BB\/13T","author":"","date":"December 8, 2020","format":false,"excerpt":"Tullow Oil has announced that Tullow and its Joint Venture partners have received extensions to their exploration licences for Blocks 10BB and 13T in Kenya to the end of 2021. This follows the approval of the work programme and budget for next year by the Ministry of Mines and Petroleum.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Block-10BB-13T-pipeline.png?fit=406%2C360&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1484,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-awaits-world-bank-board-approval-of-kshs-4-billion-for-multi-agency-training\/","url_meta":{"origin":6637,"position":2},"title":"Kenya awaits World Bank board approval of Kshs.4 billion for multi-agency training","author":"Samuel Kamau Mbote","date":"July 22, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Kenya is awaiting the approval of $50 million dispatchment as part of the Kenya Petroleum Technical Assistance Project (KEPTAP) that targets to train government agencies including the energy ministry, treasury, National oil Corporation, Kenya Pipeline, Energy Regulatory Commission, State law office among others. The decision that is expected\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\/al-doura_oil_refinery_iraq.jpg?fit=1200%2C802&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/al-doura_oil_refinery_iraq.jpg?fit=1200%2C802&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/al-doura_oil_refinery_iraq.jpg?fit=1200%2C802&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/al-doura_oil_refinery_iraq.jpg?fit=1200%2C802&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/04\/al-doura_oil_refinery_iraq.jpg?fit=1200%2C802&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2922,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-oil-gas-upstream-sector-fact-file-shortened\/","url_meta":{"origin":6637,"position":3},"title":"Kenya Oil and Gas (upstream) sector fact file &#8211; 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 &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\/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":6619,"url":"https:\/\/www.oilnewskenya.com\/index.php\/world-bank-halts-finance-upstream-oil-gas\/","url_meta":{"origin":6637,"position":4},"title":"World Bank Halts Finance For Upstream Oil and Gas","author":"","date":"December 14, 2017","format":false,"excerpt":"The World Bank Group has announced that it will no longer finance upstream oil and gas, after 2019 as part of its continuation of its own operations and to support countries meet their Paris goals. According to the statement from the group at the one planet summit convened by President\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\/2017\/12\/World-Bank-Logo.jpg?fit=700%2C599&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/World-Bank-Logo.jpg?fit=700%2C599&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/World-Bank-Logo.jpg?fit=700%2C599&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/World-Bank-Logo.jpg?fit=700%2C599&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8938,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenya-kjv-lifts-notices-of-force-majeure-on-blocks-10bb-13t\/","url_meta":{"origin":6637,"position":5},"title":"KENYA: KJV Lifts Notices of Force Majeure on Blocks 10BB &#038; 13T","author":"","date":"August 21, 2020","format":false,"excerpt":"Kenya Joint Venture (KJV) partner Africa Oil Corp. has announced that the joint venture partners on Blocks 10BB and 13T in Kenya, have today submitted a letter to the Kenyan Ministry of Petroleum and Mining, to withdraw the notices of Force Majeure that were declared on\u00a0May 15, 2020. The lifting\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Tullow-Oil-Kenya.png?fit=358%2C377&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\/6637","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=6637"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6637\/revisions"}],"predecessor-version":[{"id":6638,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6637\/revisions\/6638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/4666"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=6637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=6637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=6637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}