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KENYA: Petroleum Ministry Cancels 6 PSAs Over Default of Obligations

The Cabinet Secretary for Petroleum and Mining John Munyes has issued demand notices and notices of termination to six production sharing contracts in a Kenya Gazette notice dated 10th September … Read More

Kenya to auction 17 new Oil Exploration Blocks in 2017

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

An Analysis of the Petroleum Bill 2015, Model PSC

Source: Oxfam The Petroleum (Exploration, Development and Production) Bill, 2015 and associated model production sharing contract (PSC) are currently in the final stages of Parliamentary review. The development of a … Read More

Oyster Oil Commences 3350 line kilometers of Airborne Survey in Djibouti

Oyster Oil and Gas Ltd has commenced an airborne survey in the Republic of Djibouti which is being conducted by Bridgeporth Holdings Ltd, a UK based specialist geophysical contractor. The … Read More

Vanoil seeks $150 million in suit against the Government of Kenya

Vanoil Energy Ltd. has commenced an international arbitration against the Government of Kenya after the minister for Energy Davis Chirchir declined to renew the company’s exploration licenses citing speculation. In the suit … Read More

Swala Energy to sink exploratory well in Nyanza Kenya in 2015

[twitter-follow screen_name=’oilnewskenya’] Swala Energy has announced it will be drilling its first exploratory well in Kenya’s block 12B in 2015. The company says the decision follows positive data from the … Read More

More Oil blocks expected to be relinquished in 2014/15 – Experts

[twitter-follow screen_name=’oilnewskenya’] More companies are expected to lose their blocks in Kenya as a result of relinquishments in the coming months. This is in compliance to their production sharing contracts that … Read More

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