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For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation

By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the … Read More

Kenya Upstream Sector Activity to Remain Dismal Unless Government Renews or Extends Expired Licenses

The Kenya upstream sector will continue to witness a depressed environment with most planned activities unlikely to continue after multiple drill ready prospects  in various licenses remain unattended after expiry … Read More

With a History of Tax Disputes in Oil & Gas Industry: Shall Kenya be an Exception to Explorers?

Kenya is currently the second leading East African country with estimated 750 million barrels in only two blocks that is 13T and 10B in Lokichar Basin,South Turkana; after Uganda’s recoverable … Read More

A Review Of The Natural Resources (Class Of Transactions Subject To Ratifications) Act, 2016

Introduction: What is natural resources? Article 260 of the Constitution of Kenya 2010 defines the term “Natural Resources” to mean the physical non-human factors and components, whether renewable or non-renewable, … Read More

Erin Energy obtains 18-month extension in Kenya’s Blocks L27 and L28

Erin Energy Corporation has announced it has obtained an eighteen-month extension of the Initial Exploration Period (IEP) of its offshore Kenya blocks, L27 and L28. The IEP on blocks L27 and L28 which … Read More

Erin Energy Seeks First Exploration Extension Period on Kenya’s Block L1B and L16

Erin Energy formerly CAMAC Energy has said met with the government of Kenya and has requested approval to move into the first exploration extension period on blocks L1b and L16 having completed … 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

Key features of the current Kenyan model of production sharing contract

[twitter-follow screen_name=’oilnewskenya’] Source: Deloitteblog Negotiation of an initial exploration period with the possibility to extend this twice. An agreed percentage of the contract area is to be surrendered at the … Read More

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