Posted in Top News

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…

Posted in Top News

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…

Posted in Top News Uncategorized

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…

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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…

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FAR farmout deal in Kenya’s Block L6 unlikely in 2014

Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest…

Posted in Oil Politics Top News

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…

Posted in News by others Oil Politics Top News

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…

Posted in Oil Politics Top News

Apache departs from PSC with Pancontinental in Kenya’s Block L8

[twitter-follow screen_name=’oilnewskenya’] Apache has opted out from the production sharing agreement (PSC) with Pancontinental Oil and Gas of Kenya’s offshore…