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

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 Block L8 saying it will not participate in any further … Read More