Kenya has leased out all existing oil blocks to exploration companies, the Daily Nation newspaper reports Friday citing Energy Minister Kiraitu Murungi.
Kenya
has
leased out all existing oil blocks to exploration companies, the Daily Nation
newspaper reports Friday citing Energy Minister Kiraitu Murungi.
The government has given out the remaining four blocks to international
companies, including
America
's
Apache Corp. (APA),
France
's
Total SA (TOT), Anadarko from the
U.S.
and
China
's
CNOOC, the daily cites Mr. Murungi as saying.
"All our 46 oil blocks, including the nine in the deep sea are now
contracted out and our offices are currently busy signing production-sharing
contracts. The role of the ministry now is to follow up to ensure that the work
programs are implemented," the daily quoted Mr. Murungi as saying
Wednesday on the sidelines of the launch of the Oil and Gas Summit scheduled to
start in November.
It wasn't immediately possible to obtain a comment from the Energy Ministry.
Apache Corp. is expected to drill
Kenya
's
first deep-water oil well in three months, the daily said.
"We are going to deep-sea drilling again from September with Apache about
60 kilometers east of Malindi. We are witnessing significant interest since we
struck oil in Turkana," Mr. Murungi said.
In March, London-listed Tullow Oil PLC (TUWOY) announced it had encountered oil
in its Ngama-1 well in northern
Kenya
,
which it expects to be the largest oil find in
East
Africa
so far.
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