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Somalia dismisses revenue split with Kenya
Somalia has denied reports that the resumption of diplomatic relations with Kenya stems from an oil-sharing agreement on the offshore.
Kenya news
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Somalia has denied reports that the resumption of diplomatic relations with Kenya stems from an oil-sharing agreement on the offshore.
Kenya’s The Star newspaper claimed to have seen a redacted agreement between Kenya and Somalia due to be signed in Doha soon. This would see the two states split oil revenues 50:50.
ION awarded exclusive agreement for 3D multi-client programs offshore Kenya
April 08, 2021 16:15 ET | Source: ION Geophysical Corporation ION Geophysical Corporation Houston, Texas, UNITED STATES
HOUSTON, April 08, 2021 (GLOBE NEWSWIRE) ION Geophysical Corporation (NYSE: IO) today announced that the Company was awarded an exclusive agreement for 3D multi-client programs offshore Kenya. The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya. Offshore Kenya is an attractive area with a proven petroleum system; however, it has remained underexplored, in part due to lack of available 3D data. The final shape and size of new 3D programs will be dictated by client input and underwriting.
Kenya to auction Lamu oil blocks within a year
Summary
Kenya will auction new oil and gas exploration blocks in the Lamu Basin on the Indian Ocean territory within a year as the country looks to attract new investment in the petroleum sector.
Petroleum and Mining Principal Secretary Andrew Kamau said the offshore blocks will be put up on offer after collection of seismic data by US-based ION Geophysical Corp.
Thursday April 15 2021
By BRIAN NGUGI
Summary
Kenya will auction new oil and gas exploration blocks in the Lamu Basin on the Indian Ocean territory within a year as the country looks to attract new investment in the petroleum sector.
ION wins Kenya seismic ahead of licence round
ION Geophysical has won 3D work offshore Kenya, ahead of a licence round expected in the near term.
ION offshore Kenya
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ION Geophysical has won 3D work offshore Kenya, ahead of a licence round expected in the near term.
The company will carry out two seismic projects. One covers new 3D acquisition in the offshore Lamu Basin. The second involves the reimaging of vintage data offshore Kenya.