The East Africa Oil and Gas Summit 12-14 November, Nairobi

The East Africa Oil and Gas Summit comes to Nairobi from the 12 - 14th of November 2012.

With all the latest happenings in the oil & gas sector within the region of East Africa, this is a premium event worth attending.

The East Africa Oil and Gas Summit is the government led event for the whole East African region. Hon. Kiraitu Murungi, Minister for Energy, Kenya will host the opening ceremony and welcome delegations from throughout the East Africa region including Tanzania, South Sudan, Uganda, Mozambique, Burundi, Rwanda and Kenya.

The organizers announce the latest confirmation that Hon. Stephen Dhieu Dau, Minister for Petroleum, Energy & Mining will lead the delegation from South Sudan and Hon. Prof Sospeter Muhongo, Minister for Energy and Minerials will lead the delegation from Tanzania. While  NOC Kenya and Simba Energy have become the latest confirmed sponsors.

If you wish to attend please go onto the website and register.

For more details check out: http://www.eaogs.com

Pancontinental strikes natural gas off Kenya's Lamu coast in the Mbawa well.

Pancontinental Oil & Gas an Australian prospecting company announced today it has struck natural gas off Kenya's Lamu coast in sands of the Mbawa well (L8).

The discovery contains 52 net metres (~170ft) of natural gas pay. Signaling that Kenya has joined the ranks of potential natural gas producers. The announcement also recommends continued drilling to a deeper target with potential of a larger discovery.

Kenya now joins Tanzania and Mozambique on the east coast of Africa as a potential natural gas producer.

According to a Kenyan local Daily, The Business Daily, yesterday, Pancontinental had halted trading of its shares, pending an announcement expected today. This has now come to pass.

Pancontinental, which has been drilling the Mbawa deep-water well (L8) within a joint venture with Apache Corporation of the US as the well operator, said it had requested a halt in the trading of its shares at the Australian Securities Exchange (ASX) ahead of this announcement.

According to a notice by the ASX, the halting was done on Thursday, September 6, and is scheduled to end any time from today.

The Kenya L8 Mbawa Joint Venture consortium consists of-

Apache Corporation (Operator) 50%

Origin Energy Limited 20%

Pancontinental Oil & Gas NL 15%*

Tullow Kenya B.V. 15%

*Pancontinental’s 15% interest is “free-carried” through Mbawa drilling by Tullow Oil plc up to a

“cap” of US$ 9 million (as reduced by other exploration expenditure). After the first earning phase Tullow has an option to earn a further 5% by providing funding on Pancontinental’s behalf to a cap of US$ 6 million in any second well.

Just as I predicted in my previous postings there is more to come from the off shore basin of the Eastern African coast. 

The Geothermal Development Company (GDC) is looking for Consultants for Menengai Geothermal Development Project 1

The Geothermal Development Company (GDC) is looking for consultants to provide management & supervisory services listed below. The consultancy is funded by a loan from the African Development Bank (AfDB) and the process of prequalifying follows AfDB rules and regulations.

The Services included under this project are:

1.     Drilling Rigs Inspection

2.     Supervision of Drilling Operations

3.     Management and Supervision of works during construction of steam gathering system

4.     Management and Supervision of works during power plant construction (both Modular and Conventional Power Plants)

5.     Assist in the procurement of contractors for steam gathering system and power plant operators

6.     Project Management ; and

7.     Knowledge Transfer and Training of GDC’s staff.

In a previous blog I had blogged about GDC seeking funding for this project. GDC has now got part of the funding to build its capacity ahead of investment for this project. The project is estimated will produce upto 400MW of electricity.

Deadline for submission of the EOI is 25th September 2012

For more details check out their website at: http://www.gdc.co.ke/images/Tenders/management_supervision.pdf

Also:

The Geothermal Development Company (GDC) is also looking for consultants to provide Transaction Advisory services listed below. The consultancy is funded by a loan from the African Development Bank (AfDB) and the process of prequalifying follows AfDB rules and regulations.

The Services included under this project are:

1.     Carrying out initial technical, financial and legal due are deemed necessary for successful completion of the transactions;

2.     Transaction structuring including Investment Options, analysis and evaluation;

3.     Providing Investment risk management advisory; 

4.     Investor engagement which includes; • Independent Power Producers (IPP) Procurement assistance; and

5.     Assistance with negotiations and IPP agreement management plan

6.      Capacity transfer during the engagement period

Deadline for submission of the EOI is 25^th September 2012

For more details check out their website at: 

http://www.gdc.co.ke/images/Tenders/transaction_advisory.pdf