NAIROBI ( Halbeeg News) – Kenya will approve the acquisition of offshore oil and gas exploration blocks by Qatar Petroleum, according to local media reports on Wednesday.
The contract will be awarded to Qatar Petroleum which is a state-owned public corporation operating all oil and gas activities in Qatar.
Last month, Qatar Petroleum said that it signed a contract with Total and its Italian partner Eni for the acquisition of three exploratory blocks in the Lamu basin off Kenyan Indian Ocean coast.
“We are pleased to sign this agreement to participate in the exploration of these offshore coastal areas in Kenya and further strengthen our presence in Africa.” The president and CEO of Qatar Petroleum, Saad bin Sherida Al Kaabi said.
Petroleum Principal Secretary Andrew Kamau told a media that the permits were issued.
Qatar Petroleum will own 25 percent in the three blocks acquired in the Lamu offshore basin under the regulatory approval of Kenyan authorities.
The three offshore blocks L11A, L11B, and L12 are situated in an area that is largely unexplored.
The blocks have approximately a total area of 15,000 square kilometers with water depths up to 3000 meters.
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