Companies

Kenya: Ministry of Energy on the hunt for experts to review South Lokichar field development plan

Friday, 09 September 2016 15:21

In Kenya, the Ministry of Energy and Petroleum has demanded for the submissions of expressions of interest to evaluate and determine the credibility of the South Lokichar field development plan (FDP) presented by Tullow Oil & its JV partners at the end of 2015.

The ministry through the World Bank funded Kenya Petroleum Technical assistance project also plan to improve its capacity to assess the FDP.

Under the expression of interest, the scope of the tender will include the review of the sub-surface development model, well and reservoir management strategy as well as the reduction plan and the screening plan of the sub-surface development scenario.

The consulting firm that fits the criteria and gets the tender will also determine how the reservoir and operational data of the initial oil pilot scheme is being used, in order develop the best development concept. The company will also assess of the commercial terms and conditions in order to advise if the government’s interest has been addressed.

It is also the responsibility of the selected firm to review whether the timeliness set by the government and the IOCs is accurate, address suspicions and risks as well as evaluate the risk management strategy at the same estimating the environmental, health, social and political effects of the project.

However, interested companies are to submit their interest by September 22, 2016, Oil news Kenya reports.

Anita Fatunji

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.