M a r k e t N e w s

Zarara To Begin Lamu Offshore Drilling

Posted on : Wednesday , 1st November 2017

 NEMA has given a British oil and gas firm the green light to start Sh16.4 billion drilling for commercial gas on Pate Island, Lamu county.

 
The National Environmental Management Authority (NEMA) has cleared Zarara Oil and Gas Ltd to start drilling one of two wells believed to contain huge natural gas deposit on the archipelago.
 
Mr. Salim Ahmed Bashir - Lamu County Nema director of environment - confirmed that Zarara has been licensed to undertake the drilling exercise.
 
“Yes, I am aware they have been issued with the license from our headquarters (in Nairobi) because such activities are normally handled at the highest level,” said Mr. Bashir.
 
He added that the firm has also compensated land owners in the area, paving way for exploration of gas deposits in the two blocks.
 
“There was a lease agreement between the land owners and the company where parties settled on compensation agreement,” he added.
 
Reports state that Zarara has started Greatwall Drilling Company Ltd’s drilling rig to start sinking of Pate 2 well that is expected to take 120 days.
 
MRI has a 75 percent stake in the two blocks while Swiss Oil Holding controls 15 percent, with the remaining ten percent shares owned by the Kenyan government.
 
Two years ago, the government granted Zarara Oil and Gas an 18-month license extension to undertake drilling works on Blocks L4 and L13.
 
Zarara has planned to drill 102 wells in the area.
 
However, the quantity of gas deposits will only be ascertained after intense drilling, Zarara country manager Peter Nduru said.
 

Source : Business News Africa
Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Mini plants of toilet paper rolls production
  •  Unipro was born to transmit and give itís experience in trading high quality safety equipments ensuring high quality products under international standards required in the Oil and Gas, Mining, Construction, automotive, Steel and Chemical industries.
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • We offers high quality, Competitive price and satisfied service always
  • ISISAN is a core member of a group who employs, approx 2000 people and active in pipe manufacturing, furniture, machine made carpets, flour mill and animal feed production.
  • Engineering Expo, is Indiaís largest multi-location trade show on manufacturing
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  •  TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Leading manufactures and expoters of the electronic products
  • Manufacturer of auxiliary equipments
  • A world leading name in Heat Transfer Technology
  •  BMC China Exhibition Co., Ltd is the wholly-owned subsidiary of German Enerxy AG Group
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  •  Portwest is a global vertical company with over 100 years of experience in the design, manufacture and supply of protective clothing, safety footwear, specialist gloves and PPE to resellers and distributors at the most competitive prices.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  •  EuropCorr is a company specialized in design, manufacturing, sales and consultancy of corrosion monitoring systems mainly for petrochemical, oil and gas industry.
  • Multi feedstock batch processing biodiesel equipment
  • Used Machinery
  •  Global Air Freight Solutions For Oil & Gas Shipments
  • Specialty and Custom Chemicals Exhibition
  • Manufacturer of heavy duty machinery
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2018 Afrotrade