Petroleum Industry In Kenya
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Petroleum Industry In Kenya
The petroleum industry in Kenya is relatively new in terms of mining and exploration. British firm Tullow Oil began operations in Kenya in 2010 after signing agreements with Africa Oil and Centric Energy, purchasing a 50% interest in five onshore licences. In 2012, the Ngamia-1 exploration well was a success and has since been followed by further exploration in the South Lokichar Basin. History The history of oil marketing in Kenya began in 1903 during colonial times. Initially, kerosene was the main import in tins but later gasoline was imported in tins and drums. Royal Dutch Shell established the first depot on the Mombasa Island at Shimanzi. According to Deloitte in 2013, Kenya has four prospective sedimentary basins: Anza, Lamu, Mandera and the Tertiary Rift. The Lamu basin extends offshore. Oil is regulated by the Energy Regulation Commission and the Ministry of Mining. Current traders include the National Oil Corporation of Kenya, Shell, Tullow Oil, KenolKobil, ...
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Petroleum Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the wor ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Tullow Oil
Tullow Oil plc is a multinational oil and gas exploration company founded in Tullow, Ireland, with its headquarters in London, United Kingdom. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was founded by Aidan Heavey in 1985, in Tullow, Ireland, as a gas exploration business operating in Senegal. Tullow listed its shares on the London Stock Exchange and Irish Stock Exchange in 1986 and the FTSE 100 index in September 2007. In 2000, Tullow acquired £201 million worth of gas fields and infrastructure in the North Sea from BP. At the same time, Tullow re-registered in the UK. In May 2004, Tullow completed the Energy Africa acquisition for $570 million. In 2006, the company began drilling its first well in Uganda and began exploiting the Lake Albert region. In 2007, Tullow drilled two deep water wells offshore Ghana, discovering the massive Jubilee Oil Field. In February 2010, the company initiate ...
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Oil Exploration Blocks In Kenya
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek ...
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Kerosene
Kerosene, paraffin, or lamp oil is a combustible hydrocarbon liquid which is derived from petroleum. It is widely used as a fuel in aviation as well as households. Its name derives from el, κηρός (''keros'') meaning "wax", and was registered as a trademark by Canadian geologist and inventor Abraham Gesner in 1854 before evolving into a generic trademark. It is sometimes spelled kerosine in scientific and industrial usage. The term kerosene is common in much of Argentina, Australia, Canada, India, New Zealand, Nigeria, and the United States, while the term paraffin (or a closely related variant) is used in Chile, eastern Africa, South Africa, Norway, and in the United Kingdom. The term lamp oil, or the equivalent in the local languages, is common in the majority of Asia and the Southeastern United States. Liquid paraffin (called mineral oil in the US) is a more viscous and highly refined product which is used as a laxative. Paraffin wax is a waxy solid extracted from pet ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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Mombasa Island
Mombasa Island is a coral outcrop located on Kenya's coast on the Indian Ocean, which is connected to the mainland by a causeway. Part of the city of Mombasa is located on the island, including the Old Town. History The old town of Mombasa is located at the eastern, seaward end of the island. Kilindini and Port Reitz, the modern deepwater harbour and port separates the island from the Kenyan mainland to the south. The old harbour, which is named Port Tudor and guarded by Fort Jesus, and Tudor Creek separate the island from the northern mainland. Modern residential sprawl and industrial areas now occupy the rest of the island. Mombasa is linked to the mainland by the Makupa Causeway to the northwest, by the Nyali Bridge to the east and by the Likoni Ferry to the south. A road and rail bridge also serve the mainland container port near Port Reitz. Port Tudor and Tudor Creek were named by Owen Tudor the Royal Navy captain who first surveyed the area. Geography Mombasa Island ...
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Ministry Of Mining (Kenya)
The Ministry of Mining of the Republic of Kenya is a Kenyan government ministry that oversees the Mineral sector in the country. Kenya has a variety of mineral deposits and exploration projects even though mining in the country is largely small-scale. Some of the minerals found in Kenya include; soda ash, limestone, fluorspar, gemstones and even gold. The Ministry of mining was established as an independent ministry after the 2013 general elections. The government recognized that the mining industry in Kenya has the potential to spur the country's economic growth. Prior to the ministry's establishment all mining related activities in Kenya were overseen by the Ministry of Environment and Natural Resources. Najib Balala a jubilee government principle was then appointed as the first Cabinet Secretary to head the newly formed ministry. In 2016 the Mining Act was enacted, introducing what was considered by industry stakeholders a modern legislation to spur the sectors growth. ...
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National Oil Corporation Of Kenya
The National Oil Corporation of Kenya (NOCK), is a state corporation of Kenya founded by Act of Parliament in 1981, with a mandate of participating in all aspects of the Kenyan petroleum industry. The company was incorporated in 1981 and began operations in 1984. Location The Head Office of the company is located at KAWI House, South C Red Cross Road, off Popo Road, Nairobi, Kenya's capital and largest city. The coordinates of the company headquarters are: 01°19'30.0"S, 36°49'55.0"E (Latitude=-1.325000; Longitude:36.831944). Service stations As of August 2018, NOCK operates 155 retail stations across Kenya, up from 115 in May 2017. Controversy In January 2016, following a company loss of KSh270 million (about US$2.7 million) for the half year period from 1 July 2015 to 31 December 2015, the NOCK board of directors sent the then managing director, Sumayya Hassan-Athmani, on compulsory leave, pending a forensic audit of the company finances. She was re-instated "three weeks lat ...
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Shell Oil Company
Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation " oil major" which is amongst the largest oil companies in the world. Approximately 18,000 Shell employees are based in the U.S. Its U.S. headquarters are in Houston, Texas. Shell USA, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. History In 1997, Shell and Texaco entered into two refining/marketing joint ventures. One combined their Midwestern and Western operations and was known as Equilon. The other, known as Motiva Enterprises, combined the Eastern and Gulf Coast operations of Shell Oil and Star Enterprise, itself a joint venture between Saudi Aramco and Texaco. After Texaco merged with Chevron in 2001, Shell purchased Texaco's shares in the joint ventures. In 2002 ...
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KenolKobil
KenolKobil Plc, is a pan African downstream oil company. The group's operations span seven countries across Eastern, Central and Southern Africa and encompass the supply, storage, distribution and retail of a wide range of petroleum products. Overview Headquarters are in Nairobi, Kenya with subsidiaries in Burundi, Ethiopia, Kenya, Mozambique, Rwanda, Uganda and Zambia. According to the Petroleum Institute of East Africa's report released in December 2014, KenolKobil was ranked third with 13.9 percent market share behind Total Kenya and Vivo Energy. History KenolKobil, then Kenya Oil Company Limited (abbreviated Kenol), was founded on May 13, 1959, by R S Alexander as a Private limited company. The Company started its operations as a wholesaler of packaged Kerosene under the brand name "SAFI". The company later began investing in service stations. In September 1959, Kenya Oil Company listed its shares on the Nairobi Securities Exchange making it the first petrol ...
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MOGAS Group
Maestro Oil and Gas Solutions (MOGAS) is a multinational integrated downstream oil marketing company. As of 2015, its business operations include international oil trading, fuels and lubrication services and retail networks. The company is registered in the UAE and has its head office in Kampala, Uganda but is operational in Uganda, Kenya, Tanzania, DRC, U.A.E, Rwanda and Burundi. History In 1987, MOGAS began its operations in Uganda as the distributor of lubricants brand Castrol and as a fuel reseller. Since then MOGAS has gone on to expand its business across East and Central Africa as well as having operations outside of the African continent under MOGAS International Limited in the UAE. As of February 2015, the MOGAS Group has established offices in seven countries as well as serving a number of others. Operational Countries Uganda As of June 2015, the company has over 35 modern retail outlets spread across a number of major towns and highways in Uganda with on-going plan ...
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