The agreement is subject to customary regulatory approvals by the government of Kenya. Following such approval, the partners comprising the consortium will consist of affiliates of each of Eni (the operator) with a 41.25% SW participating interest, Total with a 33.75% participating interest, and Qatar Petroleum with a 25% participating interest.
The three offshore blocks (L11A, L11B, and L12) are situated in what is considered to be a frontier and largely unexplored area in the Lamu basin east of Kenya and have a total area of approximately 15,000 sq km, with water depths ranging from about 1000 m to 3,000 m.
In line with its growth strategy, this opportunity strengthens Qatar Petroleum’s position in the exploration of frontier basins with significant hydrocarbon resource potential.
