Tag: security

  • Kenya – An African oil upstart in transition

    By: Luke Patey

    In 2012, Kenya became the latest East African country to enter the oil and gas scene. The discovery of oil resources in the Turkana County provided an extra boost to Kenya’s already growing and diverse economy. But significant political, social, and security challenges remain. This paper analyses the opportunities and risks facing Kenya’s oil industry […]

  • Protection against Default in Long Term Petroleum Joint Ventures

    By: Eduardo Pereira

    Sharing costs and risks are the basic foundation of any the joint venture. However, the required financial commitments might be jeopardized either by a co-venturer who cannot afford the payment of the related costs or a co-venturer who simply chooses not to pay its share. The petroleum industry tends to rely on the forfeiture of […]

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