PetroSeychelles looks toward 2013 open bid round

Oil&Gas journal - Wed, 19 December 2012

The Seychelles islands in the Indian Ocean offshore East Africa have undertaken an exercise to modernize petroleum legislation and revise the fiscal regime and is preparing for an open acreage bid round in 2013. With numerous discoveries offshore East Africa in recent months, the international oil and gas industry has shown renewed interest in Seychelles, said Eddy Belle, chief executive officer of PetroSeychelles Ltd. ...more