Kenya to map out new oil blocks

New bloc round: Kenya said to make new offerings available

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By News wires

 16 July 2012 17:00 GMT

Kenya plans to auction off new blocks for oil and gas exploration, an energy ministry official said on Monday, after finds earlier this year led to avid interest in previous auctions.

Alfred Odawa, a consultant geologist at the Energy Ministry, said British explorer Tullow Oil and Anadarko Petroleum would surrender acreage in a total seven blocks in coming weeks as required in their production-sharing contracts with the government, Reuters reported.

"They are surrendering their portion (of the blocks), and we'll use that to make blocks again," Odawa told the news wire in an interview.

"From there it will be open and anybody can apply to take it ... We'll pick the highest bidder."

Tullow and partner Africa Oil first discovered oil deposits in the country's…

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