As an entity falling directly under the Office of the Presidency, national oil company PetroSeychelles will from this month accept proposals from “suitably qualified” companies under the recently overhauled petroleum code and attendant fiscal regime.
Applications are being accepted for any area within the Seychelles EEZ not currently under license or else falling within the so-called “restricted areas”.
Seychelles has decided to operate a so-called ‘open file’ licensing system, under which companies may submit proposals for open areas on a first-come, first-served basis.
Under
