Consultancy Services To Undertake Hydrocarbon Reserves Audit And To Develop Competent Person’s Report For The Oil Assets In Block 10bb And 13t | TenderSoko

MINISTRY OF ENERGY AND PETROLEUM

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Sector : Public

Category : Consultancy -Oil & Gas

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Closing Date - 2017-12-29

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MINISTRY OF ENERGY AND PETROLEUM
KENYA PETROLEUM TECHNICAL ASSISTANCE PROJECT

REQUEST FOR EXPRESSIONS OF INTEREST


CONSULTANCY SERVICES TO UNDERTAKE HYDROCARBON RESERVES AUDIT AND TO DEVELOP COMPETENT PERSON’S REPORT FOR THE OIL ASSETS IN BLOCK 10BB AND 13T

 CONSULTING SERVICES - FIRMS SELECTION

KE-MQE-26651-CS-QCBS

Credit No. 55260 KE
Project ID No. P145234.

The Government of Kenya [GoK] has received financing from the World Bank’s International Development Assistance [IDA] towards the cost of the Kenya Petroleum Technical Assistance Project [KEPTAP] whose overall objective is to strengthen the capacity of the Government of Kenya to manage its petroleum sector and accruing wealth for sustainable development. It is intended that part of the proceeds of this credit be applied to eligible payments under the contracts for provision of consultancy services to undertake hydrocarbon reserves audit and to develop competent person's report for the oil assets in block lObb and 13t. The consultancy will run for a period of three [3] months.

1.     Objective

The objective of this assignment is to undertake an audit of the hydrocarbon reserves covering the years 2012-2017 and to develop a responsible, unbiased and independent technical view captured in a Competent Person's Report [CPR] of the oil assets in blocks 10BB and 13T. This will support the Government of Kenya not only in the decision making about possible investment in the development of the oil discoveries, but also in raising equity funds by the dual listing of the Kenyan state participating firm in London Stock Exchange [LSE] and Nairobi Stock Exchange [NSE].

2.     The scope of the assignment will include but not limited to: -

The detailed aspects of the consultancy service are as follows:

a)     Familiarize with all relevant historical data available from the block 10BB and 13T discoveries.

b)     Obtain all necessary information for estimating and auditing of the actual booked reserves & resources covering the period 2012-2017, and for assessing the petroleum resource potential in block 10BB and 13T.

Carry out a comprehensive independent reserve audit and resource estimation of block 10BB and 13T by;

                                                   i.            Review the underlying assumptions and its transparency levels, carried forward in the currently booked reserves & resource estimates. This to be in accordance with Securities and Exchange Commission [SEC], Society of Petroleum Engineers [SPE], London Stock Exchange among other acceptable international standards, and generally accepted engineering estimating and reserve evaluation principles and petroleum classification system for both discovered (reserves 1-3 P class, contingent resource 1-3C class], and undiscovered resources (prospective resource] in the technical range of uncertainty (low, medium, high] for oil, gas and condensate streams.

                                                 ii.            Assess as provided by Tullow Oil and its Partners a] the appropriateness of the methodologies employed, b] the adequacy and quality of the data relied upon, c] the depth and thoroughness of the reserves estimation process, the classification of reserves appropriate to the relevant definitions used, and e] the reasonableness of the estimated reserves quantities and/or the Reserves Information.

c)      Document audit findings; identify gaps and its impact on reserves & resource estimates. Recommend the client in accordance with the best industry practices on gap closure [means/methods].

d)     Document audit assessment process for MoEP capacity building purposes enabling.

e)      Develop an independent Competent Persons Report (“CPR”] reflecting a technical independent view facilitating a decision about the level of state participation in the oil developments in blocklOBB and 13T and enabling subsequent equity financing through stock exchange listing at the LSE and NSE. Provide the Client with clear recommendations and it’s rational behind it.

3.     The Ministry of Energy and Petroleum [MoEP] through the Project Management Unit [PMU] (Client] now invites eligible consulting firms (“Consultant"] to indicate their interest in providing the consultancy Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Assignment. The short listing criteria include; Significant international experience in providing technical independent advice to Governments on hydrocarbon reserves and resource estimates, and on stake participation in the development of oil assets enabling Initial Public Offering at International Stock Exchange, London Stock Exchange Experience is mandatory, Demonstrable track record of success in performing hydrocarbon resource audits and in delivering competent person’s report, preferably in similar country environment like Kenya with no state participation
history in oil field development, The Company is Professionally Internationally Accredited providing reserve audits and issuing Competent Person’s Reports, Provide evidence of relevant projects successfully completed, clearly indicating the year undertaken, the country, and the name of the client. Evidence of acceptance of past works by the client is necessary. Local content requirement and specifically experienced national expert[s] in the upstream industry is
necessary for this work.

4.     The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers January 2011 (“Consultant Guidelines”], setting forth the World Bank's policy on conflict of interest.

5.     Consultants may associate with other firms in the form of a joint venture or a sub-consultancy to enhance their qualifications.

6.     A Consultant will be selected in accordance with the Quality & Cost-Based Selection [QCBS] method set out in the Consultant Guidelines.

7.     Further information can be obtained at the address below during office hours: Monday to Friday: 08.00 to 17.00 hours.

8.     Complete Expressions of Interest documents in plain sealed envelopes with consultancy reference and name clearly marked on top should be delivered in person, or by email to the address shown below or placed in the tender box at our offices on the 24th Floor, Nyayo House, Kenyatta Avenue by 29th December, 2017 at 1000 hours Kenyan local time.

Postal Address:

Project Management Unit
Attn: Procurement Specialist
Ministry of Energy and Petroleum
P.0 Box 30582-00100
NAIROBI-KENYA

Telephone No.:+254-20-310112

 

Physical Address:

Project Management Unit
Attention: Procurement Specialist
24th Floor, Nyayo House, Kenyatta Avenue
NAIROBI, KENYA.

E-mail: procurement.keptap@gmail.com

PROJECT MANAGER
FOR: PRINCIPAL SECRETARY

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