Country Report
Seychelles upstream summary
Report summary
To date no hydrocarbons have been discovered in Seychelles. Although companies have been active in Seychelles since the 1970s, this has largely focused on seismic data acquisition. The country is frontier, with only four exploration wells drilled historically, three of which encountered hydrocarbon shows. Most of the companies active have exited and relinquished their licences. JOGMEC remains the only active company in the country.
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Seychelles Bank Basin
- Geology Introduction
-
Exploration
- Licensing
- Recent Licensing Activity
- Historic Licensing Activity
-
Drilling
- Drilling activity
- Future drilling activity
- Reserves and resources
-
Production
- Liquids
- Gas
-
Infrastructure
- Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
-
Fiscal terms
- Overview
- Upstream
- Mid/Downstream
- Current fiscal terms
-
State equity participation
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Contractor Revenue Entitlement
- Product pricing
- Tax rate
- Taxable income
- Petroleum Additional Profits Taxes (PAPT)
- Dividend withholding tax
Tables and charts
This report includes 8 images and tables including:
- Key facts: Table 1
- Location maps: Image 1
- Net Acreage 2024
- Map of Seychelles Petroleum Basins
- Current Licences in Seychelles
- Exploration Drilling
- Fiscal terms: Table 1
- Fiscal terms: Table 2
What's included
This report contains:
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