Country Report

Seychelles upstream summary

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26 October 2017

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
    • Seychelles Bank Basin
    • Geology Introduction
    • Licensing
    • Recent Licensing Activity
    • Historic Licensing Activity
    • Drilling
      • Drilling activity
      • Future drilling activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • 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 9 images and tables including:

  • Key facts: Table 1
  • Location maps: Image 1
  • Net Acreage 2018
  • Map of Seychelles Petroleum Basins
  • Exploration: Table 1
  • Current Licences in Seychelles
  • Exploration Drilling
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 970.92 KB

  • Document

    Country Overview

    XLS 110.00 KB

  • Document

    Country Overview

    ZIP 909.69 KB

  • Document

    Executive summary

    PDF 674.64 KB

  • Document

    Key facts

    PDF 681.43 KB

  • Document

    Location maps

    PDF 853.81 KB

  • Document

    Key companies

    PDF 691.60 KB

  • Document

    Geology

    PDF 739.21 KB

  • Document

    Exploration

    PDF 746.67 KB

  • Document

    Reserves and resources

    PDF 670.13 KB

  • Document

    Production

    PDF 681.51 KB

  • Document

    Infrastructure

    PDF 680.77 KB

  • Document

    Policy and regulation

    PDF 691.84 KB

  • Document

    Fiscal terms

    PDF 714.92 KB