Country Report
Seychelles upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
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Geology
- Seychelles Bank basin
- Geology Introduction
-
Exploration
- Licensing
- Historic licensing activity
- Recent licensing activity
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Drilling
- Drilling activity
- Future drilling activity
- Reserves and resources
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Production
- Liquids
- Gas
-
Infrastructure
- Introduction
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
-
Fiscal terms
- Overview
- Upstream
- Mid/Downstream
- Current fiscal terms
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State equity participation
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Contractor revenue entitlement
- Product pricing
- Tax rate
- Taxable income
- Petroleum additional profits taxes (PAPT)
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Key facts: Table 1Location maps: Image 1Net Acreage 2025
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Map of Seychelles petroleum basinsCurrent licences in SeychellesExploration drillingFiscal terms: Table 1Fiscal terms: Table 2
What's included
This report contains:
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