National Oil Corporation of Kenya
Encyclopedia
The National Oil Corporation of Kenya is a state corporation of Kenya
founded by Act of Parliament
in 1981, with a mandate of participating in all aspects of the Kenyan petroleum
industry; it is 100% owned by the Kenyan government. The company is known as National Oil or as "NOCK". Main offices are located in Nairobi
.
The company is involved in upstream activities such as exploration, geological research, and production; and in downstream activities such as maintenance of a petroleum products retail network.
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
founded by Act of Parliament
Act of Parliament
An Act of Parliament is a statute enacted as primary legislation by a national or sub-national parliament. In the Republic of Ireland the term Act of the Oireachtas is used, and in the United States the term Act of Congress is used.In Commonwealth countries, the term is used both in a narrow...
in 1981, with a mandate of participating in all aspects of the Kenyan petroleum
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
industry; it is 100% owned by the Kenyan government. The company is known as National Oil or as "NOCK". Main offices are located in Nairobi
Nairobi
Nairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
.
The company is involved in upstream activities such as exploration, geological research, and production; and in downstream activities such as maintenance of a petroleum products retail network.