The contracts cover the L10A and L10B exploration blocks which will be operated by the company.
BG Group will hold a 40% equity interest in the L10A block and a 45% interest in the L10B block.
The blocks together cover an area of more than 10,400 square kilometers in water depths ranging from around 200m to in excess of 1,900m.
The initial work program consists of an acquisition of seismic data during an initial exploration period of two years.
BG Group executive vice president and managing director for Africa Middle East & Asia Sami Iskander said that the company looks forward to working with its partners and the Kenyan government to play an active role in the exploration for oil and gas offshore Kenya.