Aminex expects Ruvuma well, Kiliwani North seismic this year
ARA Petroleum Tanzania (APT) should spud a well in Tanzania in November, partner Aminex has said, with production from Ntorya starting at the end of 2024.
Tanzania
Wentworth sets net zero plan as production rises
Wentworth Resources has posted another strong set of results with revenues up 26% on higher production.
World’s largest reinsurer will not provide EACOP cover
Munich Re will not insure the East African Crude Oil Pipeline (EACOP), throwing up another challenge for the TotalEnergies-driven project in Uganda and Tanzania.
As Europe reconsiders energy security, LNG is set for the limelight
It is unlikely that Europe will agree to cutting gas flows from Russia, but the invasion of Ukraine has had a clear impact on security of supply considerations.
South African banks opt out of EACOP financing
Four of South Africa’s five major banks have said they will not support the East African Crude Oil Pipeline (EACOP), in Uganda and Tanzania.
Updated: Baker Botts, GaffneyCline to lead Tanzania’s LNG talks
Tanzania has chosen the UK office of Baker Botts and GaffneyCline to lead talks with foreign investors on a proposed LNG export facility.
Security improves in northern Mozambique but tests are ahead
The military intervention in northern Mozambique has seen some successes, but with the recent death of a South African soldier and talk of the insurgency shifting, it is far from over.
As EACOP FID looms, French court knocks TotalEnergies back
A French court has found against TotalEnergies in a case on the “duty of vigilance” law, with environmental NGOs claiming this as a victory.
Wentworth to offset carbon in Tanzania with Vitol
Wentworth Resources has signed a memorandum of understanding (MoU) with Vitol to offset emissions in Tanzania.
Tanzania kicks off talks on elusive LNG plans
Tanzania has begun negotiations with companies on a proposed $30 billion LNG scheme.
EPCM lines up Tanzania gas consultancy agreement
EPCM Holdings’ local subsidiary has won a two-year framework agreement in Tanzania for downstream gas projects.
Higher oil prices pay off for Maurel
Maurel et Prom has reported production slipping 5% in the first nine months of the year, even while revenues increased 42%.
Exxon, Shell in East African LNG race
ExxonMobil continues to hold out hope for its Rovuma LNG project, in Mozambique, while Shell has held talks with the Tanzanian government on another East African export plan.
EACOP lines up pipe suppliers
Uganda’s oil plans are starting to come together, with contracts nearing on the current project and with more to come.
Activists prank TotalEnergies with animal exodus plan
TotalEnergies has a plan to evacuate endangered animals from Uganda and Tanzania to France – or so a group of unidentified pranksters would have the world believe.
More than half the world’s oil, gas is unextractable: Climate report
A larger than previously thought share of the world’s hydrocarbons cannot be produced if the world is able to control warming to only 1.5 degrees Celsius.
Tanzania grants more time for Ruvuma gas plan
Tanzania has extended the Ruvuma production-sharing agreement (PSA) to provide time for development of the area’s gas plans.
ARA pushes back Chikumbi drilling to wait on seismic
ARA Petroleum Tanzania (APT) expects to begin acquiring 3D seismic this quarter.
Pressure mounts on EACOP insurers amid carbon push
Groups opposing TotalEnergies’ plan for an East African pipeline have called on insurance and reinsurance brokers to steer clear.
Tanzania to follow Namibia for Matrix
Malvin Chiwanga’s Matrix Petroleum has recently set out a plan to enter Namibia, while next up is Tanzania.
Tanzania signs EACOP HGA, as Kenya launches Lamu
Uganda and Tanzania have taken another step toward construction of a major oil export pipeline, while port operations begin in Kenya.
Long haul ahead on Tanzania LNG plans
Tanzanian President Samia Suluhu Hassan aims to wrap up talks on an LNG project within six months, but the government faces a tough task in securing new investments.
Macron says “count on me” for EACOP support
French President Emmanuel Macron has spoken of his support for the East African Crude Oil Pipeline (EACOP).
Maurel plans 2021 production boost
Maurel et Prom intends to restart drilling in Gabon, on its Ezanga permit, this summer in a bid to recover production losses.
French banks disavow Total’s EACOP plans
Three French banks have committed not to provide project financing for the Total-led East African Crude Oil Pipeline (EACOP).