Mnazi Bay output to rise
Mnazi Bay production will increase for the rest of the year, following the end of the rainy season.
Tanzania
Rain eats into Orca’s Q1 sales
Gas sales by Orca Exploration in Tanzania fell in the first quarter as higher than normal rainfall boosted hydropower generation.
Aminex inches forward in farm-out work
The Tanzania Revenue Authority (TRA) has issued a certificate to Aminex, marking another step forward in its work to farm out a stake in the Ruvuma licence.
Uganda-Tanzania pipeline construction planned for 2021
Work on the East Africa Crude Oil Pipeline (EACOP) is expected to begin in April following a final investment decision (FID), according to a budget speech from the Tanzanian Minister of Energy.
Aminex strikes tax deal to progress Ruvuma deal
Aminex has agreed to secure a loan to pay its capital gains tax in Tanzania in order to move its farm-out plans ahead.
Aminex wins time at Mtwara
Aminex has received an extension to its Mtwara licence, in Tanzania, satisfying one of the remaining conditions of its farm-out agreement with ARA Petroleum Tanzania.
Gas sales keep Wentworth on plan for dividend
Demand for Wentworth Resources’ gas in Tanzania will stay flat this year, with heavy rains driving hydropower generation, but things should pick up towards the end of 2020.
AfDB denies East Africa pipeline plans
The African Development Bank (AfDB) has denied that it plans to support the proposed East African Crude Oil Pipeline (EACOP).
Maurel halts Ezanga drilling
Maurel et Prom intends to hold its production roughly stable in 2020 as the company focuses on riding out the current storm.
Higher production drives Maurel’s income
Maurel et Prom’s income increased in 2019 as a result of increased production, while the sales price fell marginally.
Mnazi Bay to hold steady in 2020
The Mnazi Bay field in Tanzania produced 70.29 million cubic feet (1.99 million cubic metres) per day in 2019, according to Wentworth Resources, predicting output would remain static in 2020.
Orca opts for dividend over sale
Tanzanian gas producer Orca Exploration has said it intends to continue on its own, following a failed bid by Swala Energy, and will return cash to shareholders in line with its new strategy.
On the up in Tanzania for Wentworth and Orca
Tanzania has struggled to pay its debts to local gas producers but there are signs this is changing, with Wentworth Resources and Orca Exploration posting strong quarterly results on improved collections and higher gas demand.
Solo plans European reorientation
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Uganda keeps oil industry hopes alive
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
Aminex wins more farm out time in Tanzania
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Aberdeen can play ‘invaluable role’ in Tanzanian oil industry
Britain’s ambassador to Tanzania has said expertise from Aberdeen play an “invaluable role” in developing the country’s oil and gas sector.
Global opportunities on show at Subsea Expo 2018
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Low pressure dents production from Tanzania well, Aminex says
London-based Aminex said today that low reservoir pressure was restriction output from its Kiliwani North-1 well in Tanzania.
Solar firm powers two Tanzania villages
Redavia, a provider of rental solar power, has electrified two Tanzania villages for the first time.
Aminex triples gas resources in Tanzania
UK based upstream oil and gas company Aminex has nearly tripled its resource estimate for the Ruvuma Petroleum Sharing Agreement ("Ruvuma PSA") in Tanzania.
Aminex appoints io as it looks to develop Tanzania acreage
Aminex has appointed io oil & gas consulting to prepare a gas commercialisation study to assist with the development of the Ntorya field, part of the company’s Ruvuma PSA acreage in Tanzania.
North-east firm aims to play lead role in training East African oil workers
A north-east consultancy hopes to play a key role in the training of a new generation of oil workers in East Africa.
Shell wells come up dry in Tanzania
Two exploration wells drilled on blocks operated by Shell off Tanzania have come up dry.
Statoil says final investment decision on Tanzania LNG five years away
A final investment decision on Tanzania’s $30bllion onshore liquefied natural gas export terminal (LNG) will not be made for at least five years according to Statoil’s country manager.