Maurel et Prom’s income increased in 2019 as a result of increased production, while the sales price fell marginally.
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.
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.
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.
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 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 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.
Britain’s ambassador to Tanzania has said expertise from Aberdeen play an “invaluable role” in developing the country’s oil and gas sector.
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
London-based Aminex said today that low reservoir pressure was restriction output from its Kiliwani North-1 well in Tanzania.
Redavia, a provider of rental solar power, has electrified two Tanzania villages for the first time.
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 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.
A north-east consultancy hopes to play a key role in the training of a new generation of oil workers in East Africa.
Two exploration wells drilled on blocks operated by Shell off Tanzania have come up dry.
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.
An $80million exploration drilling campaign started today on two blocks operated by Shell off the coast of Tanzania.
Rwanda and Burundi stopped importing their fuel needs through the Kenyan port of Mombasa because of the contamination of some cargoes and have opted to route shipments through Tanzania instead, according to the Kenya Transporters Association.
Scottish oil and gas companies are going on a third trade mission to East Africa in as many years to help narrow the region's skills gap.
Oil major Shell said it is planning to start drilling offshore Tanzania later on this year.
Solo Oil said the Mtwara licence which is part of the Ruvuma Production Sharing Agreement (PSA) has been granted a further one year extension.
Aminex has secured an extension to its repayment agreement with its lender. The 18-month reprieve comes after the operator struck a number of deals in Tanzania.
Tanzania offers the best chance for Solo Oil to return value to the business the company said, as it reported a wider loss in 2015.
Solo Oil expects to reach its expected offtake rate from the Kiliwani North production operations in Tanzania later this year.
Aminex today confirmed it has issued its first invoices for its Kiliwani North Development in Tanzania.