Tanzania | Egypt Oil & Gas - Part 2

Zanzibar to Start Commercial Oil, Gas Exploration

ZPRA announced that the commercial exploration and production of oil and natural gas in the Isles will commence after 8 years.

Ntorya Appraisal Area Records Material Increase, Tanzania

Solo Oil announced a material increase in its estimate of gas initially in place ("GIIP") linked with the Ntorya gas-condensate discoveries.

Tanzania Calls For Natural Gas Distribution Investments

Tanzania Petroleum Development Corporation (TPDC) has encouraged local and foreign investors to engage in natural gas distribution projects in the country's commercial capital of Dar es Salaam and the emerging indust ...

Tanzania Seeks $30B LNG Export Project Deal

The Tanzanian government has arranged a draft agreement with international oil companies to collaborate in building a $30b LNG export project. Tanzania is competing with Mozambique to build the export plant.

Tanzania Doubles Electricity Access

Tanzanian's overall access to electricity increased from less than 30% to 67.3% during the last decade. The access to power in rural areas increased from just 2% in 2007 to 47.5% in 2017, and urban areas reached 97.3%.

Octant Energy Receives $10m Fund for Assets in Kenya, Tanzania

Octant Energy announced it has signed a term sheet with Rosseau Asset Management to receive a $10m fund for the acquisition of Afren’s Block L17/L18 and Block 1 in Kenya, as well as the Tanga Block in Tanzania.

Uganda, Tanzania to Construct $3.35b Unitary Oil Pipeline

Uganda’s Energy Minister, Irene Muloni, announced the government’s plan to construct a unitary pipeline worth $3.35b to transport the country's crude oil from Hoima to Tanzania’s Tanga Port.

Solo to Buy 10% of Helium One’s Assets in Tanzania

Solo Oil, a natural resources investment company, has negotiated the acquisition of a 10% interest in Helium One Limited for a total consideration of $3.19m.

Aminex Discovers Gas at Tanzania’s Ntorya-2 Well

Aminex recently announced that production tests pointed that Tanzania's Ntorya 2 well contains a significant volume of gas.

Tanzania’s Mnazi Bay Reserves Increase

Wentworth stated that its report showed an increase in Net Proved Developed Producing (PDP) reserves of 88% and 2P reserves increasing by 20%,

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