Tanzania Seeks $30B LNG Export Project Deal

• Thursday, 20th April 2017
• by

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

• Sunday, 2nd April 2017
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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

• Tuesday, 28th March 2017
• by

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

• Thursday, 23rd March 2017
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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

• Thursday, 23rd March 2017
• by

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

• Tuesday, 14th March 2017
• by

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

• Monday, 13th March 2017
• by

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

Tanzania Grants One Year Extension to Otto Energy Ltd

• Tuesday, 7th March 2017
• by

Otto Energy Ltd announced that the Tanzanian Minister for Energy and Minerals has granted a one year extension to the initial exploration period for the Kilosa-Kilombero Licence until 22 February 2018.

Lake Oil Bid in Kenya’s Hashi Energy

• Thursday, 23rd February 2017
• by Sarah Samir

Tanzanian billionaire oil dealer, Ally Edha Awadh, bid, through his Lake Oil Group, for the retail petroleum business in Kenya's Hashi Energy.

Four African Countries Join Oil, Gas Exploration

• Wednesday, 8th February 2017
• by Sarah Samir

Four African countries sharing the Lake Tanganyika basin are meeting in mid February in the Democratic Republic of Congo to discuss a joint exploration of oil and gas in the area.