Tanzania | Egypt Oil & Gas - Part 3

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%,

Tanzania Grants One Year Extension to Otto Energy Ltd

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

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

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.

Oil Firms Reject Tanzania’s Petroleum Act 2015

Oil firms are in dispute with the Tanzanian government over local content obligations contained in Petroleum Act 2015.

Tanzania Expects LNG Plant Deal by 2018

Tanzania hopes to reach an agreement with international oil companies in 2018 paving the way for the construction of a liquefied natural gas (LNG) plant, part of a bigger plan for a new export terminal.

Tanzania to Build 15 CNG Stations

The Tanzania Petroleum Development Corporation (TPDC) has declared that it intends to build more compressed natural gas (CNG) stations in Dar es Salaam to provide cheaper and cleaner energy for more citizens.

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