Tanzania Calls For Natural Gas Distribution Investments

• Sunday, 23rd April 2017
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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 i...

Tanzania Seeks $30B LNG Export Project Deal

• Thursday, 20th April 2017
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The Tanzanian government has arranged a draft agreement with international oil companies to collaborate in building a $30b liquefied natural gas (LNG) export project, All Africa reported. According to Oil Price, the d...

Tanzania Doubles Electricity Access

• Sunday, 2nd April 2017
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Tanzania’s access to electricity increased from less than 30% to 67.3% during the last decade, All Africa reported, citing a statement from the Tanzanian Energy and Minerals Minister, Sospeter Muhongo. Muhongo stated ...

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

• Tuesday, 28th March 2017
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Octant Energy announced it has signed a term sheet with Rosseau Asset Management to receive a $10m fund for the acquisition of Afren’s assets in East Africa. The assets include Block L17/L18 and Block 1 in Kenya, as w...

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, All Africa re...

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

• Thursday, 23rd March 2017
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Solo Oil, a natural resources investment company, has negotiated the acquisition of a 10% interest in Helium One Limited for a total consideration of . 19m, Finfeed informed. According to Shares Magazine, Solo has als...

Aminex Discovers Gas at Tanzania’s Ntorya-2 Well

• Tuesday, 14th March 2017
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Oil exploration and production company Aminex recently announced that, during the production testing on the recently drilled Tanzania’s Ntorya 2 well, no formation water was produced. The result lead the company...

Tanzania’s Mnazi Bay Reserves Increase

• Monday, 13th March 2017
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Wentworth announced the results of an independent evaluation of the gas reserves within the Tanzania’s Mnazi Bay Concession, in which the company holds 31.94% ownership, Globo News Wire reported. Wentworth’s Man...

Tanzania Grants One Year Extension to Otto Energy Ltd

• Tuesday, 7th March 2017
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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. The joint ventu...

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, reported The Star News. The Competition Authority of Kenya (CAK) has...