Tanzania | Egypt Oil & Gas - Part 7
Swala Oil to Buy Stake in Burundi’s Oil Field
Tanzania’s Swala Oil and Gas Plc has agreed to purchase Surestream Petroleum Limited’s subsidiary. In return, Swala shall issue Surestream 6,247,154 fully paid ordinary shares in the company, The Citizen reporte...
Tanzania Changed Bulk Oil Importation Rules
Tanzania’s government directed that only locally registered oil marketing companies will be allowed to bid for the importation of petroleum products in the country. The new rule will take effect as of January 2017, re...
Solo Oil to Drill New Well in Tanzania
UK’s Solo Oil has signed a rig contract for the drilling of the Ntorya-2 appraisal well in the Ruvuma basin, in Tanzania, Ecofin Agency reported. The Carol 2 drilling rig, which is presently located on the Ntorya-1 we...
Shell to Start Drilling Offshore Tanzania
Ophir Energy announced that its partner, Shell, is making preparations to commence exploration drilling offshore Tanzania before the of end 2016, Ecofin Agency. Shell became an operator on the blocks after taking over...
Solo Oil Chose Not to Extend Stake in Tanzania’s Gas Field
UK’s Solo Oil has informed Aminex plc, the operator of the Tanzanian Kiliwani North Development Licence (KNDL), that it does not intend to exercise its immediate option over a further 1.25% interest in the KNDL, Rigzo...
Oil Experts Discuss Uganda-Tanzania Oil Pipeline
A Paris based team of oil experts discuss new developments regarding the construction of a 1,410km-long East Africa crude pipeline to transport Ugandan oil from its city of Hoima through Tanzania, where 1,100km of the...
Zanzibar to Directly Negotiate Oil, Gas Deals
Zanzibar, a Tanzanian archipelago off the coast of East Africa, will soon start direct talks with investors in the oil and gas sector, thanks to a new law to be passed by Tanzania’s House of Representatives, All Afric...
Tanzania Slated as Regional Leader in Oil and Gas Exploration
The Tanzanian government is set to become East Africa’s leading country in the exploration of oil and natural gas within the next decade, reported ESI Africa. Tanzania’s Minister of Energy and Minerals, Sospeter Muhon...
