Heritage Oil Limited through its Tanzanian Subsidiary Heritage Rukwa is set to start drilling its first experimental oil well in Tanzania’s Rukwa Rift Basin by the end of next year The citizen newspaper reported. The move comes after successful completion of exploration in the area according to the company Managing Director Jim Baban. Baban said
The government of Tanzania has adopted bulk procurement system for the importation of liquefied petroleum gas (LPG) in the country, effective from September this year The new system was announced by the Ministry of Energy and Minerals deputy permanent secretary Juliana Pallangyo in Dar es Salaam. She invited all interested parties to participate in the
Tanzania said it is meeting executive officials from giants Royal Dutch Shell, Statoil, Exxon Mobil, and Ophir Energy to commence negotiations on basic understanding of hosting government agreement for the new gas plant. Construction of Liquefied Natural Gas plant in East Africa’s biggest holder of natural gas reserves after Mozambique is yet to be decided.
Tanzanian’s liquefied natural gas project is facing delays after the recently enacted Petroleum Act 2015 introduced new requirements that must be met before it proceeds. Major Operator of Tanzania gas field Solo in a statement earlier said that initial gas production commenced on April 4, 2016 and is expected to be delivered to the gas
By Mbatau wa Nga The announcement that Uganda and Tanzania had signed an agreement to build an oil pipeline between the former’s oil fields and Tanga Port did not surprise analysts following the ping-pong game between Kampala, Nairobi and Dar-es-salaam. This should not have surprised Kenyan policy makers, either, because Uganda had contracted Total, a
By Thangapandian Srinivasalu Africa produced 8.2m b/d of crude last year – 76% came from Nigeria, Algeria, Egypt and Angola, according to PricewaterhouseCoopers’ (PWC) 2015 Africa Oil & Gas Review. But East Africa is elbowing its way under the spotlight and changing Africa’s energy map – a move easily justified by its wealth of oil
British based Solo Oil said it will continue to actively assess new investment opportunities in Africa and elsewhere despite the oil market uncertainty. The company said its pretax loss widened in the first half of 2015 and said its investments in the Kiliwani North gas field in Tanzania and the Ruvuma production sharing agreement in
Tanzania’s new Oil and gas law, The Petroleum Act 2015, currently awaiting debate in National assembly highlights a number of provisions aimed at giving state an upper hand in the Oil and gas sector. The bill was presented by the government in pursuit of giving a legal and regulation framework to the country’s budding oil sector.
The recent discovery of extra natural gas reserves in Tanzania could turn Eastern Africa into a world oil hub business experts have expressed optimism. Tanzania announced an increase in its gas deposits in the last 12 mouths following a number of discoveries in offshore blocks. The discovery of new Oil deposits in the East African