TGS, a global leader in energy data and intelligence, has signed an agreement with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage and license the country’s extensive offshore subsurface data. This collection includes 2D and 3D seismic data covering an area of over 132,000 square kilometers. Tanzania boasts strong play diversity, proven through exploration success […]
ARA Petroleum has disclosed that the Ministry of Energy in Tanzania (TPDC) has granted the company a 25-year Development Licence over the Ntorya gas discovery area to the Ruvuma joint venture. The gas development grant is sequel to the Field Development Plan (FDP) for the Ntorya area which has been submitted and approved by TPDC. […]
Baker Hughes an energy technology company said it was awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE. The signing ceremony took place in Algiers in the […]
Rosetta Energy Solutions, a subsidiary of Taqa Arabia, has proudly announced the signing of a Heads of Terms (HoT) agreement with Tanzania Petroleum Development Corporation (TPDC) and Africa50 to develop Tanzania’s first Small Scale Liquefied Natural Gas (LNG) project. This new venture will invest in, develop, and operate Tanzania’s first LNG Virtual Pipeline. The project […]
Aminex, the oil and gas exploration and Development Company focused on Tanzania, has announced that the interpretation of the recently acquired 338 km² 3D seismic dataset over the Ruvuma PSA has improved the in-place volumetrics for the Ntorya gas discovery and revealed a significantly higher resource potential in the wider licence area than previously identified […]
Aminex PLC, the oil and gas exploration and production company focused on Tanzania, has announced that a gas sales agreement (GSA) for the sale of gas from the Ntorya location was signed on January 12, 2023 by the Company’s subsidiary, Ndovu Resources Limited, together with the operator, ARA Petroleum Tanzania Limited (APT) and the Tanzania […]
ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA). APT was established in 2018 to accelerate the development of the Ntorya area. A farm-in agreement for a 50% working interest was agreed with the operator AMINEX Plc. Once the farm-in was completed in 2020 APT became […]
Scirocco Energy has announced that the divestment of its 25% interest in the Ruvuma asset has been approved by the Tanzanian Minister of Energy. With this approval now received, all conditions precedent to the transaction are satisfied and Scirocco and its counterparty, ARA Petroleum Tanzania, can now proceed to complete the transaction in the coming […]
Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed Ruvuma transaction from 31 August 2023 to 30 September 2023. The reason for the extension of the amendments is owing to the significant progress made so far and also to allow additional time to complete the transaction. As […]
Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed Ruvuma transaction from 31 August 2023 to 30 September 2023. The reason for the extension of the amendments is owing to the significant progress made so far and also to allow additional time to complete the transaction. As […]
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