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Tanzania

Aminex makes Progress with 3D Seismic Dataset over Ruvuma in Tanzania

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 […]

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Tanzania, Aminex sign Ruvuma Gas Sales Agreement

 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 […]

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ARA Petroleum Progresses On Operations In Tanzania (APT)

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 […]

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Scirocco Energy Gives Transaction Update No Ruvuma, Tanzania

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 […]

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Scirocco Energy, APT Extend Acquisition Of Ruvuma Interest Transaction Offshore Tanzania

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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Scirocco Energy, APT extend acquisition of Ruvuma interest transaction offshore Tanzania

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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SCIROCCO Energy Progresses On Ruvuma Asset Divestment, Tanzania

Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed transaction from 30 June 2023 to 31 August 2023. Although Scirocco has continued to make progress with the Tanzanian Revenue Authority (“TRA”) regarding obtaining tax clearance for the divestment of Ruvuma, Scirocco and its counterparty agreed it was […]

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Tanzania LNG Project Receives Investors Utmost Commitment

Tanzanian maiden LNG project has continued to generate undaunted financial commitment from investors. Equinor, Shell and Exxon Mobil have shown unalloyed pledges on the Tanzania multi-billion dollars LNG project deal. The current assurance is coming from Equinor Tanzania According to Equinor consortium, they have agreed a deal with the government of Tanzania for the development […]

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Scirocco Divest Ruvuma Interest To ARA Petroleum, Tanzania

Scirocco Energy has Comfirmed Company’s intent to divest its interest in the Ruvuma asset, where Scirocco has entered into an agreement to sell its 25% interest to ARA Petroleum Tanzania (APT). The Tanzanian Fair Competition Commission (FCC) has now granted its unconditional approval for the transaction and issued the Company with the Merger Clearance Certificate. The issuance of […]

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Maurel & Prom To Acquire Wentworth Assets In Tanzania

Wentworth Resources and Maurel & Prom S.A. have reached agreement on the terms of a recommended acquisition of the entire issued and to be issued share capital of Wentworth by M&P. The Acquisition will be subject to the Conditions and certain further terms set out in the Scheme Document and each Wentworth Shareholders will be […]

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