Scirocco beats out rebel shareholders, sticks to transition strategy
Scirocco Energy has triumphed over shareholders seeking a rethink on the company’s direction and its sale of its Tanzanian asset.
Ruvuma
Scirocco picks up momentum
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
APT plans seismic, drilling in Tanzania
ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA).
Aminex completes Tanzania sale
Aminex has completed its farm out of the Ruvuma licence to ARA Petroleum Tanzania, completing a process that began in mid-2018.
Aminex inches forward in farm-out work
The Tanzania Revenue Authority (TRA) has issued a certificate to Aminex, marking another step forward in its work to farm out a stake in the Ruvuma licence.
Aminex strikes tax deal to progress Ruvuma deal
Aminex has agreed to secure a loan to pay its capital gains tax in Tanzania in order to move its farm-out plans ahead.
Aminex wins more farm out time in Tanzania
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Solo Oil farms out in Tanzania and Bowleven steps in
Solo Oil has farmed out its interest in the Ruvuma petroleum sharing agreement to help it accelerate two appraisal wells in Tanzania.