Maurel to sell Tanzania stake in Mnazi Bay to close slow-moving deal
Maurel CEO Olivier de Langavant welcomed the “partnership with TPDC that will reinforce the basis for the mutual benefit of the next phase of development at Mnazi Bay”.
Maurel CEO Olivier de Langavant welcomed the “partnership with TPDC that will reinforce the basis for the mutual benefit of the next phase of development at Mnazi Bay”.
A controversial $4 billion crude oil pipeline to link Uganda and Tanzania has overcome a key hurdle that delayed a final decision, according to Standard Bank Group.
Tanzania’s LNG project could transform the East African state’s economy, stimulating domestic investment and securing Asian markets – if the plan can move ahead on time, Stanbic Bank Tanzania has said in a new report.
The East African Crude Oil Pipeline (EACOP) company has applied to the Ugandan government for a licence to begin construction.
Tanzania has chosen the UK office of Baker Botts and GaffneyCline to lead talks with foreign investors on a proposed LNG export facility.
EPCM Holdings’ local subsidiary has won a two-year framework agreement in Tanzania for downstream gas projects.
Tanzania’s new president has spoken of her desire to get the country’s LNG projects moving, while overseeing a confusing change at Tanzania Petroleum Development Corp. (TPDC).
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
Mnazi Bay production will increase for the rest of the year, following the end of the rainy season.
Gas sales by Orca Exploration in Tanzania fell in the first quarter as higher than normal rainfall boosted hydropower generation.