Scirocco sketches out energy transition shift
Tanzania-focused Solo Oil has become Scirocco Energy, and with the change of name a newfound focus on the energy transition in the European market.
Tanzania
EACOP reaches government deal with Tanzania
The East African Crude Oil Pipeline (EACOP) has signed a host government agreement (HGA) with Tanzania, as plans for the Ugandan oil development near the finish line.
Total faces duty of vigilance case over Uganda work
Total will face accusations of human rights violations over its activities in Uganda on October 28, in the Versailles Court of Appeal.
Gabon production cuts hit Maurel
Maurel et Prom’s production fell in the first nine months of 2020, although its acquisition of Angolan assets helped avoid too great a reduction.
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.
Total under fire over Uganda land issues
Friends of the Earth France and Survie have accused Total of human rights violations in Uganda and Tanzania.
Tanzania finally approves Aminex farm out
The Tanzanian government has approved Aminex to proceed with the farm out of its Ruvuma interest to ARA Petroleum Tanzania.
No October surprise likely in Tanzania
Foreign investors have become increasingly concerned about Tanzania since the election of John Magufuli to the presidency in 2015.
CPTDC wins compressor work from Orca
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
Mnazi Bay output to rise
Mnazi Bay production will increase for the rest of the year, following the end of the rainy season.
Rain eats into Orca’s Q1 sales
Gas sales by Orca Exploration in Tanzania fell in the first quarter as higher than normal rainfall boosted hydropower generation.
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.
Uganda-Tanzania pipeline construction planned for 2021
Work on the East Africa Crude Oil Pipeline (EACOP) is expected to begin in April following a final investment decision (FID), according to a budget speech from the Tanzanian Minister of Energy.
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 time at Mtwara
Aminex has received an extension to its Mtwara licence, in Tanzania, satisfying one of the remaining conditions of its farm-out agreement with ARA Petroleum Tanzania.
Gas sales keep Wentworth on plan for dividend
Demand for Wentworth Resources’ gas in Tanzania will stay flat this year, with heavy rains driving hydropower generation, but things should pick up towards the end of 2020.
AfDB denies East Africa pipeline plans
The African Development Bank (AfDB) has denied that it plans to support the proposed East African Crude Oil Pipeline (EACOP).
Maurel halts Ezanga drilling
Maurel et Prom intends to hold its production roughly stable in 2020 as the company focuses on riding out the current storm.
Higher production drives Maurel’s income
Maurel et Prom’s income increased in 2019 as a result of increased production, while the sales price fell marginally.
Mnazi Bay to hold steady in 2020
The Mnazi Bay field in Tanzania produced 70.29 million cubic feet (1.99 million cubic metres) per day in 2019, according to Wentworth Resources, predicting output would remain static in 2020.
Orca opts for dividend over sale
Tanzanian gas producer Orca Exploration has said it intends to continue on its own, following a failed bid by Swala Energy, and will return cash to shareholders in line with its new strategy.
On the up in Tanzania for Wentworth and Orca
Tanzania has struggled to pay its debts to local gas producers but there are signs this is changing, with Wentworth Resources and Orca Exploration posting strong quarterly results on improved collections and higher gas demand.
Solo plans European reorientation
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Uganda keeps oil industry hopes alive
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
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.