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I am happy to tell you that the country is now having big reserves of natural gas," Mr Muhongo was quoted as saying by Tanzania's Daily News. "In the past three years there has been increased natural gas and oil exploration activities. These
Tanzania's president has invited investors from the UAE to join the rush for oil and gas in the east African nation, after recent gas discoveries along its coastline, the president's office said. Together with oil finds in neighboring Kenya and
Covers the leading players in the finance industry Sample "This ship will be in Mtwara and we hope to start work at the start of September," Petrobras Tanzania chief executive Samuel Miranda said in a statement issued on Thursday by the Tanzanian
French independent oil company Etablissements Maurel Et Prom SA (MAU.FR) said Friday that board of Nigerian National Petroleum Corporation approved the sale of 45% equity of Shell Petroleum Development company, Total SA ( TOT ) and Eni SpA ( E ) in
The Aim-quoted explorer plans to issue 654,880,000 shares to new and existing shareholders at five pounds per share. �We decided to raise new funds to enable us to expedite an active and extremely promising exploration and drilling programme,� Andrew
N-1 has identified a 111-metre column of oil in the Grès du Kissenda. The firm said pump tests have established a flow of 1,700 bpd of oil with an API of 33.4.
French oil company Etablissements Maurel Et Prom SA (MAU.FR) Friday said it will abandon the M'Bafou well in Congo because the quality of the reserves isn't good enough to allow production. The company added that drilling on well NGO-1 will start in