...It's all about Petroleum field In Tanzania

Opt In Image
Get a free book Petroleum Opportunities in Tanzania
Would you love to participate in Tanzania's oil and gas sector but no idea how to get started? Are you wondering what are the opportunities available in Tanzania’s oil and gas market? Ever wish to grab opportunities in petroleum sector? Well, here's your chance. Get“Petroleum opportunities in Tanzania”, absolutely free, along with monthly oil and gas events directly to your inbox. Just type in your name and email address below

Tanzania :Solo Oil agrees farm-out in Ruvuma PSA,

images

Solo Oil has agreed to farmout a 12.5% net working interest in the Ruvuma Petroleum Sharing Agreement in Tanzania to Aminex. In what is a back-to back agreement, Bowleven will join the Ruvuma PSA joint venture with a 50% net working interest.

Solo will receive from Aminex a total consideration, in the form of a carried work program contribution and production bonus payments, of USD3.625m.

Note :PSA  stands for Production sharing Agreement

Also Read:4 Tips for Local organizations to sell products and services to the oil and gas companies

you may also like to read:7 effective way to make money in Tanzania oil and natural gas industry

Also read:Natural gas does more than producing electricity and cook food

Comment

Leave a Reply

Your email address will not be published.


Time limit is exhausted. Please reload CAPTCHA.

Tanzania Petroleum © 2016
error: Content is protected !!