5 Key Recent Developments Impacting The Oil and Gas
Here are top five articles about recent developments impacting the oil and gas industry in Tanzania and sub-Saharan Africa.
Development #1: Total Suspends Planned $3.5 billion Uganda-Tanzania Oil Pipeline
Total SA has suspended its planned $3.5 billion crude export pipeline from Uganda to Tanzania after the collapse of a deal to buy a stake in Tullow Oil Plc’s oil fields in Uganda.
Development #2: South Sudan Makes New Oil Discovery in Adar
South Sudan has made a new crude find in the northern oilfields of Adar and plans production by the end of the year, Information Minister Michael Makuei Lueth said.
Development#3: Oil exploration: Panoro Energy announces new discovery in Gabon
The independent Norwegian oil Exploration and Production (E&P) company Panoro Energy ASA has made a new oil discovery further to the drilling of the Hibiscus Updip well on the Dussafu Marin Permit, offshore Gabon, the company announced on Friday 30th August in a press release.
Development#4:U.S. Exim Bank Seeks Vote On $5 Billion to Mozambique LNG project.
The U.S. Export-Import Bank said on Thursday its board intends to vote on a $5 billion direct loan for the development of a liquefied natural gas (LNG) project in Mozambique, the bank’s biggest export financing deal in years.
Development #5: Over 1500 youths undergo intense skilling for jobs in oil and gas sector
As part of ongoing efforts to prepare Ugandans for jobs in upcoming infrastructure projects such as oil and gas sector, Solid Rock Uganda is equipping over 1500 youths with intense skills in areas of construction, pipe rifting, carpentry and rigging among others.
