...it's all about the petroleum field in Tanzania.

C.E O Aminex Purchases 492,341 Shares Of Company

The chief executive  of  London AIM-listed Aminex, Jay Bhattacherjee bought 492,341 shares of Aminex stock in a transaction dated Friday, July 13th. The shares were bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £9,846.82 ($13,033.51). Shares of Aminex opened at GBX 2.20 ($0.03) on Wednesday, MarketBeat.com reports. Aminex plc […]

Swala Oil Will Not Extend Tanzanian Deal Deadline

Tanzanian-incorporated Swala Oil & Gas, a subsidiary of the Australian concern Swala Energy that operates the onshore Kilosa-Kilombero fields, has  announce on 16th July that it will not extend the deadline to complete the previously announced investment by Swala in PAE PanAfrican Energy Corporation, a subsidiary of Orca Exploration Group Inc. (“Orca”), of up to […]

Orca Exploration Extend Its Deal With Swala Energy

Canadian independent Orca Exploration Group has “indefinitely” extended the timing for the closing of tranches 2 and 3 of its deal with Tanzania’s Swala, it said July 17.Orca-owned PanAfrican Energy Tanzania (PAET) operates the shallow water Songo Songo gas field, one of the longest producing fields in Tanzania in which the Canadian firm has reinvested […]

Exxon Beefs Up Mozambique LNG Project to Cut Costs Ahead of Bank Talks

LONDON, July 12 (Reuters) – Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant’s supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project’s […]

Aminex Persuade Oman-based Zubair Corporation To Invest In Notrya Field South Of Tanzania

AAIM-listed Aminex said July 11 it has agreed to farm out a 50% stake in its Ruvuma exploration licence, onshore southern Tanzania, to Oman-based Zubair Corporation – which already owns about 30% of Aminex – in a deal that could be worth up to $40mn. The licence includes the Ntorya gas discovery with almost 1.9 trillion ft3 (53bn […]

China State Owned CNOOC To Ensure Local Communities Are Benefit From Uganda Oil and Gas Sector

  In a bid to have locals gain employment in the oil and gas industry, China National Offshore Oil Corporation (CNOOC) has urged communities in Hoima to invest in education. The company, which is developing oil fields in Hoima, seeks to acquaint learners in the region with the oil and gas sector as a way […]

The Best And Worst Ways To Find A Job In Oil and Gas Companies In Tanzania And East Africa

Oil and gas activities, such as pipeline construction and extraction of oil and natural gas, create thousands of direct and indirect jobs in Tanzania and East Africa. But when people search for job in the oil and gas sector, they use trial-and-error methods. Most people don’t succeed with this approach. This article looks at a […]

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