Entries by Hussein Boffu

How Much Do Tanzanians Know About Natural Gas

Natural gas is a hot talking point in Tanzania. It is hardly now living in Tanzania for months without hearing any single announcement about natural gas. It affects Issues ranging from politics to energy. There a lot of misinformation passed around about natural gas in Tanzania. So I wondered how Does general Tanzanians know about […]

Fact about Investing in Tanzania Oil and Gas Industry

There lot of oil and gas business opportunities in Tanzania oil and gas industry, And the rate of this opportunities are increasing due to increasing demand of energy in Tanzania as well as flocking of foreign oil and gas company in the region. One can approach sector in multiple ways, However, Interested people should think […]

Swala Energy repays loan, readies for Tanzania drill program in 2016

Swala Energy (ASX:SWE) has repaid an interim loan facility of US$1.1 million to 9.2% cornerstone shareholder Hayaat International that was struck in June 2015. No interest was payable by Swala under the loan facility. Abu Dhabi-based Hayaat International has been an investor in Swala since November 2013 with an initial A$3.3 million holding. Swala chief […]

Low Oil prices is Bad and Good for Tanzanians

Since falling of oil price in June 2014, Tanzanians have been losers and winners as wells. Oil slump might be a bad news for Tanzanians but is a great to them also. Articles discusses different consequences of low crude prices to Tanzanian citizens Let’s face them Why low crude prices is good for Tanzanians Import […]

Bowleven eyes $28m deal for Tanzania gas assets

  dinburgh-based oil and gas explorer Bowleven is set to acquire stakes in two Tanzania gas projects for up to $28 million (£18.3m). The Africa-focused group said the proposed deal was in line with its strategy of concentrating on opportunities in Africa that “have the potential to create material shareholder value, whilst maintaining a robust […]

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

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 […]

Where do We Find Oil and Gas?

Unfortunately oil and gas do not exist is liquid pools underneath the earth’s surface. In fact, you could hold a rock containing oil in your hand and would not be able to see the oil. Also Read:How oil and gas are formed Important Properties of Rocks Rock Formation Showing Strata For rocks to contain oil […]