Aminex and other non-defaulting parties have acquired Bounty Oil & Gas’ shares in the Kiliwani North Development Licence and the Nyuni Area production-sharing agreement, Aminex said October 4. The transferred interests include all rights and liabilities except that Bounty will, pursuant to the joint operating agreements, remain liable for its share of any outstanding work […]

  Tanzania’s planned liquefied natural gas export project is a huge boost for the economy. The consortium of large multinational firms (Shell, UK independent Ophir , Singapore-based Pavilion Energy, Exxon Mobil, and Norway’s Equinor, formerly Statoil ) that owns part of the LNG Canada project to be built on the Lind region, Southern part of […]

  Uganda’s planned refinery could cost more than originally estimated. The increase for the project isn’t in the construction cost but in the fact that Uganda could acquire more than its planned 8% stake in the project. The 60,000 bpd refinery had an initial price tag of around $2 billion. Read  Also    Aminex’s Field Tanzania Still […]

Selling to the oil and gas companies can bring your firm substantial revenue and security. The sad reality is that many suppliers, contractors do not recognize wide-ranging opportunities in oil and gas companies. They believe that because their products are not directly related to the oil and gas companies, then they have nothing to offer […]

We can talk about a thousand of things for the benefit it gives to our country. But what does it mean to Uganda, China, or wherever? There are over 57 .25 trillion cubic feet (TCF) of recoverable gas in Tanzania and more than 441 trillion cubic feet of natural gas are still trapped underground, according […]