Entries by Tanzania Petroleum

UK Based Chariot Oil and Gas Strike Dry Well Offshore Namibia

  UK independent Chariot Oil & Gas’s eagerly anticipated well offshore Namibia was dry. The company said October 11 that its Prospect S deepwater well, which was drilled by the Ocean Rig Poseidon drillship to a total depth of 4,165 meters, did not encounter any hydrocarbons. It will conduct further analysis to understand the implications of the well results on […]

Mozambique Sign Agreement With Oil Giant Exxon Mobil

The Mozambican government has finally signed agreements with ExxonMobil and Rosneft for acreage won in the country’s fifth licensing round in 2014. Mozambique’s National Petroleum Institute said the government was preparing to sign similar agreements with South Africa’s Sasol and Italy’s ENI. The agreements could lead to as much as $700 million of investment in […]

Aminex Get A Stake In Bounty Oil & Gas in Tanzania

  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 […]

Social Media And The Oil and Gas Industry

    Marketing and communications in the oil and gas industry is advancing at a fast pace. Social media is beginning to play a major role in the industry by propelling communications and marketing forward. Despite previous roadblocks by older generations for fear of the unknown, many oil and gas companies are taking advantage of […]