Entries by Hussein Boffu

Swala Energy engages international advisory firm Gaffney Cline & Associates

Swala Energy has engaged Gaffney Cline & Associates Limited Swala Energy (ASX:SWE) has engaged Gaffney Cline & Associates Limited, an international advisory firm headquartered in the United Kingdom, to complete a Competent Persons Report for its East African licences. The company carried out three 2D comprehensive seismic programs over its Tanzanian and Kenyan licences in […]

Rystad Energy analysts upbeat about Mozambique and Tanzania growth

Two leading analysts for Rystad Energy, Espen Erlingsen and Audun Martinsen, named Mozambique and Tanzania as the two countries expected to lead the way in African hydrocarbons growth in the coming years Oil Review Africa Shell offshoreWhile Mozambique and Tanzania are set to shine, the Bonga project offers hope of growth for Nigeria. (Image source: […]

Solo Oil Gives Tanzania patner finacing, Operational Update

    Solo today notes the news release from the Operator of Solo’s assets in Tanzania, Aminex plc (“Aminex”), which includes details of an extension to their corporate loan facility and an update relating to the Kiliwani North Gas Sales Agreement (“GSA”). The key items relating to the GSA are reported as follows: · GSA […]

Fursa Kwa Wazawa Kuwekeza Kwenye Miundombinu Ya Umeme

    Wizara ya Nishati na Madini Inakaribisha Wawekezaji Wa Kitanzania Kuwekeza Katika Miundobinu ya Uzalishaji Umeme Katika Vyanzo vifuatavyo Gesi asilia (Natural Gas) Makaa ya mawe (Coal) Miradi mikubwa na midogo ya maji (Hydro) Nishati jadidifu (Renewables):-                                   […]

Statoil seeks clarification from Tanzania on impact of new oil law

Statoil (STO+2.2%) says it is seeking clarification on Tanzania’s new petroleum law and wants to determine how it will affect companies like itself already operating in the country. Tanzania’s parliament passed the petroleum legislation in July, ushering in a royalty regime in which energy companies pay 12.5% for onshore oil and gas production and 7.5% […]

Tanzanians Must be part of Natural Gas boom

  With about 55.5 cubic feet of natural gas found in Tanzania, foreign investors and companies are attracted to the region. This indicates there unlimited opportunities in Tanzania oil and gas sector, However, seems the natural gas boom affect international players in the situation there have no important consequences for the local companies and individuals […]

New energy legislation introduced in Tanzania

    In July 2015, we published an energy briefing on the Tanzania Extractive Industries (Transparency and Accountability) Bill 2015 (the TEI Bill) and the Oil and Gas Revenues Management Bill 2015 (the OGRM Bill). Since then, the Bills have been passed by Parliament and assented to by the President. This month’s briefing will briefly […]