Market News | Oil & Gas Tanzania 2021

Market News

  • Tanzania to Resume Oil & Gas Negotiations in 2021

    Posted on :Monday , 11th January 2021

    The Tanzania Petroleum Development Corporation (TPDC) is optimistic that the Host Government Agreement (HGA) negotiations between the government and International Oil and Gas Companies on the liquefied natural gas will resume in January 2021.

    This is after they stalled for about a year after the decision of the Government to review the Production Sharing Agreements (PSAs). According to r. . .

  • PETRO NIKAN ALBORZ TO PUT UP THEIR STAND AT THE OIL AND GAS TANZANIA FROM 24TH TO 26TH MARCH 2021

    Posted on :Tuesday , 22nd December 2020

    Petronikan Alborz has signed up as an exhibitor at the 06th Oil & Gas Tanzania Exhibition which is schedules to be held at diamond jubilee Expo center, Dar es Salaam from 24th to 26th March 2021.

    The 06th Oil & Gas Tanzania Africa - Int'l Trade Exhibition will be the hub for key players in the Oil and Gas industry, attracting leading oil, gas and petroleum companies from around t. . .

  • GLOBAL MANUFACTURER PORTWEST TO EXHIBIT AT TANZANIA OIL AND GAS EXHIBITION

    Posted on :Monday , 21st December 2020

    Portwest is a global manufacturer and innovator of workwear, safetywear and PPE. Established in 1904, Portwest is the fastest growing workwear company in the world with a global distribution network and customer service staff in over 130 countries. Portwest is a family owned business and continues to be managed by the 3rd generation of the Hughes Family. Innovative production and design by an i. . .

  • African Countries Agree to Strengthen Cooperation on Geothermal Production

    Posted on :Monday , 16th November 2020

    More than 500 experts, governments, civil society, academia and private sector representatives from Africa and other regions have agreed on the agenda for regional cooperation and accelerated geothermal growth in Africa, as concluded by the Eighth African Rift Geothermal Conference (ARGEO C8) on 6 November.

    Participants acknowledged the need for capacity development for geothermal practi. . .

  • UK’s Aminex Company Announces Successful Completion of Ruvuma Farm- Tanzania

    Posted on :Tuesday , 27th October 2020

    Upstream oil and gas company Aminex, has declared completion of the Ruvuma farm-out through its entire subsidiary, Ndovu Resources, transferring 50% interest in, and operatorship of the Ruvuma PSA to ARA Petroleum Tanzania Limited.

    Over the past 12 months, the company has borrowed $3 million from ARA Petroleum which has now been compensated to ARA by means of US$5 million cash considerat. . .

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