Market News
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Oman Oil Marketing Company to expand its operations in Saudi Arabia and Tanzania
Posted on :Monday , 18th February 2019
In 2018, OOMCO came up with its first mega station in Dammam, Saudi Arabia. The 40,000 square meter facility includes cafes, rest areas and five-star automated car washes.
Oman Oil Marketing Company (OOMCO) has declared a plan to extend its operations in Saudi Arabia and Tanzania.
Irish oil & gas explorer Aminex to boost up its work in Tanzania
Posted on :Friday , 15th February 2019
Irish oil & gas explorer Aminex has raised £1.85m (€2m) in share capital to boost up its work in Tanzania. The company provided 127,226,781 ordinary new shares at a placing price of Stg 1.45p per share.
Funds raised by the group will be used to speed up development over its Kiliwani development in Tanzania, as it takes advantage of debilitated market conditio. . .
Uganda-Tanzania to settle 'the joint pipeline project from Hoima to Tanga'
Posted on :Monday , 21st January 2019
Uganda and Tanzania signed an agreement in May 2017 to together develop the $3.5 billion pipeline that has been represented as the longest electrically heated crude oil pipeline in the world.
The National Project Co-ordinator for Tanzania from the Ministry of Energy, Salum . . .
Regular shipping line for the transport of goods between the port of Zarzis and the Italian port of Marina di Carrara
Posted on :Thursday , 17th January 2019
The new maritime link could be a continuation of the expertise of normal services between the Italian ports of dock di Carrara and Cagliari, on the one hand, and therefore the ports of Susah, Zarzis and Safaqis, that carry over two hundred thousand tonnes of products.
A regular shipping line for the transport of products between the port of Zarzis and therefore the Italian port . . .
Swala Oil & Gas (Tanzania) plc received an initial investment of US$30 million from Energy Tanzania Limited (ETL)
Posted on :Wednesday , 9th January 2019
Energy Tanzania Limited (ETL) is owned by Dr. Reginald Mengi, the well-known Tanzanian entrepreneur and philanthropist. It has been announced by Swala Oil & Gas (Tanzania) plc that they have entered into an ultimate agreement for an initial investment of US$30 from Energy Tanzania Limited. Next
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