Market News
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Aminex Boost ups Tanzanian Drilling Programme
Posted on :Tuesday , 1st October 2019
Aminex and ARA Petroleum LLC (ARA) two upstream oil and Gas Company have experienced upward movements in Tanzania with the government actively resolving several pending issues with other operator’s in-country.
Such effective steps taken are a great sign for Aminex’s Ruvuma project and provide confidence to the company and ARA who are now prepared to further advance ce. . .
African Oil & Gas Sector Holds Great Potential to Revive Economy
Posted on :Monday , 23rd September 2019
As African economies are experiencing a transformative period, the energy sector holds huge potential to revitalise African economies and empower the growth and development.NJ Ayuk derives how energy holds on the African dream.
In a very straight forward approach, the executive chairman of the African Energy Chamber briefs on the fortunes and misfortunes in Africa’s p. . .
GE Completes Gas Turbine Upgradation at Tanzania's Songas Ubungo Power Plant
Posted on :Tuesday , 1st October 2019
Songas Ubungo Power Plant supplies more than 20 percent of the grid connected power in Tanzania; upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability.
GE and Songas today disclosed they have successfully completed upgrades to the whole GE fleet of three LM6000PA and one LM6000PC gas turbines at the Songas Ubungo P. . .
Tanzania Foresee to Begin $30bn LNG Project Construction in 2022
Posted on :Monday , 24th June 2019
Tanzania has deals for a consortium of oil companies to start construction of the $30bn liquefied natural gas (LNG) project in 2022.The liquefied natural gas processing plant will be based in the Lindi region.
Regulatory barriers have delayed construction of an LNG export terminal near offshore natural gas discoveries to the south of the country. In March, the government declared that. . .
Canada To Support EAC Energy Sectors For Local Benefit
Posted on :Saturday , 11th May 2019
The East African Community (EAC) summons for extended support from Canada, one of the leading development partners to Africa. The community is specifically pressing for assistance in the infrastructure and trade sectors to help it gain its intergrated agenda.
Mr. Liberat Mfumukeko, the secretary general said, "There is an urgent need to upscale the EAC-Canada relations as well as C. . .
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