TANZANIA: Ruvuma Gas Sales Agreement Signed

Aminex PLC has announce that a gas sales agreement (GSA) for the sale of gas from the Ntorya location was signed by the Company’s subsidiary, Ndovu Resources Limited, together with … Read More

TANZANIA: ARA Petroleum to Delay Spudding of Chikumbi-1 as 3D Seismic Processing & Interpretation Continues

Aminex reports that has been informed by ARA Petroleum Tanzania Limited (APT), theOperator of the Ruvuma PSA, of a further delay to the spudding of the Chikumbi-1 well (CH-1). Aminexis … Read More

TANZANIA: Scirocco Energy Divest its Interest in the Ruvuma Asset

Ruvuma Transaction Highlights Total consideration of up to US$16 million comprised of: Initial consideration of US$3 million payable on completion of the Proposed Transaction; US$3 million payable upon final investment … Read More

TANZANIA: ARA Commences 1st Phase of the Ruvuma PSA 3D seismic project

ARA Petroleum Tanzania Limited (APT) has confirmed that the seismic contractor commenced preparatory works as planned on 15 November 2021, has now established the GPS control points and survey equipment … Read More

TANZANIA: Africa Geophysical Services Lands Ntorya Seismic Acquisition Contract

Aminex has announced that the Ruvuma joint venture has awarded the seismic acquisition contract to Africa Geophysical Services Limited. The award follows an extensive tendering exercise conducted by ARA Petroleum … Read More

TANZANIA: ARA Petroleum to Commence Contracting & Procurement Ahead of Ntorya Gas Discovery 3D Seismic Programme

APT has notified the joint venture that it intends to commence immediately with the contracting and procurement of services and equipment to execute a 3D seismic programme over the Ntorya … Read More

ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-Out

ARA Petroleum Tanzania an affiliate of Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma PSA after Ndovu Resources signed a binding farm-out agreement with the … Read More