Tata Petrodyne seals farm-out transaction with Swala Energy after payment of $5.7 million

Swala Energy Limited has confirmed that US$5.7 million has been received from Tata Petrodyne Limited (TPL) pursuant to the farm-out transaction with TPL for the Kilosa-Kilombero and Pangani licences in … Read More

CEOs of World’s largest Oil and gas companies jointly declare action on climate change

The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly … Read More

Uganda, Tanzania and Total E&P Uganda sign MoU on crude oil export pipeline framework

Government of the Republic of Uganda, the Government of the United Republic of Tanzania, the Tanzanian Petroleum Development Corporation and Total E&P Uganda have a today signed a Memorandum of … Read More

Uganda issues bid documents to 16 companies under the First licensing round

The Government of Uganda (GOU) through the Ministry of Energy and Mineral Development has issued the bidding document to the 16 Qualified Applicants which were successful following the evaluation of … Read More

Swala Energy Completes Farm-Out Of Tanzania’s Kilosa-Kilombero And Pangani Licence Interests To TPL

Swala Energy has announced that its subsidiary Swala Oil and Gas (Tanzania) Plc and Tata Petrodyne Limited (TPL) have finalised the outstanding terms of their farmout agreement for the Kilosa-Kilombero … Read More

Uganda’s Oil Revenue Management Framework is a Solid Start, but Not Nearly Enough

Source: resourcegovernance.org Earlier this year, Ugandan President Yoweri Museveni signed the Public Finance Management Act (PRMA) 2015 into law and created one of the world’s newest sovereign wealth funds. While the law … Read More

Tanzania President set to launch Gas Processing Facility and Pipeline at Mtwara

Tanzania President Jakaya Kikwete is this week expected to launch gas processing facility and pipeline from Mtwara through Songo songo to Dar es Salaam according to Tanzania Petroleum Development Corporation … Read More