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Swala Lifts Force Majeure On Kilosa-Kilombero

Swala Oil & Gas (Tanzania) plc has lifted the Force Majeure over the Kilosa-Kilombero licence announced to the market on…

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Swala Declares Force Majeure Under The Kilosa-Kilombero PSA After Lacking Necessary Approvals

Swala Oil & Gas has advised that the Kilosa-Kilombero Joint Venture have declared Force Majeure under the Kilosa-Kilombero Production Sharing…

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Swala Energy to pay Otto Energy $800,000 in Tanzania’s Pangani Settlement Agreement

The Federal Court of Australia has confirmed Swala’s obligation to pay Otto Energy (Tanzania) Pty Ltd the sum of $800,000…

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Swala Oil and Gas (Tanzania) reports $0.47M Loss in H1 2017 Results

Dar es Salaam stock exchange listed Swala Oil and Gas (Tanzania)  and a subsidiary of Swala Energy Limited. Swala Energy Limited…

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Swala Oil & Gas Plans Local Bond Offering in Tanzania and Uganda

East Africa’s first listed oil and gas company Swala Oil & Gas (Tanzania) Plc has said it  plans investor meetings…

Posted in Oil Politics Top News

Otto Energy, Swala Oil And Gas Agree On Tanzania Disputes

Otto Energy and Swala Oil and Gas (Tanzania) Plc have announced that they have entered into settlement and other commercial…

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Swala Oil and Gas Secures $130 million To Finance Tanzania Operations

Swala Oil & Gas (Tanzania) PLC has announced that it has entered into a letter of intent with a global…

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Otto Energy Doubtful of Kito-1 Drilling Until Disputes Are Resolved

Joint venture partner in the Kilosa-Kilombero license Australian explorer Otto Energy has poured cold water on the drilling of Kito-1…

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Swala Oil & Gas Issues Otto Energy With Notice Of Withdrawal in Tanzania

Swala Oil & Gas (Tanzania) plc  has advised that it has exercised its option under the Kilosa-Kilombero Joint Operating Agreement…

Posted in Oil Politics Top News

Swala Energy JV Partners Risk Losing Kilosa-Kilombero in Tanzania

Kilosa-Kilombero block operator Swala and joint venture partners Otto Energy, Tata Petrodyne and MV Upstream are in the risk of…