TANZANIA: Maurel & Prom S.A., Wentworth Resources Reach Agreement on Terms of a Recommended Acquisition of Mnazi Bay

Wentworth Resources plc and Etablissements Maurel & Prom S.A. (M&P) have announced that they have reached agreement on the terms of a recommended acquisition of the entire issued and to … Read More

TANZANIA: Wentworth Resources Provides Operational Update

Following record production achieved in 2021, Wentworth and its joint venture partners continued to realize strong production rates throughout 2022,recording an average production rate of 92 MMscf/d year to date. The five producing wells in the … 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: Mnazi Bay Produces Highest Gas Quarterly Performance Ever

Wentworth Resources and its joint venture partners achieved record quarterly production of 91.5 MMScf/d from the Mnazi Bay gas field in the fourth quarter of 2021 supported the steadily increasing … Read More

TANZANIA: Wentworth Expects to Achieve Milestone Average Production Rate for 2021 of over 80 MMscf/day

Following a successful first half of the year, demand for natural gas in Tanzania has again remained strong throughout the second half. This strengthening in demand in 2021 is due to sustained … Read More

TANZANIA: Wentworth and Vitol SA Partner to offset carbon emissions at Mnazi Bay from 2022

Wentworth Resources has announced it has entered into a Memorandum of Understanding with Vitol SA regarding the supply of carbon credits to partially offset the impacts of its emissions footprint … 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