TPDC dismisses claims Tanzania will lose $1billion annually from gas sales

The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, … Read More

Mozambique and Tanzania sign MoU to cooperate in hydrocarbon sector

The Tanzanian Petroleum Development Corporation (TPDC) and The Mozambique National Petroleum Institute (INP have signed a memorandum of understanding that will enable both eastern African countries partner in issues related … Read More

Statoil, ExxonMobil makes another high-impact gas discovery offshore Tanzania

[twitter-follow screen_name=’oilnewskenya’] The discovery in the Piri prospect is Statoil and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. The discovery of an additional … Read More

Tanzania to Review Gas-Drilling Deals

All contracts held by oil and gas exploration companies in Tanzania will be reviewed at the end of the year as the country revamps laws regulating the sector that has … Read More