Tagged Tanzania

Ocean Rig drillship to work for Statoil off Tanzania

Rate this article By _Offshore_Energy_Today_ Ocean Rig, an international offshore driller, has signed a drilling contract with Statoil for a one-well drilling program offshore Tanzania. Ocean Rig said on Friday that the contract was expected to begin in the first quarter of 2018. The company added that the drilling operations would be performed by the…

DW: Will demand for local content undermine cost cuts drive?

Rate this article By Offshore Energy Today.. Brazil and Tanzania are two countries at very different stages of oil and gas development, Douglas-Westwood said in its DW Monday report. Brazil is a well-established powerhouse, reeling from a recent corruption scandal, while Tanzania is at the early stage of development after a series of promising discoveries…

Agreement on Tanzanian LNG project to be reached by 2018

Rate this article By LNG World News An agreement between the Tanzanian government and the international majors looking to build a US$30 billion LNG export project, could be reached in 2018. Talks on the host government agreement began in September 2016 and the negotiations are expected to last a year and a half, Kapuulya Musomba,…

Shell comes up dry offshore Tanzania

Rate this article By Offshore Energy Today.. Oil major Shell has completed the drilling of two exploration wells in Block 1 and 4, located in the Mafia Deep basin, off Tanzania. No hydrocarbons were found as a result. Shell is the operator of these two blocks with 60% interest and Ophir Energy is its partner…

Report: Tanzania LNG FID to take five years at least

Rate this article By LNG World News Oystein Michelsen (Image courtesy of Trond Isaksen/Statoil)Reaching the final investment decision on Tanzania’s LNG export project will take at least five more years, according to Statoil’s Tanzania country manager Oystein Michelsen. The company is settling for the project to take a while, Michelsen told Reuters, adding that once…