Buy Our Writers A Coffee

Subscription Amount. Min £2

 

London-listed Aminex on September 24 said that the Ruvuma joint venture in Tanzania has awarded the seismic acquisition contract to Africa Geophysical Services (AGS).

The company said that the joint venture has been able to take advantage of favourable market conditions securing a lump-sum contract considerably below the expected budget for the activity.

AGS intends to start activities in the Ntorya location from next month. The acquisition will consist of approximately 338 km² of 3D seismic data focusing on the area of primary interest. It will focus on the proposed location for the Chikumbi-1 well, Amines said.

“The Ntorya gas development is now entering a period of operational activity through the acquisition of 3D seismic and well execution that represent major steps towards monetising this large gas resource into existing infrastructure and an established market in Tanzania,” Aminex executive chairman Charlie Santos said.

Under the farm-out agreement completed with Omani-owned ARA Petroleum Tanzania in October 2020, Aminex is carried for its 25% participating share of the associated field development costs up to $35mn, equivalent to gross development expenditure of $140mn.

Ruvuma joint venture comprises ARA Petroleum, which is the operator, Aminex and Scirocco Energy. - SHARDUL SHARMA, Natural Gas World

About IEA Media Ltd

Informer East Africa is a UK based diaspora Newspaper. It is a unique platform connecting East Africans at home and abroad through news dissemination. It is a forum to learn together, grow together and get entertained at the same time.

To advertise events or products, get in touch by info [at] informereastafrica [dot] com or call +447957636854.
If you have an issue or a story, get in touch with the editor through editor[at] informereastafrica [dot] com or call +447886544135.

We also accept donations from our supporters. Please click on "donate". Your donations will go along way in supporting the newspaper.

Get in touch

Our Offices

London, UK
+44 7886 544135
editor (@) informereastafrica.com
Slough, UK
+44 7957 636854
info (@) informereastafrica.com

Latest News

24
Jan2021

Microsoft admits it...

This combination of file photos created on November 5, 2020 shows the PlayStation logo (top) on dis...

03
Feb2021

Tech CEOs including...

Jeff Bezos. MANDEL NGAN/AFP via Getty Images Jeff Bezos will step down as Amazon CEO in Q3 2021, th...

08
Feb2021

Kenyan Woman’s Start...

Photo UNEP/YouTube An absolutely brilliant young woman in Kenya has started a company manufacturing...

22
Feb2021

Nigeria’s ‘Techprene...

As recently as 10 years ago, Africa’s technology industry was sparse. But as a result of advancement...

For Advertisement

Big Reach

Informer East Africa is one platform for all people. It is a platform where you find so many professionals under one umbrella serving the African communities together.

Very Flexible

We exist to inform you, hear from you and connect you with what is happening around you. We do this professionally and timely as we endeavour to capture all that you should never miss. Informer East Africa is simply news for right now and the future.

Quality News

We only bring to you news that is verified, checked and follows strict journalistic guidelines and standards. We believe in 1. Objective coverage, 2. Impartiality and 3. Fair play.

Banner & Video Ads

A banner & video advertisement from our sponsors will show up every once in a while. It keeps us and our writers coffee replenished.