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FIRST E&P, TPDC SIGN DEAL TO DEVELOP OIL BLOCK IN TANZANIA.
First E&P and TPDC have signed a deal to jointly develop the Mnazi Bay North oil block in Tanzania. The agreement marks a significant step towards boosting Tanzania’s energy sector and regional gas potential.
- 1 year
NORWAY’S VÅR ENERGI STRIKES NEW OIL AND GAS DISCOVERY IN NORWEGIAN SEA.
Norway’s energy sector has received a fresh boost as Vår Energi announces a significant oil and gas discovery at the Vidsyn prospect in the Norwegian Sea. The find, estimated to hold up to 40 million barrels of oil equivalent, strengthens the country’s upstream momentum and opens fresh possibilities for faster field development through existing infrastructure. The discovery could prove pivotal in enhancing supply security, investment returns, and reinforcing Norway’s role as a key energy supplier to Europe.
- 1 year
NEW FORTRESS ENERGY DEPLOYS SECOND FSRU TO EGYPT.
New Fortress Energy Inc., through one of its subsidiaries, has signed a five-year agreement with the Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Energos Winter, a 138,250 m³ floating storage and regasification unit (FSRU).
- 1 year, 1 month
BLACKROCK-LED GROUP TO INVEST $10BN IN ARAMCO GAS PROJECT.
A group led by U.S. asset manager BlackRock is reportedly in talks to invest around $10 billion in infrastructure tied to Saudi Aramco’s $100 billion Jafurah shale gas project.
- 1 year, 1 month
AMINEX ANNOUNCES MAJOR MILESTONE IN NTORYA GAS PROJECT IN TANZANIA.
Aminex has announced that construction of the pipeline from the Ntorya gas field to Madimba will begin in July 2025 and be completed by July 2026. The project is expected to be a gamechanger for Tanzania’s energy sector, bringing gas to power homes, industry, and reduce dependence on dirty fuels.
- 1 year, 1 month
TANZANIA GAINS BILLIONS FROM EACOP PROGRESS.
Tanzania has earned over TSh 50 billion from the EACOP project, which is now 64.5% complete with 1,147 km of the pipeline running through the country. The government has already invested TSh 1.3 trillion, creating over 1,200 local jobs, and expects more economic benefits as the USD 5 billion project nears completion.
- 1 year, 1 month
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