Tanzania: Schlumberger to Invest More Next Year
SCHLUMBERGER’S local expenditure is to grow by US$ 6 million next year following the company’s plans to increase it from $9m in 2012 to $15 m in 2013.
The company’s official plans show they would set out to engage with companies that support local businesses, and in so doing, to make a worthwhile contribution to the economy.
Tanzania: Natural Gas Industry Will Fuel Economic Development
Tanzania is a blessed country with natural resources which could make any developing country green with envy and the discovery of natural gas is one example of the richness of the country.
South Sudan to Resume Oil Production
Khartoum – The president of South Sudan Salva Kiir declared that his country’s oil production will be restarted next week after nearly a year of suspending it over a dispute with Khartoum on fees that should assessed for exporting the crude through the north’s pipelines.
Kiir made the announcement during a meeting he held today in Juba with visiting Kenyan deputy Prime Minister Uhuru Kenyatta.
New drilling planned in Ethiopian concession
Global oil and gas exploration company Tullow Oil Plc is to start drilling on the Ethiopian concession it has in South Omo Valley, Southern Regional State next January.
London-based Tullow has concession rights in 23 countries including three African counties, Ghana, Kenya and Uganda.
