Tanzania to start Advanced Oil search in Lake Tanganyika

Tanzania Petroleum Development Corporation (TPDC) will start an advanced search for oil in Lake Tanganyika, Uganda Oil has learnt. From its first stages of surveys across Lake Tanganyika waters, TPDC believes that a greater part of the the lake  contains abundant oil resources. The authority harbored interests in making advanced search in the second largest freshwater

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African Institute For Energy Governance tasks Uganda Presidential candidates to address anomalies in the Oil Industry

The African institute for Energy governance (AFIEGO) called on Uganda presidential candidates to address themselves on anomalies surrounding the oil industry. The Organisation highlighted a number of issues including; ensuring that the Ministry of Energy and mineral development puts in place the local content policy as prescribed in the National Oil and Gas Policy (NOGP) 2008, Ensuring

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Tullow announce Farm-down in Kenya, expects to make Final Investment Decision in Uganda in 2017

British-African Giant Tullow Oil Plc has expressed optimism about the status of its development projects in East Africa saying it’s nearing Final Investment Decision (FID) The revelations are contained in the Company’s November Trading update, which details the current project status and the business projection of the last quarter of the company’s Financial year. Tullow

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Oil and gas Activity Glossary: Definition of Major Terms Used

2C: Best estimate 2D: Two dimensional 2P: Proven and probable ACQ: Annual Contract Quarterly Appraisal Well: Well drilled after the discovery of oil or gas to establish the limits of the reservoir, the productivity of wells in it and the properties of the oil or gas. See also development well Barrel: (bbl: barrel; mmbbls: million barrels) a unit

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