Search results
Results from the WOW.Com Content Network
The Tanzania Petroleum Development Corporation (Swahili: Shirika la Maendeleo ya Petroli Tanzania) is the national oil company of Tanzania and owner of all licenses for energy development in the country. The company was established through the Government Notice No.140 of 30 May 1969 under the Public Corporations Act No.17 of 1969.
As of September 1 2023, the ministry has been headed by Hon. Dkt Doto Mashaka Biteko, who is the Deputy Prime Minister and Minister of Energy, Hon. Judith Salvio Kapinga as the Deputy Minister for Energy and Engl. Felschemi Jossen Mramba as the Permanent Secretary.
The state can agree with the licensees to take it in kind or in cash. This arrangement applies to both crude oil and to natural gas, both in concessionary and contractual license systems. Production shares. The body of a production sharing contract layouts the production share between the contractor(s) and the state or its state-owned oil ...
Bank of Tanzania; Economic and Social Research Foundation (ESRF) Parastatal Sector Reform Commission; Public Service Pensions Fund (PSPF) National Social Security Fund (NSSF) Tanzania Revenue Authority (TRA)
About 10% of the nation's oil and gas comes from drilling on federally owned land. An oil and gas industry trade group warned that higher costs to extract fuels from federal lands could boost U.S ...
The completion of the Mtwara–Dar es Salaam Natural Gas Pipeline, with commissioning in October that year ensures a constant supply of natural gas to meet generation requirements of the large gas power stations in the country's largest city. The Tanzanian government aims to reach generation capacity of at least 5,000 megawatts in the medium ...
Blocks are awarded on the basis of the work programme bid by the participants. The UK government has actively solicited new entrants to the UKCS via "promote" licensing rounds with less demanding terms and the fallow acreage initiative, where non-active licences have to be relinquished. Norway - The Norwegian Petroleum Directorate [2] grants ...
Feb. 20—A federal grand jury has indicted a Farmington woman who owns oil and gas companies on suspicion of defrauding the U.S. government, Navajo Nation and Jicarilla Apache Nation of oil and ...