Blog
TANZANIA’S OIL EXPLORATION PROJECT ENTERS SECOND PHASE.
The Eyasi–Wembere oil and gas exploration project has entered its second phase, using explosives in Lake Eyasi to acquire 2D seismic data across 914 kilometres, with significant local participation. Research since 2015 confirms the presence of oil and gas in the basin, highlighting its commercial viability and Tanzania’s growing frontier in the petroleum sector.
- 10 months, 2 weeks
EYASI-WEMBERE OIL PROJECT RECRUITS OVER 2,000 LOCALS.
The Eyasi–Wembere oil and gas exploration project has recruited thousands of Tanzanians, especially local youths, to participate in seismic surveys and other project activities, providing both employment and economic benefits to surrounding communities. PURA oversees the project to ensure compliance with national energy policies and promotes local content, allowing Tanzanians and national enterprises to actively participate in the petroleum upstream industry.
- 10 months, 2 weeks
MUBADALA AND ACTIS TO INVEST IN CLEAN ENERGY PRODUCER.
Abu Dhabi’s Mubadala Investment Company has teamed up with UK-based private equity firm Actis to invest €300 million ($352 million) in Rezolv Energy, a clean energy producer headquartered in Romania.
- 10 months, 2 weeks
TURKEY TO POWER UP ELECTRICITY STORAGE.
Turkey is set to accelerate the deployment of new electricity storage capacity as part of efforts to strengthen domestic energy security and respond to rising power demand from its rapidly expanding technology sector.
- 10 months, 2 weeks
NAMIBIA LAUNCHES NATIONAL ENERGY COMPACT.
Namibia is making steady progress toward Mission 300 a global initiative led by the World Bank Group and the African Development Bank following the official launch of its National Energy Compact.
- 10 months, 2 weeks
OMAN STEPS UP DRIVE FOR RENEWABLE ENERGY.
Oman’s Sultan Haitham bin Tariq has emphasized the need to prioritize renewable energy as a cornerstone of the country’s economic diversification strategy.
- 10 months, 2 weeks
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