EXPLORATION

Shipping family backs Tanzanian wildcat

PARTNER Swala Energy might be in dire financial straits, but that hasn't stopped Otto Energy attracting a partner for the drilling of the Kito-1 wildcat well in Tanzania next quarter.

MV Upstream Tanzania, a joint venture between linked Greek concerns Vegas Oil & Gas and Motor Oil Hellas, will take a 25% interest in the well, from Otto's initial 50%. Under the terms of the farm down...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry