TPDC to enter next phase of Eyasi-Wembere oil exploration in June
Tanzania, May 19 -- Dar es Salaam. The Tanzania Petroleum Development Corporation (TPDC) is set to enter the next stage of oil and gas exploration at the Eyasi-Wembere block next month after the ongoing geophysical survey reached 78 percent completion.
The state-owned energy firm said the current seismic data acquisition phase, which forms the first stage of the multi-phase exploration programme, is expected to be completed by June this year before the project advances to further analysis and drilling preparations.
The Eyasi-Wembere exploration project, which started in 2015, has so far cost Sh47.47 billion, fully financed by TPDC, the agency said in a statement.
The programme is being implemented in five phases, with the current stage...
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