Tanzania sanctions Nyuni deepwater switch

Tanzania’s authorities have approved altered terms for the Nyuni offshore production-sharing agreement.

Offshore staff

LONDONTanzania’s authorities have approved altered terms for the Nyuni offshore production-sharing agreement.

This allowsAminex to pursue a 3D seismic survey over the deepwater sector instead of the prior commitment for 2D seismic over the shallow zones.

Aminex plans to acquire 700 sq km (270 sq mi) of 3D data, and now has authorization to defer the commitment well into the next exploration phase, due to expire in late 2019.

04/26/2016

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