Tanzania to hold licensing round in October

TanzaniaThe Government of the United Republic of Tanzania through Tanzania Petroleum Development Corporation (TPDC) announced the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round.

The 4th Tanzania Offshore Licensing Round that was delayed in September 2012 will now be launched on 25th October 2013 during the 2nd Tanzania Oil and Gas Conference and Exhibition that will be held from 23rd to 25th October 2013. The Conference will take place at the Mwalimu Nyerere International Conference Centre located in the city of Dar es Salaam, Tanzania. The bid round will be closed on Thursday 15th May 2014 in Dar es Salaam.

The round  includes the deep offshore sedimentary basins comprising of seven deepsea blocks (each of average size of 3000sq. km Blk4/2A, Blk4/3A, Blk4/3B, Blk4/4A, Blk4/4B, Blk4/5A, Blk4/5B) that are located between 2000m to 3000m of water depths from 40°30’E to 41°40’E and 7°30’S to 9°00’S and North Lake Tanganyika block located offshore in the western arm of the East African Rift System. The two Deep offshore Blocks 4/1B and 4/1C are reserved for Government where TPDC will be allowed to execute a different exploration approach using a strategic partner to be competitively sourced. The deep offshore blocks have good coverage of modern regional 2D seismic data which can be viewed at ION GX Technology of Houston, Texas and WesternGeco of UK.

Lake Tanganyika is the world's longest (650 km) and second-deepest (1,500m) is covered by sparse 2D seismic data which were collected in the 1980s during the African Lakes Drilling Project. The data and copy of report is available at TPDC.

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