Time is ticking as we countdown to the bid deadline for the 1st Zanzibar Licensing Round. For further information, visit https://lnkd.in/eMP4B5sD #oilandgas #upstream #energy
Zanzibar aims to build a resilient economy for the benefit of its people through the sustainable development of its offshore petroleum resources, and welcomes responsible parties to engage in the Zanzibar 1st Licensing Round. ✔️ Just 7 weeks to go until the 16th December when bids need to be in! The Licensing Round offers a large frontier area with untapped oil and gas potential. The basin’s evolution dates back to Early-Mid Jurassic which is analogous to the adjacent prolific East African basins. The licensing round consists of 8 blocks of size between 2,846 km² to 5,666 km² situated within water depths between 500m and 3,000m. The blocks that will be offered under the 1st Licensing Round include Block 1-A, Block 1-B, Block 1-C, Block 1-D, Block 1-E, Block 1-F, Block 1-G, and Block 1-H. If you need any assistance or have questions about the process, feel free to reach out to the ZPRA team: info@zpra.go.tz. ➡️ https://lnkd.in/ezw2TY8B #upstream #oilandgas #licensinground #zanzibar #opportunity