Statoil makes another high-impact gas discovery offshore Tanzania

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Statoil reports another high-impact gas discovery offshore Tanzania; the discovery in the Piri prospect is Statoil’s and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. Since 2012 we have had a 100% success rate in Tanzania and the area has become a core exploration area in a very short period of time. ExxonMobil Exploration and Production Tanzania Limited holds the remaining 35%.

Statoil announces another high-impact natural gas discovery offshore Tanzania

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Statoil announced its fifth discovery in Block 2 offshore Tanzania. We have initiated a new and ambitious drilling campaign offshore Tanzania following four successful discoveries during the first drilling phase. The Mronge-1 well discovered additional gas volumes and furthers the potential for a natural gas development in Tanzania. Statoil has been in Tanzania since 2007, when it was awarded the operatorship for Block 2.

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Statoil makes third gas discovery in deepwater offshore Tanzania

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Statoil’s Lavani-2 exploration and appraisal well has resulted in a new natural gas discovery offshore Tanzania. Tanzania currently has limited upstream gas activity, but the government has issued a number of exploration and production licences and is looking to become a new gas hub. Statoil and its co-venturer ExxonMobil Exploration and Production Tanzania Limited will announce updated total volumes in Block 2 next year.

Statoil and ExxonMobil announce large deepwater gas discovery offshore Tanzania

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Statoil and partner ExxonMobil have made a large gas discovery offshore Tanzania. Statoil announced on 17 February that the partnership had encountered indications of natural gas in the Zafarani exploration well in the Block 2 licence offshore Tanzania. This discovery could potentially be a catalyst for large scale natural gas developments in Tanzania. —Yona Killaghane, Managing Director of Tanzania Petroleum Development Corporation (TPDC).

Statoil and ExxonMobil report another large-impact gas discovery in deepwater offshore Tanzania

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Statoil and partner ExxonMobil report a large gas discovery (Lavani) in the Statoil-operated Block 2 licence offshore Tanzania. This is the second large offshore Tanzania discovery (Zafarani) reported by the partners. The results so far mark an important step towards a possible natural gas development in Tanzania. Map of the two offshore Tanzania discoveries. Statoil has been in Tanzania since 2007, when it was awarded the licence for Block 2.

Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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For example, Chinese negotiators do not want to sign up to an agreement that involves inspectors visiting their country to verify progress on climate commitments; While an eventual treaty would be likely to include a cap-and-trade system, under which the world’s bigger polluters would buy allowances from cleaner corporations or utilities, it is unclear how—or even if—it would work. International Finance Corporation; and. Perspective by Brian J. Donovan, CEO of Renergie, Inc.