14th Jul 2026 16:57
Aminex PLC - oil and gas company with operations in Tanzania - Says ARA Petroleum Tanzania Ltd, the operator of the Ruvuma production sharing contract and the Ntorya development, is requesting amendments to the 2026 work programme and budget, including "a significant reduction in the 2026 work programme & budget that will result in a delay to the production of first gas and the drilling of the Chikumbi-1 well." That follows a change of management at ARA Petroleum LLC, and a technical appraisal of the Ntorya development. Aminex says the proposals have not been approved by it nor by Tanzania Petroleum Development Corp, alias TPDC, which was also requested to accept the amendments. Read More