News

Statoil and co-venturer ExxonMobil announced their third high impact discovery in Block 2 offshore Tanzania in a year.

Mar 18, 2013 The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF. The Tangawizi-1 discovery was made in sandstone of tertiary age. The new discovery is located 10 kilometres from the Zafarani and Lavani discoveries. It is located in water depth of 2,300 metres and was drilled by the Ocean Rig Poseidon drilling rig. Statoil and co-venturer ExxonMobil are also working to mature additional prospects in Block 2 and have recently acquired 3D seismic data in areas of Block 2 so far covered only by 2D seismic. The Tangawizi-1 discovery is the venture