Production Engineering: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Orca Exploration Announces Approval Of 2009 Capital Program

Source: www.gulfoilandgas.com 12/15/2008, Location: Africa

Share |

Orca Exploration Group Inc announces that the Board of Directors has approved a US$11 million capital program for its gas asset in Tanzania in 2009. The end of 2009 will allocate the majority of the capital to the expansion of Orca’s downstream distribution systems so as to increase the sale of gas to the industrial customers in Dar es Salaam and Morogoro by a forecast 5 mmscf/d. It will include the construction of 10 kilometers of additional low-pressure pipeline, the installation of a new pressure reduction station at the cement producer, Tanzania Portland Cement Company, and the expansion of Orca’s compressed natural gas facilities.

Orca will fund this capital program from internally generated cash flow while increasing its current cash deposits of US$10 million over the course of the year.

The demand for natural gas continues to grow in Tanzania and Orca remains committed to identify ways to increase reserves, expand markets, reduce costs.

Production Engineering News in Tanzania >>

SembCorp Wins $600m FPSO Conversion Contract Offshore Angola
Angola >>  7/21/2014 - Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth abo...
Africa Oil Supply in July 14
Sudan >>  7/21/2014 - Africa’s oil production in 2014 is forecast to average 2.47mb/d, an increase of 60 tb/d over 2013. Oil supplies from Chad, Equatorial Guinea and the S...

Foster Awarded FEED Contract in Libya
Libya >>  7/17/2014 - Foster Wheeler AG a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has ...
KCA Deutag Secures $170m Rig Contract Offshore Angola
Angola >>  7/16/2014 - International drilling and engineering contractor, KCA Deutag, has been awarded a $170m contract by Sonangol Pesquisa e Producao, S.A., for the provis...

Saipem Wins $600m FPSOs Contracts in Brazil and Angola
Angola >>  7/15/2014 - Saipem has been awarded contracts for the extension of leasing and upgrading works of the Cidade de Vitoria FPSO (Floating Production Storage and Offl...
Egypt Gas Puzzle: Is Cyprus the “Blowout Preventer” for East-Med?
Egypt >>  7/9/2014 - A blowout preventer is a device used to avoid a potentially catastrophic event known as a blowout and to control extreme pressures emanating from oil ...



Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management  Training & Education 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management  Training & Education 


Tanzania Oil & Gas 1 >>  2 | 3 | 4 |


More News

Oil & Gas Companies in Tanzania >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us