Statoil $1.2 Billion Tanzania Find: What next?
Statoil ASA and Exxon Mobil Corp.\’s largest gas discovery off Tanzania may hold crude oil or natural-gas liquids, opening a new “play” in East Africa, Norway\’s biggest oil producer said. Statoil announced on February 17 that the partnership had encountered indications of natural gas in the Zafarani exploration well in the Block 2 licence offshore Tanzania. The logging results…
