Tanzania Petroleum Gets 9 Bids for Tanganyika Exploration

Tanzania Petroleum Development Corp., the East African nation’s state-owned oil company, received nine bids for oil and gas exploration in the Lake Tanganyika North region, it said today.

Companies that placed tenders, which closed on June 7, included Total E&P of France, U.K.-based Ophir Energy Plc, Canada’s Fort Calgary Resources Ltd. and the U.K.’s New Age Ltd., the Dar es Salaam-based company said in a statement on its website today.

Beach Energy Ltd. (BPT) and Swala Energy based in Australia, Texas-based Kosmos Energy Ltd. and ERHC Energy Inc. (ERHE) and a company called Adamantine, whose location wasn’t given, also bid, according to TPDC, as the Tanzanian company is known.

TPDC is evaluating the bids and will make a recommendation to the government before Sept. 7, it said.

To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net.

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