China Ocean Petroleum Co., Ltd. (CNOOC, referred to as CNOOC) is planning to cooperate with Tanzania Petroleum Development Corporation (TPDC) for maritime oil and gas exploration.

According to Bloomberg News on Thursday (June 22), Tanzania Minister of Energy Makamba said that cooperation will be held in the deep sea 4/1b and 4/1C blocks owned by TPDC.The area is located near a large natural gas field found by the National Petroleum Corporation of Norwegian National Petroleum Corporation, Shell and Ex Sen Mobil.Receiving station.

Makhaba said on the phone on Wednesday (21st) after the talks with senior CNOOC officials that Tanzania and CNOOC are still discussing an agreement, that is, before the new round of licenses will be issued next year.Unsalented blocks for earthquake research.

Tanzania hopes to launch a round of oil and natural gas permits in the first quarter of 2024 to attract more investors, which coincides with the diversification of energy supply in European countries and reduce its dependence on Russia's natural gas.The African oil and gas resource exploration increased steadily after falling into a low tide in 2020. At that time, there was only one oil well in African waters.

Samia Suluhu Hassan, the President of Tanzania, restarted the negotiation with major oil companies on the LNG receiving station of the land and implemented economic reforms.Related negotiations ended in May and paved the way for the signing of the project agreement.