The General Manager of ARA Petroleum, Mr. Erhan Saygi (at the right donned in black suit) presenting the company’s performance for the year 2021 and work plan and budget for the year 2021. On the left are some of PURA and TPDC staff following the presentation.
THE Petroleum Upstream Regulatory Authority (PURA) has kick-started a string of meetings with petroleum exploration and production companies operating in the country aimed at discussing companies’ work plans and budgets for the coming year. Through these meetings, the license holder (the Tanzania Petroleum Development Corporation – TPDC which is also the National Oil Company - NOC) and its partners (International Oil Companies – IOCs) are presenting the performance of the approved work plan and budget for the year 2021 and put forth the work plan and budget for the year 2022 for PURA’s approval.
Approval of the work plan and budget is one of the responsibilities conferred to PURA through section 12(2)(d) of the Petroleum Act, 2015. In addition, Regulation 32 through 39 of the Petroleum (Cost Recovery Accounting) Regulations, 2019 have put it succinctly clear the modalities of executing these annual work plans and budget meetings. The modalities cover a gamut from the establishment of the work plan and budget approval committee to the approval of the proposed work plan and budget.
Speaking at the opening of the first meeting held yesterday in Dar es Salaam, the chairperson of the approval committee Eng. Fabian Mwose from PURA explained that these meetings are crucial to both the Authority and companies since the parties get to dive deep into proposed activities thus bringing about a common understanding among them. “These meetings are fundamental in setting basis for monitoring of planned activities in the coming year. It is also an opportunity to discover implementation gap for the previous year and improve compliance in the subsequent year” Added Eng. Fabian.
This year’s meetings will see eight companies seeking the Authority’s approval of their plans, a critical step before implementing any activities in the subsequent year. These companies are Mourel and Prom Exploration Production T Ltd (Mnazi Bay and Bigwa Rufiji Mafia Blocks); PanAfrican Energy Tanzania Ltd (Songo Songo Block); Equinor Tanzania AS (Block 2); ARA Petroleum (Ruvuma Block); Swala Oil and Gas (Kilosa Kilombero Block); TPDC (Mnazi Bay North Block; Shell Exploration and Production Tanzania Limited (Block 1 & 4); Ndovu Resources Limited (Nyuni and Kiliwani North Blocks). The Ministry of Energy is taking part in these meetings as an observer and TPDC as a license holder, is a partner in every block and therefore appears in meetings for all blocks.
The Chairman of the Annual Work Plan and Budget Committee Eng. Fabian Mwose (appearing in dark blue suit at the right) following closely the presentation Mr. from ARA country’s Manager. The lady in red is TPDC’s Exploration Manager, Ms. Venosa Ngowi.
The General Manager of Mourel and Prom Mr. Nicholas Engel from (in deep blue suit at far right); The Country Manager of Wentworth Resources, Mr. Richard Taiton (in long sleeved white shirt); and Mr. Anatory Mweyo (with specs seated next to Taiton), the Project Manager from Mourel among others, listening to the Chair speaking in that meeting.
A section of PURA staff following keenly the presentation which were being delivered during the session.
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