| Lavoc.
Zanzibar Offshore Oil & Gas Exploration - 1st Licensing Round
Revolutionary Government of Zanzibar has launched its first licensing round, inviting bids for eight blocks offshore the insular semi-autonomous region of Tanzania.
The basin’s evolution dates back to Early-Mid Jurassic which is analogous to the adjacent prolific East African basins.
The licensing round consists of 8 blocks of size between 2,846 km² to 5,666 km² situated within water depths between 500m and 3,000m. The blocks that will be offered under the 1st Licensing Round include Block 1-A, Block 1-B, Block 1-C, Block 1-D, Block 1-E, Block 1-F, Block 1-G, and Block 1-H.
The deadline for bid submission and Licensing Round closure is set for 16th September 2024. Zanzibar invites companies to participate in the Zanzibar 1st Licensing Round by engaging in this process.
A variety of datasets from different vintages are available to license through our exclusive data provider, SLB. The majority of the datasets have been processed through depth migration and has available AVO ready products. The data provides valuable insight into the basin’s potential and support the de-risking of the exploration in a largely under-explored basin.
Our Services for Zanzibar's Licensing 1st Round
Market Entry & Setup Services
Due Diligence, Financial & Investment Services
Government Affairs & Regulatory Services
Operational & Post Setup Support
RBridge Group is proud to partner with Lavoc, a distinguished firm based in Tanzania, renowned for its expertise and integrity. Lavoc is spearheaded by a team of professionals who bring extensive experience from leading Big Four accounting firms. This background ensures a deep understanding of international and local business practices and standards, which is critical for navigating the complexities of the Tanzanian market.
Together, RBridge Group and Lavoc are committed to facilitating successful business ventures and investments in Tanzania's real asset sectors, providing our clients with the confidence of local expertise combined with international commodity marketing and trade finance expertise, needed to thrive in this dynamic economic landscape.
Local Expertise
Rbridge Group and Lavoc, a premier consulting firm based in Tanzania, work in partnership to assist international companies entering the Tanzania natural resources and real estate sector. Lavoc is powered by a cadre of professionals who possess rich backgrounds from the Big Four accounting firms. This depth of experience ensures a nuanced comprehension of both international norms and local business practices.
From facilitating the initial market entry and navigating regulatory landscapes to optimizing investment strategies and enhancing operational efficiencies, our services are tailored to support the unique needs of companies venturing into East Africa.
In Zanzibar, where emerging opportunities in the oil and gas sector present both potential rewards and challenges, we are committed to creating value for our clients and contributing positively to Zanzibar's growth.
Unique Aspects of Zanzibar
Promising Geological Environment
The region is characterized by a presence of deeper buried mud stones and clay shale as source rocks of Middle Jurassic, upper cretaceous, Paleocene and Eocene epochs; with sequences of limestone, sand and carbonates beds of Eocene and Oligocene as excellent reservoirs and possible cap rock from inter-bedded mudstones and shale sections of upper cretaceous, Paleocene and Eocene origin and possibilities of structural traps generated by faults. These environments are believed to be favorable for the existence of source rocks, reservoirs and seal rocks for potential hydrocarbons occurrence in the area. However, the presence of extensive faults may either be advantageous for development of structural traps or provide migration paths.