Norad advises Tanzania on oil, keeps Statoil at arm’s length

Business September 06, 2012

Tanzania is on the brink of becoming an oil and gas nation. As it seeks Norwegian assistance in designing legal and policy frameworks to handle this new wealth, Statoil is set to reap the benefits from two historic offshore finds.

The drillship Ocean Rig Poseidon and support vessels at Zafarani exploration well off Tanzania. Photo: Statoil / Heine Melkevik

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