State-owned Tanzania Petroleum Development Corporation said it “regretted” the postponement of its fourth deep offshore bidding round, but said it needs to evaluate more data.
This round was planned to be launched this month, but has been put back to an unspecified date in 2012.
“The round has been postponed to give more time for preparations,” said TPDC. “This will include proper demarcation of new blocks using additional new seismic data.”
