Zanzibar Extends 1st Licensing Round Deadline

Wednesday, June 12, 2024

The government of Zanzibar announced that the deadline for the submission of proposals for the eight offshore oil and gas blocks on offer has been extended until December 16, 2024, giving interested parties an additional three months to prepare.

The announcement by Minister Shaaban Ali Othman, from the Ministry of Blue Economy and Fisheries stated, “following our promotion campaigns around the world to attract potential investment, we revealed that the time limit for bid submission was not favorable for many IOCs.”

The announcement included a link to the new licensing round schedule found here.

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