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Energy

Aminex PLC AEX View profile

Aminex targets December first gas as Ntorya activity ramps up

Off Shore Oil Rig, Huntington Beach CA — Credit: Arvind Vallabh by Unsplash
Arvind Vallabh by Unsplash

Aminex, the AIM-listed oil and gas group, has set out a busy work programme for its Ntorya gas development in Tanzania, with first production targeted for December.

The company said its joint venture with ARA Petroleum Tanzania, which operates the Ruvuma project, had approved budgets envisaging gross spending of up to $75 million across the rest of 2026 and 2027.

Attention centres on the Ntorya-2 well, where the removal of bridge plugs and testing are due to begin in November, followed by production in December into the Ntorya-Madimba pipeline.

The pipeline itself is scheduled for completion in December, with the state oil firm TPDC confirming that about 95% of pipelaying is finished and connection works at the Madimba plant are ongoing.

A contract to supply a gas processing unit is expected to be signed this month.

The programme also includes drilling a new well at the Ntorya-Central location, expected to be signed in October and spudded in December as Ntorya-3, with first gas possible in September 2027 if successful.

Maintenance work on the Ntorya-1 well is due to start in October.

Should a fuller intervention prove necessary, production from that well could slip to December 2027.

Depending on results, the venture also has the option to drill up to two further appraisal wells to the east and west.

Executive chairman Charles Santos said the coming months would see a significant increase in activity, describing a clear pathway to the broader development of the field.

He added that the company remained focused on delivering first gas in December.

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