All eyes on Tanzania

LONDON-Listed Aminex has commenced drilling work on Tanzania's Nyuni Island after a series of delays, the first offshore exploration well in the country for many years. Ndovu Resources, an Aminex subsidiary, hopes to announce initial results from the Nyuni-1 well, which will reach a subsea depth of 3,050 metres, before the end of the year. It will then move on to a second drill site on neighbouring Okuza Island. Other oil firms are watching keenly. Despite sporadic interest in Tanzania over the last few decades the level of activity has only recently picked up, especially offshore—BP drilled the first offshore well in 1956. Big names such as Shell and Brazil's Petrobras have staked a claim i