Legal News Oil & Gas

Scirocco receives tax clearance to sell Ruvuma interest

Scirocco Energy today received tax clearance after paying £150,000 tax for the sale of its 25% interest in the Ruvuma gas production sharing agreement in Tanzania. CONTINGENCY PAYMENTS The company will now write to the country’s Minister for Energy to obtain final approval of the transfer of the licence interest to purchaser ARA Petroleum Tanzania […]