Supporting the economic and industrial growth of Tanzania through the development of the Songo Songo gas field
Orca Energy Group records one of its best quarters to date
Chief Executive Officer, Jay Lyons talking to Proactive Investors, September 2022
What we do
Orca operates the Songo Songo gas field offshore Tanzania, as well as the Songas gas processing plant and associated downstream distribution network in Dar es Salaam. The Company is focused on enhancing production from the asset to ensure that reliable and affordable gas is delivered to support the country’s ever increasing power requirements and industrial development, underpinning economic growth.
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The Company has an active work program with plans for a 3D seismic acquisition in Q4 2022 to further prove up prospective resources for drilling.
Exploration
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Orca has been successfully producing from Songo Songo since 2004 and is on track to deliver average production in 2022 of between 120mmscfd and 130mmscfd.
Production and infrastructure
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In the long term, subject to 3D seismic results and contractual conditions, Orca aims to increase its sales volumes and expand its industrial gas distribution to displace higher carbon based and more expensive energy alternatives. Today, Orca is focused on sustaining current demand to support critical power generation and industrial demand.
Distribution
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The Company has an active work program with plans for a 3D seismic acquisition in Q4 2022 to further prove up prospective resources for drilling.
Exploration
-
Orca has been successfully producing from Songo Songo since 2004 and is on track to deliver average production in 2022 of between 120mmscfd and 130mmscfd.
Production and infrastructure
-
In the long term, subject to 3D seismic results and contractual conditions, Orca aims to increase its sales volumes and expand its industrial gas distribution to displace higher carbon based and more expensive energy alternatives. Today, Orca is focused on sustaining current demand to support critical power generation and industrial demand.
Distribution
Sustainability
Orca aims to have a positive impact on its country of operations, its people and the population whom we operate alongside, while reliably supplying natural gas to support Tanzania’s power and industrial growth in a bid to help the nation transition towards a lower carbon economy.
Our aim is to create long-term sustainable and accretive value for our investors, partners, communities, and employees while minimizing our impact on the environment and operating in the most carbon efficient manner possible.
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Environment
Playing a key role within the wider Tanzanian energy transition
Orca engages with local regulators and stakeholders to ensure the Company is fully transparent about its contribution to global climate change and local environmental matters.
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Social
Supporting our community
Orca seeks to bring positive change to the local communities where it operates, and also looks to empower its local workforce.
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Governance
Robust governance framework
Ensuring a high level of governance and oversight is one of the top priorities for the Company. To do this, our internal policies are aligned with local laws and regulations, and we work very closely with a range of government and external auditors to ensure we remain fully compliant.
2021 Online summary
“The Company’s commitment to supporting Tanzania with the provision of power, but also by making a positive impact to the economic and social fabric of the country, remains at the heart of our core ethos.”
Jay Lyons, Chief Executive Officer
