io has been appointed to assist with the development of the Ntorya field

io is pleased to announce it has been appointed by Aminex PLC to assist with the development of the Ntorya field.

io is pleased to announce it has been appointed by Aminex PLC to prepare a gas commercialisation study to assist with the development of the Ntorya field, part of the Aminex’s Ruvuma PSA acreage in Tanzania. The study is designed to identify gas monetisation options available to Aminex, including potential early development facilities to supply gas to local market and enable near term revenue generation. 

This contract award recognises io’s ability to bring greater certainty and higher decision quality to its clients by drawing on a breadth of experience that extends across all aspects of full field development. 

Robert Dickson, Partner and Business Development Lead Africa, said: “io is looking forward to supporting Aminex and Solo in understanding the commercial options for the exciting Ntorya Gas Development. io will bring greater certainty to the Ntorya Development through our expertise in gas commercialisation technology, gas commercialisation study approach and in leveraging the capabilities of our parents including Baker Hughes a GE company, the only Full-stream Company”

Richard Dyson, CEO, said: “I am really pleased that Aminex has chosen io as their advisor on this strategically important gas monetisation study and I am sure that we will be able to demonstrate our value add to Aminex and thereby build a long-term collaborative relationship with them.”

More information can be found in the press releases of Aminex and their partner, Solo Oil PLC:

http://www.aminex-plc.com/FCKuploads/file/press_releases/170710_Appointment%20of%20io%20oil%20&%20gas.pdf

http://otp.investis.com/clients/uk/solo_oil/rns/regulatory-story.aspx?newsid=890065&cid=983

To find out more about how io’s powerful thinking can help deliver greater certainty and value to your projects, contact us at hello@iooilandgas.com