oil and gas companies in Tanzania

How Tanzanian oil and gas Entrepreneurs can make money and survive the Low Oil Prices

May 16, 2016/in Investment/by Hussein Boffu

In response to the oil and gas boom. Some Tanzanian entrepreneurs have built their business by offering products and services __ such as human resources , safety equipment, supply, and logistics, accommodation , IT and telecommunication services__to the oil and gas companies such as Maurel et prom, Statoil BG Group.

And they reaped a substantial reward,two years prior to declining in oil prices.

But times are hard now. The low oil price is biting. International Oil companies shut down projects . And there’s Slow down oil and gas activities in Tanzania and beyond. So, Fewer clients . Business is lower. And their profits are squeezed.
The drop in oil prices since June 2014 from over $100 barrel to $ 45 today is hurting many local businesses.
.
The oil price going down the drain and this present one of the worst oil price downturn in the recent history

The harsh truth is that nobody knows exactly when the price picks up again. But most economists agree that the road to recovery will be longer and hard.

Read:Give Me 5 Minutes And I’ll Show You How To Make The Most In The Oil and Gas Opportunities In Tanzania

Feeling down because of the bad oil prices? Don’t panic . Oil price downturn comes and go. And that’s the part of the petroleum industry cycle.

Seriously, I know you love your business. And you don’t want to go back being restricted with month salary again.

So, how do local entrepreneurs keep their business alive during the low oil price? How do you survive the low oil prices? How do you make money?

Read on to find how?

Diversifying Business’s clients
The bad price has changed the entire oil and gas market at a frenetic pace. To reap incredible result, should respond to the market condition and service other industries.

If you were recruiting local workforce for oil and gas sector.

You can offer the same services to the telecommunication, marine perhaps aviation industries.

Flexibility is the mark of successful entrepreneurs. never be rigid.

Fix problems in the downstream segment of the industry
Most Tanzanians investors have been offering products and services to the upstream sector of the industry for some time now. Why? because they had all money.

But that’s not for you. Upstream operators have nothing to do with your products or services now.

The whole east Africa region possesses only two oil rigs. So what business will listen to your products or solution?
To stay in the business line, then solve the problem in the downstream sector__ Downstream operators are making huge cash access benefit weak oil prices.

To stand out in the oil and gas market, you products or services must fix an issue in the downstream.

Downstream operators represent things like transportation, marketing, and selling of oil and gas market. So oil pipeline are booming now

Positive attitude is the critical to survive
In the oil price downturn, people loses jobs. People create jobs. Companies make a huge fortune. Companies go into bankrupt. All in the oil price slump.

So spending the whole day wondering how the prices affecting your business. You’re not helping yourself. Instead .you diminish your creativity and productivity. You must have a positive mindset.

The right attitude helps you to think on how to do to come out ahead. And enables you to fight, work hard and come up with awesome ideas that bring incredible result.

See the weak prices as opportunities and not a problem. In that manner, You’ll be amazing with the positive result you get.

Surviving is all up to You

Are you going to pay attention and put to use information given to you in this article or you’re going out there and winning how the business is hard in the period of low oil prices.? Surviving in the current atmosphere is easier than you think. Go out there and make It happen.You’ll thank me later.

Want to make the most in the opportunities in oil and gas in Tanzania? Enter your email in the above black box and Grab our free guide report.

Hussein Boffu

0655 376543

Hussein.boffu@tanzaniapetroleum.com

Tanzania’s Oil and Gas Are Neither A Curse Nor Blessing

April 13, 2016/in Investment/by Hussein Boffu

I remember the optimism with Tanzanians when the Italian Oil company (AGIP) , broke the news on Natural gas discovery In the songo songo field In 1974.

Many had strong feeling the new found resources wealth could transform their lives. And brought hope to a future generation.

It’s 42 years now. Tanzania’s petroleum resources have become a powerful magnet for foreign investors. And we hear new gas discoveries announcement every now.

The question lingered in mind is how best to manage such resources. And transform temporary windfall into general uplifting of the population.

Experience is the great teacher.

In many African countries, natural resources have fueled violence and war instead of an opportunity for all.

In Nigeria, for example, Oil has resulted in violence in the Niger delta. And despite the Oil wealth, Unemployment remains high. And poverty is still widespread .Surprisingly enough, 93 million Nigerians live in the households that lack access to electricity.

Natural resources have played important role in widening the gap between the rich and the poor in many Africa’s oil and gas rich countries

The truth ought to know about oil and gas

The closer relationship between chaos and petroleum resources has led people to describe that oil and gas exploration and extraction projects are a curse.

But Tanzania gas. Not a curse. Not blessing. But is just an opportunity. And they can be used for adding value or can ruin everything.

In real life, oil and gas do not cause conflicts. But violence occurs when the government is very weak to withstand political and religious pressure in peaceful dialogue.

But petroleum resources can amplify , accelerate and tearing apart the already weaken fabric.

Tanzania’s gas and oil are simply an opportunity. Tanzania’s gas means universal electricity. Clean energy that does not pollute households. More business opportunities. And more jobs especially amongst young people.

History teaches us, Many African citizens doubt the system.But to build confidence national oil company must remain sensitive to citizen’s need as they continue to support leadership that has signed a regional contract.

Most importantly , they must invest in a range of program that benefits, environment, local communities and society as a whole.

But the government can’t resolve all such challenges on their own. Private sector and stakeholder must shoulder their responsibility

In essence, It’s all our pleasure, Tanzania succeed. We all benefit when oil and gas turn into a permanent human breakthrough. And everybody gets fair deal.

Statoil Yataja Vijana 5 Walioingia Fainali za Shindano La Mashujaa Wa Kesho

April 11, 2016/in Investment/by Hussein Boffu

Kampuni ya Statoil Tanzania ina furaha kutangaza majina ya vijana watano waliongia fainali za shindano la biashara la mashujaa wa kesho ambalo lina dhumuni la kuhamasisha ujasiriamali kwa mikoa ya kusini mwa Tanzania yaani Mtwara na Lindi.

Akitoa taarifa hii meneja wa shindano hilo kutoka Statoil, Erick Mchome amewataja washindi hao kuwa ni Razaki Kaondo, Edward Timamu and Sifael Nkiliye (walioshiriki kama timu moja), Saleh Rashid Kisunga, Azizi Doa, na Yunus Mtopa.

Shindano la Mashujaa wa Kesho lilihusisha vijana wenye umri kati ya miaka 18 na 25 kutoka mikoa ya Mtwara na Lindi kuwasilisha mawazo yao ya biashara ambayo baadae yalibadilishwa na kuwekwa kwenye andiko la biashara.

Mwaka huu shindano hili lilivutia vijana zaidi ya 400 ambao waliwasilisha mawazo ya biashara zao zinazolenga sekta mbalimbali za uchumi kama kilimo, ufugaji, mawasiliano, na biashara nyingine ndogondogo. Vijana waliruhusiwa kushiriki mmoja mmoja au hata kuunda vikundi vya watu wawili mpaka watatu.

Also Read: The greatest Effort Of STATOIL to serve to Tanzanian Youth

Mwazo bora yaliyopatikana kati ya 400 yalikuwa 60 na wamiliki wa mawazo hayo ambao ni zaidi ya vijana 80 kutoka Lindi na Mtwara walipewa mafunzo maalum ya kuandaa andiko la biashara ambapo yalishindanishwa tena na kupatikana vijana kumi bora waliopelekwa mbele ya majaji ambao wiki hii walichagua maandiko matano bora kati ya kumi waliyopokea.

“Vijana hawa watano watawasili jijini Dar es Salaam wiki ijayo ili kuja kutetea maandiko yao ya biashara mbele ya jopo la majaji ambao mwisho wake wataamua nani anafaa kuwa mshindi wa shindano letu,” alisema Bwana Mchome.

Mshindi wa shindano hili atatangazwa siku ya Ijumaa tarehe 15 Aprili jijini Dar es Salaam katika hafla maalum iliyoandaliwa na Statoil ili kumpongeza mshindi huyo na wenzake wanne ambao wamefanikiwa kuingia fainali. Mshindi huyo atajinyakulia kitita cha dola za kimarekani 5,000 wakati washindi wanne waliobakia watapata dola 1,500 kila mmoja. Washindi wengine watano waliofanikiwa kuingia kumi bora watapata dola 1,000.

“Statoil inaamini katika kuwawezesha vijana wenye vipaji katika maeneo yote ambayo tunafanya shughuli zetu na kwa kufanya hivi tunachochea maendeleo katika maeneo hayo ambayo nasi ni sehemu yake kwani tunafanya shughuli zetu za uendelezaji wa nishati kama gesi na mafuta.,” amesema Meneja Mkazi wa Statoil Tanzania, Øystein Michelsen.

Effective Way To Get High-Paying Clients In Oil and Gas

February 8, 2016/in Investment/by Hussein Boffu

Would you like to attract many clients in oil and gas without spending hundred of dollars in placing ads?

you wish to sell products and services in oil and gas but you wonder how you can attract clients?

There are lots of oil and gas companies outside there want to buy your products or services, clients want to buy you lubricants, there are hundreds of clients want to your consultation services.

Many people look for local partner in Tanzanian oil and gas sector to do business with

What if I told you with content marketing program you help attract thousands of clients?What if I told you are missing huge clients who are eager to buy your products and services?

What is content marketing
Is the process of providing appropriate information regarding your product and services for the intention of getting people to buy services or products you offer.

And the significant detail is this, Content marketing may not convincing clients to buy a product or services, but you want them to give their attention, belief that your ideas keeps value and take action on your product or services

If you are not marketing through content marketing you’re missing colossal clients that are eager to buy your product and services

Why content marketing is essential to attract clients

Your current client never visits your website or read your brochure

You may believe that your current clients are visiting or read your brochure. But in a real sense, he never does as such, why? Since he expects he knows everything about your product and services.

So how do you make attention to them on your products and services? The answer is pretty simple. Through content marketing. By posting content informing them how to use you product and services and how they could impact their lives and organization as whole you create attention to your presents clients and attract new one

Clients look online before making purchase
Findings show 89-96% do an online investigation before they decide to buy. Think why? Because they want to prove how experts say in regard to specific services or products they need to buy. How do you think if you would write regularly about your products and services you sell into oil and gas. Your article will rank higher in search engine, clients would see it and he must buy your products or services because you have proven to him you’re expert on what you sell.

Clients do not want you to sell immediately
Clients have past experience to buy awful products or low-quality services, is for this reasons they don’t hurry into buying, So what they need? They are eager to get detailed information on based on their buying decision. When you write content about product and services you offer at least 2 times a week you have great chance to attract many clients

Bring trust and convert visitors into client
We all know many clients buy to people they trust and know, But with content marketing program, you build trust and change o ver prospects into clients

How to work around it
The smart way to star content marketing program is to create to create corporate blogs in addition to your addition website
Because with blog is very easy to go with content marketing program because is allowing interaction with clients than website and it feature allow regular posts that are important in attracting new clients

My final Words
If you have a blog in addition to your corporate website and you post content in regular basis you make 100 calls a day.The power of content marketing is in attracting new clients is huge in oil and gas industry, however, many people organization seems to ignore it.

All Eyes On Tanzanian Oil and Gas sector

January 20, 2016/in Career Advice/by Hussein Boffu

Oil and gas sector is talking point in Tanzania. Everyone eyeing in the oil and gas.

Ever think why? Because money available in the sector is endless.

Still doubt?

Check out the lifestyle of Tanzanian oil and gas employees. They bank six-figure salaries every month.

Not to mention investors themselves make billions of dollars

In recent days, people feel proud to work at TPDC. Not to talk working in international oil companies like Schlumberger, Halliburton, BG where salary package is very attractive

Also Read:Where are qualified Tanzanians in Oil and Gas Sector

Tanzanian swarm into petroleum courses

To get admission for petroleum courses is quite difficult in Tanzanian academic institutions .

why? because Many students want to take petroleum related courses that lead to stiff competition, as a result, only students with great grades get admitted for petroleum courses

Some Tanzanians have been travelling overseas for petroleum studies, Others have quit jobs and change career into oil and gas sector.

And what important facts most of us ignore about Oil and gas sector?

The harsh truth about oil and gas sector are these
1. The sector employs small fraction of workers because is capital intensive industry
2. The job market in oil and gas sector is not guaranteed because of world oil price fluctuation

And what we should do then?
Oooh, don’t get me wrong, I don’t mean people should not take petroleum courses.

The Tanzanian oil and gas sector still need many local workforce to develop and manage our new found wealth.

But, before you pursue a career into oil and gas sector before decide to quit a job and go overseas for petroleum related training, you should have a better understanding on oil and gas sector and how it works.

Bg Group Open 2016 Scholarship For Tanzanians

January 7, 2016/52 Comments/in News/by Hussein Boffu

The annual BG Group scholarship that offers 10 scholarships each year to Tanzanian graduates to study for Masters of Science degrees for Geoscience and Engineering in UK universities has opened its 2016 applications.

The scholarship covers a range of 23 taught courses relevant to the oil and gas sector are available at four UK universities: Aberdeen University, Heriot Watt University, Cranfield University and Robert Gordon University.

The BG Tanzania funded scheme aims to impact Tanzanians with requisite relevant technical skills in the emerging natural gas sector. Upon successful completion of one of the courses included in the Scheme, beneficiaries have the potential to qualify for participation in BG Group’s International Graduate Development Programme.

BG Tanzania’s social investment programme in Higher Education has three components including: the international scholarship scheme, a new national scholarship pilot scheme implemented in Tanzania in 2015 and provision of institutional support to the Geology Department of the University of Dar es Salaam (UDSM).

“BG Tanzania’s Higher Education programme is designed to deliver a pipeline of postgraduates from which the industry can recruit, while at the same time also generating valuable information that helps us and others to contribute to strengthening the country’s higher education institutions (HEIs),” the explorer says on its website.

The scholarships – funded by BG Tanzania and administered by the British Council – cover the cost of academic fees, travel, living expenses and pastoral support while the graduates are in the UK. Successful candidates will also be provided support when applying for a visa.

Scholarships are granted for a maximum period of 12 months, for courses starting in September 2016.

The deadline for applying for a scholarship award under this Scheme is 15 March 2016 after which applicants will be shortlisted and invited for interviews, and the final selection of scholars will be announced by April 2016.

In Tanzania BG Group is the operator of two offshore blocks and has discovered around 16 tcf of total gross resource in 9 discovery wells including: (Block 1) Chaza, Jodari, Jodari North, Mkizi, Mzia, Taachui and in Chewa, Ngisi ,Pweza wells in Block 4.

As hydropower dries up, Tanzania moves towards fossil fuels

December 29, 2015/in News/by Hussein Boffu

As drought continues to cripple its hydropower plants, Tanzania is struggling to produce enough electricity — and is moving towards using more fossil fuels to make up the shortfall.

Hydropower plants normally produce about 35% of Tanzania’s electricity needs, with gas and oil plants making up most of the difference.

But as demand grows and water shortages hit hydropower production, Tanesco — the state-run power utility firm — is investing in more fossil fuel plants to maintain its electricity supply.

In October the east African nation was forced to shut down its main hydropower facility for nearly a month because the water level was too low to run the turbines, officials said.

In December, the country’s hydropower plants, which can produce as much as 561 megawatts of power, generated only 110MW, according to Tanesco.

“The main challenge we have been facing is overreliance on hydropower as the major source of electricity, which is hard to maintain due to unpredictable weather,” said Tanesco’s managing director Felchesmi Mramba in an interview.

Solar and wind untapped

While Tanzania has significant untapped renewable energy potential from sources such as geothermal, solar and wind, the government has mostly failed to tap this potential as an alternative to hydropower, said University of Dar es Salaam Institute of Resource Assessment climate change expert Agnes Mwakaje.

However, Tanzania’s minister for energy and minerals Sospeter Muhongo said the government is keen to invest in alternative power production, including using wind and solar, to meet the hydropower shortfall and give hydropower dams time to refill.

Mtera and Kidatu hydropower dams on the Great Ruaha River at one point shut down for three weeks because water levels fell below the minimum required, officials said.

“The water level in most of our hydropower dams is not sufficient to generate electricity, yet there’s nothing we can do other than waiting for the rains to come,” Mr Mramba told the Thomson Reuters Foundation.

The hydropower shortfalls have led Tanesco to suffer losses of about 500 million Tanzanian shillings ($230,000) daily, Mr Mramba said.

In an effort to find a more reliable mix of energy sources, Tanesco is now building more gas-fired power plants, and looking at other renewable energy sources to supply the national grid.

“We are hoping to reduce hydropower dependence to 15% once our gas-fired plants become fully operational,” Mr Mramba said. According to Tanesco, gas power plants could provide 60% of the country’s electricity needs.

Tanzania’s government last year launched an electricity supply “roadmap” that aims to boost generating capacity from about 1,590MW today to 10,800MW in a decade, largely by building more gas and coal power plants.

Analysts say diversifying power sources is crucial to avoiding shortages like that caused by the current drought.

“Tanesco must use an energy mix in the order of priority to include natural gas, coal, hydro and renewables if it has to make electricity generation sustainable,” said an economics professor at the University of Dar es Salaam, Haji Semboja.

“Natural gas can keep electricity flowing when the sun doesn’t shine and the wind fails to blow. You can switch it on and off pretty quickly,” he said.

Tanzania might also consider importing electricity from large-scale hydropower projects in Ethiopia, Mr Muhongo said.

Dirty but cheap

Although Tanzania has for many years depended on hydropower, the country’s electricity generation has moved increasingly towards gas over the last decade after off-shore gas deposits were discovered near Mtwara on the southeast coast.

Today, oil and gas facilities account for 63% of the country’s power generating capacity, compared to 36% for hydropower, the government said.

Tanzania has more than 58-trillion cubic feet of gas, equivalent to 9.2-billion barrels of oil, according to the Ministry of Energy and Minerals. The country also has 1.9-billion tons of coal that could be used to generate electricity, the ministry said.

Ministry officials say that Tanzania, facing power shortages, should consider increasing its use of coal to produce electricity, even though burning coal is a major driver of climate change.

“It is the dirtiest but cheapest source of energy. Many countries are still producing their electricity almost entirely from coal. So why not Tanzania?” asked Ministry of Energy and Minerals commissioner for petroleum and energy Hosea Mbise.

But the government is also planning to use some solar, wind and geothermal power in its energy mix. A $132-million, 50MW wind facility is being built, Mr Mbise said, and the country hopes to win funding from the African Development Bank to develop geothermal plants.

About 36% of Tanzanians have access to electricity, and only 7% of those are in rural areas, according to the ministry. It said demand for electricity is growing by between 10% and 15% a year.

These are the best Jobs you can have in Oil and Gas industry

December 17, 2015/in Career Advice/by Hussein Boffu

Would you like to know what are the best jobs in the oil and gas industry? Interesting to know oil and gas jobs suits you?

Article meet all the questions above

Before we move on to see those best jobs you can get in the oil and gas industries, there are some important facts to be taken into account

1. The best job for me is not necessarily the best for you because our values differ.
2. The job you can do is not necessarily easy for me; our skills/aptitudes differ.
3. The risks you can take in a job/career may not be accepted for me to take.
4. The salary, fringes, prestige you need are not the same for me.

The best job you can get in Oil ad Gas sector and any other industry is the one that:
• first of all, you like so that you can excel in it.
• gives you the material (money) and prestige satisfaction you need.
• matches your skills and aptitudes
• aligns with your values especially. if your social life warrants.
• is common with various industry areas to give more chance to get hired such as project controls, cost, planning, risk, contracts.
• is shared with as many people in the Organization as possible (if you prefer teamwork).

Tanzanians Must be part of Natural Gas boom

December 8, 2015/54 Comments/in Career Advice/by Hussein Boffu

With about 55.5 cubic feet of natural gas found in Tanzania, foreign investors and companies are attracted to the region.

This indicates there unlimited opportunities in Tanzania oil and gas sector, However, seems the natural gas boom affect international players in the situation there have no important consequences for the local companies and individuals

With increase in demand of gas in the country which goes hand in hand with economic growth, Local companies and individuals can join the supply chain and benefit from the discovered natural gas

“Oil and gas sector offer many opportunities, however, there seems to be lack of awareness,” says Peter Hermes Directing Manager Tanzania Mines, Oil, Gas Company Limited

“everyone should be part of the gas boom and benefit from our underground wealth” he added Hermes

Read 7-ways-to-make-money-in-Tanzania-oil-and-natural-gas-industry

Tanzania local content is good as it requires citizens participation in the supply chain

Gas and oil companies require a range of services for the better fulfillment of their projects.

Oil and gas companies require transport from offices to the site, there is dire demand of the hotels, supermarket, telecommunication services and all of these are opportunities for local companies and general Tanzanians

These discoveries being made in the area with little infrastructure are the opportunities for local companies and individuals to be part of the natural gas boom.

Also Read:interesting-business-opportunities-in-Tanzania-oil-and-natural-gas-sectors-for-local-entrepreneurs

Tmgo Forum Initataive Allow Oil and Gas Access

November 28, 2015/27 Comments/in Career Advice/by Hussein Boffu

Small and medium-sized businesses (SME) in Tanzania energy, Oil and Gas industry will be able to better access skilled talent from Tanzania Mines, Gas/Energy and Oil Forum, thanks to a new initiative.

We will be providing opportunities for companies to tap into the talent pool at TMGO Forum, the appropriately named Talent Exchange initiative aims to help those companies that are seeking specific skills or competencies.

“We were looking for additional expertise in graphic design with specialist knowledge in the technology that would enable us to produce our desired training material, and so we thought about engaging with students who are currently studying the subject would be a good solution,” Mr Hermes said, Managing Director of TMGO Forum and Company.

Bennet said we took on two exceptional students he described as “fantastic” and who “exceeded expectations. Businesses benefit from Talent Exchange because they will “accessing new talent and getting a fresh perspective in our east Africa environment.

Hermes explained the initiative will allows TMGO Forum to work with companies in different ways: companies in oil and gas sector can set a challenge to be undertaken by one or more students, Every student will get chance to work with Tanzanian student in order to give Tanzania student chance to learn new things and vice versa to the student who will come in Tanzania. We establish One by One tactics for the aim of giving much time these students to learn from each other.

“If a companies and university is interested in working with Talent Exchange, we generally meet with them to understand what they are looking for before exploring options to convert this interest into a work-related experience that will benefit both the business and our students,” Hermes said.

Companies are able to get to know students through challenges, projects and placements, and understand their potential and expertise, which allows the company to determine where students might fit in once they complete their degree, Hermes said.

Students are able to build their industry network and engage with potential employers. The success of Talent Exchange will be measured quantitatively and qualitatively, by tracking the number of work-related experiences delivered and evaluating the impact from the perspectives of the business, the student and the academic involved in supervising

Tag Archive for: oil and gas companies in Tanzania

How Tanzanian oil and gas Entrepreneurs can make money and survive the Low Oil Prices

Tanzania’s Oil and Gas Are Neither A Curse Nor Blessing

Statoil Yataja Vijana 5 Walioingia Fainali za Shindano La Mashujaa Wa Kesho

Effective Way To Get High-Paying Clients In Oil and Gas

All Eyes On Tanzanian Oil and Gas sector

Bg Group Open 2016 Scholarship For Tanzanians

As hydropower dries up, Tanzania moves towards fossil fuels

These are the best Jobs you can have in Oil and Gas industry

Tanzanians Must be part of Natural Gas boom

Tmgo Forum Initataive Allow Oil and Gas Access

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