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Tag: tanzania oil and gas investing and business opportunities

TANZANIA: Pain and gain on the way for oil and gas at Mkuranga

Trends of Oil and Gas News: On September 24, 2013: “Plot on locals’ stake in oil, gas thickens” The citizen Newspaper On October 24, 2013: “Muhongo shatters oil dream for locals” The citizen Newspaper On January 22, 2104: “No favours for locals in gas deals….” says JK (formal President) But Today 14 January 2016: “Neither the company/ Government […]

Tanzanian pipeline isn’t commercially viable, CEO Hill says

  East Africa’s race to export its first oil will eventually be a tie between neighbors Kenya and Uganda because both need to share a pipeline rather than compete for different routes, a producer in the region said. “The only sensible route for the pipeline is a joint pipeline” running through both countries, Africa Oil Corp. […]

Uk, German To Prepare Local People for Jobs in East Africa Oil and Gas Sector

Nairobi — THE United Kingdom and German have designed an initiative aimed equipping local populations with skills needed to seize job opportunities in the oil and gas sector in East Africa and Mozambique. The initiative by the UK’s Department for International Development (DFID-Kenya) and the German Ministry for Economic Cooperation and Development (BMZ), dubbed Skills […]

3 Suprising Advantages and Disadvantages of Working in Oil and Gas Industry

    Do you really  know working into  oil and gas industry can benefit you than you think? Do you think there are some disadvantages of working in oil and gas industry? You are about to learn  excellent  stuff The articles intend to clarify advantages and disadvantages of working in oil and gas industry: Lets […]

Orca Exploration announces closing of US$60 million financing of Tanzania natural gas field development with International Finance Corporation

Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has entered into a loan agreement with International Finance Corporation (“IFC”), a member of the World Bank Group, for a US$60 million investment (the “Loan”) in the Company’s operating subsidiary, PanAfrican Energy Tanzania Limited (“PAET”). Proceeds of the Loan will be used to fund […]

Uganda’s Change of Mind On Oil Pipeline and the headache it is giving Kenya

For starters, Uganda this month-signed an agreement with Tanzania to build pipeline to Tanga The idea is for this pipeline to become the export conduit for Uganda’s oil once drilling starts. Trouble is, Kenya had earlier signed an MoU with the same Uganda to build a pipeline to route their oil through northern Kenya to […]

What Does Natural gas discovery in Tanzania mean for  Local Entrepreneurs

With this massive discovery of natural gas in Tanzania which is nearly 55.5 trillion cubic feet,  international companies and foreign  investors across the world are swarming in Tanzania to invest in natural gas sector. What does it mean to Tanzania entrepreneurs?  The logic here is very simple: there is unlimited opportunities in natural gas industry […]

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