Tanzania Oil and Gas Upstream Sector Activity Outlook 2017-2018 Synopsis
It is truly remarkable how East Africa, and specifically Tanzania has in a short period of time become the main focus of attention as a source of new global gas supply. Large amounts of foreign investments have been made in the Tanzanian Oil and Gas industry after its discovery. These investments have made East Africa the next lucrative market in the international scenario.
Since 2010, Tanzania has witnessed further exploration and discoveries of significant quantities of natural gas both on and off-shore.
The speed at which governments in East Africa are developing hydrocarbon reserves is a clear indication of their will to cement the region’s reputation as the new hotspot for oil and gas exploration and production.
Recently, Tanzanian President John Magufuli ordered that exploitation of natural gas begin as a matter of urgency,
Tanzania Upstream Sector Activity Outlook 2017-2018 presents an in-depth assessment of the upstream sector in Tanzania including a look through the last over 65 years of oil and gas exploration, , discoveries as well as development and production of natural gas. The report also forecasts expected activity over the next 12 months and highlights various long term projects such as power generation and consumption by industries.
This outlook answers several questions for stakeholders, primarily which market segments they should focus upon during the next 12 months to prioritize their efforts and investments. These stakeholders include: engineering consulting firms, geophysical contractors, equipment providers, logistics companies, drilling contractors, research institutions, security firms, catering providers among others.
Our primary sources for the information herein include corporate presentations, financial statements, press releases, one on one interviews, SEC filings, government and related agencies announcements, news articles to name but a few.
This 17 page report looks into activity in the currently licensed exploration blocks and development licenses in Tanzania and guarantees you will remain better informed than your competition.
The research includes historic data from 1952 to 2017 and forecasts until 2035 which makes the reports an invaluable resource for industry executives, marketing, sales, advisors, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
The research provides the historical and current blocks overview:
Exploration
· Rukwa Basin License – Heritage Rukwa Ltd
· Kilosa-Kilombero Basin License – Swala Oil and Gas (T) Ltd
· Tanga Basin License – Afren/Petrodel
· Ruvu Basin License – Dodsal Resources
· Nyuni License – Ndovu Resources
· Ruvuma Basin License – Ndovu Resources
· Block 1 and 4 – BG/Shell
· Block 2 – Statoil
· Lake Tanganyika North License – Tanzania Petroleum Development Company
Development License
· Songo Songo – PanAfrican Energy
· Mnazi Bay – Maurel et Prom and Wentworth
· Kiliwani North – Ndovu Resource
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