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Recently, transparency become hot in Tanzania’s Oil and gas Sector. Many organisations work hard on launch their findings to promote transparency in natural gas industry Yesterday the Friedrich- Ebert -Stiffung (FES) Tanzania, launched its “Tanzania Oil and Gas Almanac” and present other tools aimed at promoting transparency in Tanzania’s oil and gas industry. you can […]
Dubbed the Tanzania Oil and Gas Almanac, the database will be available in hard copy and on the internet in both Kiswahili and English languages. Speaking at the launch of the portal yesterday, retired Controller and Auditor General (CAG), Mr Ludovick Utouh, was hopeful that the almanac will enhance transparency in the nascent industry. “The […]
Solo Oil announced Tuesday that its assets in Tanzania represent the most significant investments for the company and revealed that their further development “is being actively pursued”. The company has a 25 percent stake in the Ruvuma PSA and acquired a 6.5 percent interest in the Kiliwani North Development License in February 2015, with […]
Lower global oil and gas prices have affected the level of exploration activity in Tanzania, but it has not completely eroded the stronger bargaining position the government has enjoyed in recent years. Major gas finds in various geographical locations combined with a stronger domestic demand means that the petroleum sector in the East African country […]
The low price of oil has dashed initial hopes for oil and gas investment in Africa, but governments have the opportunity to turn things around. The discovery of oil off the coast of Ghana in 2007 – and subsequent hydrocarbon finds in Uganda, Kenya, Tanzania and Mozambique – sparked an exuberant international response, with oil […]
Discovery of natural gas in Tanzania is greeted with great optimism, Citizens believe gas is money, and they think through discovery of gas their lives could change dramatically, They think gas sector would bring millions of jobs, and their sons, daughters relatives or themselves will be employed. they bel.In other word they have a lot […]
Wildcat explorers have turned to east Africa as one of the last frontiers for oil and gas. The Mombasa refinery always runs below capacity Wildcat explorers have turned to east Africa as one of the last frontiers for oil and gas. In the region, Tanzania and Mozambique have found large quantities of gas and Uganda […]
In emerging oil and gas producer country like Tanzania interest in promoting national participation is growing dramatically But the two key questions are Whether and when it is appropriate to create National Oil Company (NOC ) ?and What the role the of National Oil Company should have? Although the decision of creating National Oil Company […]
Few weeks ago i wrote an article about the roles of petroleum engineers in petroleum companies. To day we are going to see the roles of Petroleum geoscientist. Let us begin Petroleum Geoscientists are petroleum professionals who help petroleum companies identify the likely location of petroleum deposits. As geoscientist you study the earth and its many […]
Abu dhabi: Sharjah-based Gulf Petrochem will invest about $80 million (Dh290.4 million) in the next one year as part of its expansion plans in Fujairah and East Africa, a top company executive told Gulf News. “We are planning to spend about $25 to 30 million in acquiring new terminals in East Africa and about $50 […]
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