Hussein Boffu runs a consultancy helping elite entrepreneurs reach their goals through actionable business planning. Contact him via email at hussein.boffu@tanzanapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
The cost of building a petrol station in Tanzania is influenced by various factors that impact both initial investment and ongoing operational expenses. Understanding these factors is crucial for stakeholders considering entering this market. Location Impact: One of the most significant factors affecting the cost of building a petrol station in Tanzania is its location. Urban […]
1.Investment Scale Tanzania: – Estimated Cost: $42 billion – Significance: One of the largest energy projects in eastern and southern Africa. Mozambique: – Total Investment: Not fully disclosed – Major Projects: – Total-led Area 1: ~$20 billion – ExxonMobil’s Rovuma LNG: ~$15 billion Analysis: Tanzania’s LNG project is notably larger in financial terms, indicating a […]
Arrival of the FPSO Vessel. The recent arrival of the Floating Production Storage and Offloading (FPSO) vessel at the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development marks a significant milestone in the energy project offshore Mauritania and Senegal. This development represents a substantial step forward in bp’s strategy to deliver resilient hydrocarbons. Project Overview. […]
Overview. Eco Atlantic Oil & Gas Ltd. has announced its acquisition of a 75% working interest in Block 1 Offshore in the Orange Basin, South Africa. This strategic move involves acquiring rights from Tosaco Energy and becoming the operator of the block, with Tosaco transferring its remaining 25% interest to a new South African entity, […]
BW Energy, an oil and gas exploration and production company listed in Oslo, has reported a significant increase in recoverable reserves at a field within the Dussafu license off the coast of Gabon. This boost follows the drilling and logging of a pilot appraisal well with a jack-up rig owned by Borr Drilling, an offshore […]
BW Energy has announced a significant oil discovery in the Hibiscus field, confirmed through the drilling of the DHIBM-7P pilot well. The discovery increases the estimated recoverable reserves in the area by 8 million barrels, bringing the total to approximately 12 million barrels. This pilot well was drilled to a depth of 3,941 meters and […]
Corcel Plc, an Angola-focused exploration and production company, released its unaudited half-yearly results for the period ending December 31, 2023. The Chairman’s statement highlighted the company’s strategic developments during this period, including the acquisition of interests in three oil blocks in Angola. These acquisitions positioned Corcel to participate in the reopening of the Kwanza Basin, […]
Key Points. ADNOC’s Acquisition: – ADNOC has acquired a 10% stake in the Rovuma basin’s Area 4 concession from Galp. – This includes the Coral South Floating LNG (FLNG) facility, Coral North FLNG development, and Rovuma LNG onshore facilities. Production Capacity: – The concession’s total LNG production capacity exceeds 25 million tonnes per annum (mtpa). […]
Key Points – ARA Petroleum Tanzania (APT) has received a 25-year Development Licence from Tanzania’s Ministry of Energy for the Ntorya gas field. – This licence allows immediate commencement of development work. – Ntorya gas field has an unaudited Contingent Resource estimate of 3.45 trillion cubic feet (tcf) of Gas Initially In Place (GIIP). – […]
Have you ever felt that intense urge to protect those under your care, to ensure they return home safe and sound, every single day? Picture this: your workers in Tanzania, smiling and confidently working, with state-of-the-art safety equipment. That’s the ultimate goal, right? You might be sitting there, scanning through safety reports, your mind racing […]
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