Entries by Tanzania Petroleum

Somalia to Launch Offshore Licensing Rounds

Somalia will launch its offshore licensing rounds in August putting on sale seven oil blocks as the Horn of Africa nation seeks to exploit its vast oil resources. The Ministry of Petroleum said Tuesday the launch will be done online in light of the ongoing COVID-19 pandemic. “The 2020 Somali licensing round features up to […]

Who Will Own the Oil and Gas Jobs of the Future

In reality, the oil and gas industry is one that creates high-paying jobs that generate sufficient income. Not only do good jobs elevate people’s well-being and happiness but they help to propel the economy towards more equitable. To operate and function more efficiently than in the past, oil and gas companies are adopting new technology […]

CGG Mozambique Seismic Data Available for Licence.

The final 3D PSDM seismic dataset from CGG’s recent 15,400 km2 multi-client survey of the outer Zambezi Delta in the Mozambique Basin is now available for licence. The data over blocks Z5-C and Z5-D and surrounding open acreage is part of a multi-client programme agreed between CGG and Mozambique’s Instituto Nacional de Petroleo. The final PSDM […]

Transforming Local Human Capacities Into World Class Professionals

The recent discovery of the massive discovery of natural gas reserves in the south of Tanzania has the potential to create several new jobs, principally through linkages with the local economy during the construction and operation phase and joint infrastructure. Approximately US$35-40 billion is expected in investment by international oil and gas companies in the […]

Equinor to Set Up Department for COVID-19 Response

Norway’s Equinor said on March 17 it would be establishing a temporary corporate department to handle its short-term response to and the long-term implications of the coronavirus (Covid-19) pandemic. “The coronavirus, measures to limit the spread and the significant falling oil prices have huge impact on the global economy, and on individuals and companies across […]