Entries by Hussein Boffu

Opportunity: Local And Foreign Investors Are Invited For Natural Gas Distribution In Tanzania

Tanzania Petroleum Development Corporation (TPDC) has invited local and foreign investors to undertake natural gas distribution projects in the country’s commercial capital of Dar es Salaam and the emerging industrial zones in Coast Region. TPDC’s Acting Managing Director, Engineer Kapuulya Musomba said these opportunities will result for the conclusion of the determined projects covering 65km, […]

Meet Tanzanian 36- Years Old Who Build 1 Billion Us Dollar Oil Company

On a crisp late May afternoon in Dar es Salaam Ally Awadh, one of Tanzania’s most prominent businessmen, is waxing lyrical about a deal he has just concluded. Recently, the Competition Authority of Kenya gave his company, Lake Oil Group, the go-ahead to acquire all the fuel service stations of Hashi Energy, one of Kenya’s largest […]

Solo Oil Announces Investment In Helium Gas Project In Tanzania

Solo Oil has announced that it has agreed to acquire a 10% interest in Helium One Limited  for a total consideration of £2.55 million  and has also been granted a 90-day call option to increase its investment in the company by a further 10%, for an additional investment of £4 million, which would increase its stake to 20%. The initial investment […]

How  To  Do  Business With Oil and Gas Companies In Tanzania

  Oil and gas companies in Tanzania buys almost everything,  They buy food stuff, to feed their employees in the job site.They buy fuel, such as diesel and lubricants. They buy industrial products such as valves, safety equipment, HR services, Transportation services. So you can do business with these companies provided that you know what […]