Entries by Hussein Boffu

Purchasing and supply in oil and gas

The oil and gas industry is divided into three areas the ‘upstream’  ‘midstream’ and ‘downstream’ operations. Upstream involves finding areas where oil oil and gas might be and  bring it to the surface it safely. The midstream involve transportation and storage of oil and gas . The downstream part of the industry is concerned with […]

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 […]