Top 3 Places On the Internet where Evey Tanzanian can Learn about Oil and Gas Sector for Free

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I finally choose to write this article after getting requests from people who are eager to venture into oil and gas industry, but they lack prior knowledge of oil and gas industry.

Some of them are journalists who are very interesting to write about Tanzania oil and natural gas news and trend of oil and gas companies in Tanzania, but they don’t know how to go through it,

Some are entrepreneurs they want to invest into oil and gas industry, but the don’t have basic information on oil and gas industry.

The fact is that you not invest in the business you don’t know and is the reasons for this investor they want to have a basic knowledge of oil and gas industry

So the article explains the online platform everyone can learn about oil and gas industry.

If you are students or oil and gas professionals and you want to learn new things you will love this article, if a reader you don’t have basic knowledge on oil and gas industry, then you are about to learn great stuff

3 online opportunities every Tanzanian can learn about oil and natural gas industry
Recent days internet has facilitated everything, you can learn anything you have to know by simply on a single click of your computer mouse.

Let face them

1:OpenOil.com
Through this online platform, you can learn the history of Tanzania oil and natural gas industry, oil and gas companies operating in Tanzania, areas of oil and gas production in Tanzania,

Also, you can understand the government and private companies that are involving directly in the oil and gas industry in Tanzania.

You will have better understanding on function of Tanzania petroleum development co-operation (TPDC), oil and gas exploration activities in Tanzania and you will learn about petroleum act and local content policy of oil and gas sector in Tanzania
To start learning follow this link http://wiki.openoil.net/index.php?title=Tanzania_Oil_and_Gas_Almanac

2: The biggest oil and gas knowledge community(Oges.Info)
This is the largest oil and gas community which involve oil and gas experts with enough knowledge and experience in oil and gas industry all over the world.

These people they have already worked with various oils and gas companies across the world.

Also you meet with graduates and other students worldwide, through this site you allowed to ask anything then oil and gas expert will answer your question.

You will learn a lot from oil production, oil and gas drilling, oil and gas project management health and safety etc. Your job now is to visit this site and join this bank oil and gas knowledge. To check out all resources on this website visit http://www.oges.info/

Also Read:Interesting-business-opportunities-in-tanzania-oil-and-natural-gas-sectors-for-local-entrepreneurs

3:Alison
Is online learning platform founded 2007 by Mike Fereek, a serial entrepreneur? Since 2007, more than 350,000 people graduated from its free certificate and diploma courses.

For Tanzanians, this is the perfect place to find out a lot of stuff for oil and gas industry.

The sad reality is that quality and standard of oil and education in most east African countries including Tanzania are a terrible situation, most people and curriculum are often outdated, not meet the demand of petroleum industry.

That is why foreign entrepreneurs and investors use this challenge to make money, you will be amazed on how foreign companies they swarm to Tanzania to invest oil and gas curriculum development
To check out oil and gas available on Alisona follow this link https://alison.com/search/result/?q=oil+and+gas

Final words
If you have read this article, I congratulate you!

But procrastination is the killer of dreams, don’t say I will start later, you’re the right time to begin to learn new things are now. Oil and gas industry is no guarantee for those who unwilling to learn new things.

Dear reader we love to hear all of these from you:

Industry Insight: Is East Africa’s gas asset boom about to go bust?

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Recent oil and gas discoveries across East Africa, most notably in Mozambique and Tanzania, have seen the region emerge as a new player in the global oil and gas industry.

As exciting as the huge gas fields in East Africa are, the strong decline in oil prices and expectations for an L-shaped recovery with low prices over the coming years, are increasingly challenging the economic viability of the industry in this region.

The discoveries were expected to drive billions of dollars in annual investment to the region over the next decade.

Read:Interesting-business-opportunities-in-tanzania-oil-and-natural-gas-sectors-for-local-entrepreneurs

According to BMI estimates, the finds in the last few years are more than that of any other region in the world, and the discoveries are expected to continue for the next few years. However, falling global oil prices are threatening the commercial viability of many of these gas prospects.
Gas opportunity

The Indian Ocean, off the coast of Mozambique and Tanzania, is proving to be a rich hunting ground for natural gas exploration. According to US Geological Survey estimates, the combined gas reserves of Mozambique and Tanzania could be as high as 250 trillion cubic feet.

In Mozambique alone, proven gas reserves have increased dramatically from a mere 4.6 trillion cubic feet in 2013 to 98.8 trillion cubic feet as of mid-2015. Given continued offshore discoveries and the size of discoveries to date, continued growth in proven gas reserves is likely to continue into the foreseeable future.

New exploration on more frontier blocks, however, will likely be slowed as oil and gas prices fall and companies apply increasing caution to investing in frontier markets with nascent industries, poor infrastructure and long lead times.
Driving down prices

As liquefied natural gas (LNG) contracts remain heavily indexed to oil, the fall in global oil prices poses significant downside risk to gas production projects. Persistent oversupply in the oil market continues to put downward pressure on oil prices.

This trend of lower prices is unlikely to reverse in the near future with future prices estimating the average Brent crude oil price to range between $50-65/bbl over the next five years. Industry research estimates that an oil price of $70-80/bbl would be needed for the LNG gas projects just to break even.

Sustained lower oil prices are likely to take a heavy toll on the development of upstream gas production and downstream refining projects in the region, as pricing uncertainties affect the commercial viability of LNG projects, delaying investment in the region.

This will likely see companies hold off on Final Investment Decisions (FID) as they attempt to overhaul projects to cut costs and wait for more certainty on the direction of prices.

In Mozambique, for example, both Eni and Andarko have yet to reach a FID on their respective LNG projects. The lower price environment will likely force these companies to secure more off-take agreements before reaching FID.

Furthermore, it is unclear whether these projects would be economically viable at current pricing levels, and given expectations for a slow recovery in oil prices over the coming years, we could see further uncertainty and delays in reaching FID.
Evaluating strategy

The free fall of global oil prices is forcing companies to re-evaluate their growth strategy in the region. Anadarko CEO, Al Walker told investors that it is “unlikely that we will have the kind of margins that we have seen historically that would encourage us to go back into a growth mode.”

In Tanzania, the situation is just as precarious. Gas output will depend on construction of an LNG export terminal; however the project partners – BG Group, Ophir Energy, Statoil and ExxonMobil – have yet to reach FID, due to pricing uncertainties and a range of legal and regulatory hurdles.

Downstream refining projects are also in jeopardy. According to a Sasol report, Sasol, Eni and ENH have announced a partnership to look into a feasibility study for a large-scale gas-to-liquids (GTL) facility in Mozambique.

However, key to the progression of a GTL project in Mozambique will be the cost of the gas feedstock and the long-term outlook for oil prices. Central to GTL economics is the price spread between natural gas and oil.

On a positive note, both Mozambique and Tanzania are expected to experience positive gas consumption growth as their respective governments look to increase the use of natural gas in domestic power generation. However, as in the case of Nigeria, there is a risk that each government may fix domestic gas prices, which could hinder investment in the region. Interestingly, Nigeria recently raised local gas prices to stimulate investment and plug persistent local shortages.

prepared by  Adam Bennot is a private equity Analyst at RisCura, a global, independent financial analytics provider and investment consultant. He is responsible performing valuations of companies held by private equity funds and funds of funds in Africa. 

Interesting Business opportunities In Tanzania oil and natural gas Sectors for Local Entrepreneurs

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Wish to invest in oil and natural gas sector in Tanzania?

You are in the process of learning admirable stuff.

With these immense discovery of natural gas in Tanzania, there is a higher chance for local entrepreneurs and companies to generate abundant wealth in the oil and gas sector.

The article examines  education and training business opportunities in Tanzanian oil and natural gas sector that you can start to day and creat huge wealth.,

Also it explains the reasons why there is huge demand for education and training in oil and gas sector and finally I will explain to you the tips to succeed in this kind of investment.

Read:2-reason-why-east-african-oil-and-gas-industry-could change-global-energy-market

Why is the demand for education and training in Tanzanian oil and natural gas sector
Before we move to the business opportunities in Education and training in natural gas sector in Tanzania is important to have better understanding on the factors that drives the great demand of this business,

Desire to  higher productivity
In order to increase production and efficiency in workplace, both government and private sectors should consider staff training

Having Staff who are well trained in Tanzania natural gas sector is very important as it help most oil and gas project to succeeded at right time and with higher efficiency

Staff training has wider ranges from technical to no technical programmes, including presentation leadership etc.This indicates that demand for this investment is very very huge in Tanzania.

More skilled local workers are required in Tanzania oil and gas sector
According to FootprinttoAfrica Tanzania government has set a goal to train 1,350 graduates in different courses by June next year.

But still Tanzania requires a sizable number of human capital with relevant knowledge and skills in the development and management of the oil and gas sector in order to realize her full potential of the local content in the industry.

So more training are required to locals in order to have sizable number of  labors  that have knowledge and skills relevant to oil and gas.

Tanzanians expect  millions of jobs from oil and gas industry
According Twaweza.organization, Tanzanians expect 4 millions jobs from oil and natural gas sector, this drives more demand for education and training business, as the many Tanzanians are swarming to study courses related to oil and gas industry in order to be employed in this industry.

Educational and training Investment Opportunities in Tanzania’s’ natural gas sector.
The educational and business opportunities that entrepreneur like you or local companies can consider in Tanzanians natural gas sector include the following

Train trainer program
According to the Norwegian agency for development co-operation(NORAD), revealed that among of the challenge that training in oil and gas sector in Tanzania faced is a lack of qualified teaching staff. imgresAs a local entrepreneur.

You can turn this challenge into opportunities by establishing train trainer program. Your job here is to train those college and university tutors in Tanzania so as to ensure they deliver quality education that is relevant to oil and gas industry.

Also, you can go the extra mile by training other people in a national oil company and the ministry of energy as a whole in order to increase efficiency at their work that meet the demand for oil and gas industry.
Curriculum development
Among of specific objectives of 2014 local-content-policy-of-tanzania-for-oil-gas-industry is to enable regional training institution runs requisite curriculum applicable for oil and gas industry.
Currently, we have multiple local institutions that offer oil and gas related courses. We hold the University of Dodoma, University of Dar es Salaam, Mineral Resources institute, the Nelson Mandela Africa institute of science and technology and Earth science institute of Shinyanga.
For entrepreneur like you this is the opportunities to create wealth by fixing this challenge of poor curriculum

Vocational training
Owing to the shortage of vocational training relevant to oil and gas industry in Tanzania, there are not sufficient machine operators, repairmen in Tanzania’s’ natural gas sector. imgresIn order reduces the influx of foreign workers in Tanzanian oil and natural gas sector. The industry will require more local labors to do this job in this oil and gas industry.

Tips to succeed in education and training business in Tanzanian oil and natural gas sector
As you understand venturing into education and training business in oil and gas sector, you must have clear goals and serious consideration.
The following are some tricks required in order to reach your destination
Laws rules and regulations
In Tanzania education and training institution is controlled by government, therefore in order to be successful in this business is better to follow those rules and regulation, interested entrepreneur you should get permit or license from the relevant authority.
Capital
As the capital becomes a popular excuse to countless entrepreneurs, is very bitter if you will find investors and a bank that will be willing to invest into your training idea. Other ways start your education and training business in the oil and gas business at a scale that you afford.
Partnership and alliance is essential in this business
The common challenge in education and training business in oil and gas sector is the experience and knowledge of teachers, the solution of this is partnership or alliance.

You should form partnerships with other foreign based training providers such as university and colleges that have a qualified trainers with knowledge and experience to deliver quality training

For example Germany United Kingdom   they are willing to work closely with private sector to deliver support in training institutions in Tanzania and East Africa as whole

You can also read:what-does-natural-gas-discovery-in-tanzania-mean-for-local-entrepreneurs

Read:6-oil-and-gas-business-opportunity-in-Tanzania

Final Word
Tanzania is the land of unlimited business opportunities, Since the demand of training business in Tanzania natural gas sector is very huge, Entrepreneur like you is right time to accumulate wealth in this  interesting business

Uk, German To Prepare Local People for Jobs in East Africa Oil and Gas Sector

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Nairobi — THE United Kingdom and German have designed an initiative aimed equipping local populations with skills needed to seize job opportunities in the oil and gas sector in East Africa and Mozambique.

The initiative by the UK’s Department for International Development (DFID-Kenya) and the German Ministry for Economic Cooperation and Development (BMZ), dubbed Skills for Oil and Gas Africa (SOGA) will focus on Kenya, Uganda Tanzania and Mozambique.

Also Read:2-reason why east African-oil-and-gas-industry-could-change-global-energy market

The five year project (2015-2019) implemented by GIZ and co-funded by UK aid (£25 million) is expected to help 32 000 local people to get sustainable jobs in the sector over the period.

Hendrik Linneweber – GIZ Country Director for Kenya said the recent oil and gas discoveries in Kenya and Eastern African countries offered an unprecedented opportunity for economic growth and development.

“In the next two years, the oil and gas Industry will have a huge demand of technical skills and there is an urgent need to qualify and prepare these people for future jobs,” Linneweber.

Head of DFID Kenya, Lisa Phillips, said the UK, through DFID, was committed to ensuring efforts to promote economic development in East Africa wer sustainable and long-lasting.

“SOGA will assist the private sector and partner governments in preparing their workforce for upcoming opportunities and will ensure that any jobs which are created by the Oil & Gas Industry are open and accessible to local people,” she said.

An inception phase of the programme was conducted between January and September 2015 in the four countries with the aim of identifying common areas for partnership and collaboration with the private sector and government which would be integrated in the implementation of the programme and national system.

The will work closely with the private sector and government to deliver support to training institutions, establishing business enterprise development centres and assist local people to win contracts to supply goods and services to the oil and gas industry.

Kenya undeterred by plan to build oil pipeline through Tanzania

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Kenya has shrugged off fears over a decision by neighbouring Uganda to consider building a crude oil pipeline through Tanzania.

Kenya brushed aside concerns that Uganda’s plan, if it proves cheaper than the alternatives, would scuttle its infrastructural plans for its own oil pipeline.

Acting Transport Cabinet Secretary James Macharia told the Nation on Wednesday that while Kenya is “keenly keeping a close watch on the unfolding events in Uganda”, it would go ahead with its own infrastructural plans “undeterred”.

“We are going according to our own plans. Nothing has changed,” said Mr Macharia in Nairobi.

Last month, it emerged that Kenya’s prospects of a crude oil pipeline through Hoima-Lokichar-Lamu could be crushed after Uganda signed an agreement with Tanzania to explore the Tanga route.

Uganda, Tanzania, the Tanzania Petroleum Development Corporation and Total E&P Uganda signed a memorandum of understanding (MoU) outlining new pipeline arrangements.

The MoU also invited other interested parties, such as Kenya, to assess and develop the Tanga route, creating a base for developing a crude export pipeline from Hoima to Tanzania’s Tanga port.

If Uganda goes ahead to construct the pipeline through Tanzania, it will deal a major blow to Kenya’s Lamu Port-South Sudan-Ethiopia Transport corridor (Lapsset) project.

“We are simply evaluating the least-cost pipeline route through the East African coast, our plans focus on ensuring our crude oil has value,” Uganda’s Ministry of Energy and Mineral Development Permanent Secretary Fred Kabagambe-Kaliisa was quoted as saying in Ugandan media.

But in Nairobi, Mr Macharia said while Kenya was keenly awaiting the decision from planned talks between President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni on the way forward, Kenya’s plans would not be derailed.

“In the last summit which was a few weeks ago, the matter was discussed and what was decided was that the two head of states (Mr Uhuru and Mr Museveni) would hold bilateral talks and chart the way forward.

“Either way we are looking into options which will protect our national interests. There is no cause for concern,” said Mr Macharia.

During his presidential visit to Uganda in August, President Kenyatta said Kenya and Uganda had settled on the northern route for the Sh400 billion crude oil pipeline that would transport oil from Albertine to Lokichar in Turkana County.

Tanzania:Mnazi Bay Operational Update – First Payment Received

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Wentworth – the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil and gas company – is pleased to provide an operational update following first delivery of gas to the pipeline project from its assets near Mnazi Bay, Tanzania.
Deliveries of gas

Further to the company’s announcement on 20 August 2015 that gas deliveries to the new transnational pipeline had commenced, the gas production facilities at Madimba, the Mtwara to Dar es Salaam pipeline and the Kinyerezi Gas Receiving

Facility have now been fully commissioned and are operational. Mnazi Bay Gas is currently being used to generate power in Dar es Salaam at the existing Ubungo-II and Symbian power plants, as well as at the new Kinyerezi-I power plant.

Production volumes into the pipeline are currently at 33 million ft3/d from three wells on a restricted flow basis, and are expected to reach 80 million ft3/d once all of the generators at these three power plants are fully operational, which is expected in 4Q15.

You can also like to read: 2 Reasons why east African oil and gas industry could change global energy market

Three of the five existing gas wells at Mnazi Bay have been successfully brought on-stream with well performance in line with expectations. The fourth well is expected to be tied in during the month of November 2015 and the fifth well is expected to be tied in and ready to produce into the new pipeline in 1Q16.
Sales and payments

Sales gas volumes of 1032 million ft3 were delivered to the new pipeline during October 2015 (an average of 33 million ft3/d) and a gross payment of US$3.8 million to the Mnazi Bay Joint Venture Partners has been received from the buyer of the gas, Tanzania Petroleum Development Corporation (TPDC).

Under the Gas Sales Agreement signed on 12 September 2014, the sale price has been set at US$3 per million BTU, approximately US$3.07 per thousand ft3, rising in line with the US CPI industrial index commencing in 2016.
Geoff Bury, Managing Director, commented:

“We are pleased with the progress that has been made by the Government during the start-up and commissioning phases and we are delighted about how well the new pipeline system is working. We, along with our Joint Venture Partners, feel confident that our existing wells will be capable of delivering the initial target production volumes of 80 million ft3/d while we expect the Government owned power plants to be ready to take the full amount of these volumes during the last quarter of 2015. The Mnazi Bay Concession gas plays a vital role in reducing the cost and improving the reliability of power generation in Tanzania.

5 Things No One Tells You About Tanzania Oil and Gas Workers

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Do you very interested to know numerous things  that Tanzanians who work  in oil and gas companies have in general?

You are about to learn excellent stuff.

Okay, let’s go..!

1: They love what they do
When you talk with Tanzanians who are working in oil and gas companies, they like to talk much concerning their jobs, memorable trips and challenges they face,

What does this imply?
The logic here is very   simple: If they like to talk much about their works this  means   they enjoy their jobs,
You can’t   talk much about the job you hate.

2: They graduate with neither petroleum courses

Most of Tanzania oil and gas workers they don’t have college courses related to oil and gas industry   like petroleum engineering, petroleum geosciences reservoir engineering   petroleum account etc:
They just join petroleum industry with other courses like chemical engineering,  Telecommunication engineering,   Mechanical engineering information technology etc.

3: Have  good academic history
Most of them they have great grades, As you know    many oil and gas   attract  best college students, So, most of them they finished with great grades.

You can also like to read:3 surprising Benefits,and disadvantages of working-in-oil-and gas industry

4: They are enthusiastic to assist others

Most of Tanzania oil and gas workers are ready to assist young and adult professionals who are very eager to know about different issues related to oil and gas industry. They are willing to share knowledge concerning this industry.

5: Strong oral and written communication

I  always talk to Tanzania oil and gas workers or when we do some projects collectively, I surprised with  the way they perform tasks,  they able to communicate well with others  and they have good writing skills.

Final Words
All of the above can be summarized   through the next words, Tanzania oil and gas workers are very smart.

India Eyes On African Countries Petroleum Sector Including Tanzania

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India is reportedly seeking close cooperation with countries in Africa, home to some of the large hydrocarbon resources, to meet its energy and downstream industries’ requirements.

To explore opportunities in the sector, Dharmendra Pradhan, Minister of State, Petroleum and Natural Gas, along with senior officials of MoPNG and senior executives of public sector oil & gas companies, met government representatives of African countries such as Nigeria, Ghana, Angola, Tanzania, Mozambique, South Sudan, Algeria and Gabon during the 3rd India Africa Forum Summit.

According to MoPNG officials, India is keen to intensify its hydrocarbon cooperation with the African countries in upstream, midstream and downstream areas. Pradhan stressed upon the potential to graduate to an energy partnership between India and the African nations.

In an another event, Pradhan had accompanied Prime Minister Narendra Modi in his bilateral meetings with African countries such as Nigeria, Sudan, South Sudan, Gabon, Mozambique, Tanzania and Angola.

It may be noted that India imports about 33 million metric tonne (MMT) crude oil from Africa, which constitutes 18 percent of the country’s total crude import.

Indian public sector oil and gas companies have invested about $ 8 billion in oil & gas assets in Mozambique, Sudan and South Sudan. Engineers India Ltd (EIL) has been associated with refining sector in several countries as well.

To further give a push to cooperation in oil and gas sector, the government has decided to organise the 4th India-Africa hydrocarbon conference on January 21-22, 2016 in New Delhi.

Octant Energy To acquire Assest In Tanzania and Kenya

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Octant Energy Corp. (TSX VENTURE:OEL) (the “Corporation” or “Octant”) announces that it has entered into three agreements with subsidiary companies of Afren PLC to acquire assets in the Republic of Kenya and the United Republic of Tanzania (the “Proposed Transaction”).
The assets include Kenya Block L17/L18, Kenya Block 1, and in Tanzania, the Tanga Block.
The acquisition is important in the development of these assets for the region as it ensures that a team with extensive regional knowledge progresses the respective Production Sharing Contracts forward and raising the profile of the region through the continued delivery of near term actionable items on these assets.
The Octant team is lead by Richard Schmitt, President & CEO, and Christopher McLean, Executive Chairman. Both men have a long term history in the region with experiences going back to the initial acquisition and finance of the current discoveries in Kenya and select assets in Tanzania over the last 7-10 years.

Richard Schmitt, President and CEO of Octant says, “I am encouraged to be working with assets I know well from my past experiences.

This portfolio that Octant has secured is pivotal in the future development of Kenya and Tanzania as they further movement towards energy security and domestic growth in the countries. For me, being a part of East African growth and development again is a great opportunity and privilege.”

The acquisition of the PSC’s’ by Octant remains conditional on customary approvals from the respective governments. Once approval is received Octant will complete the acquisition of the PSC’s from Afren within 7 days.

At this time Octant is evaluating its future capital requirements with respect to these PSC’ and will provide future updates with respect the Proposed Transaction in due course.

Swala Oil Will Continue Exploration In Tanzania Despite Low Oil Prices

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, Tanzania - Swala Oil and Gas Tanzania will continue with its exploration programs across the country despite a drastic fall in global oil prices which has affected oil share prices globally including Tanzania.

 Tanzania – Swala Oil and Gas Tanzania will continue with its exploration programs across the country despite a drastic fall in global oil prices which has affected oil share prices globally including Tanzania.

 

Speaking shortly after the Annual General Meeting a year since its listing on the Dar es Salaam Stock Exchange (DSE), Swala Chief Executive Officer, David Ridge told reporters that for the past twelve months oil has come down from $130 to $50 a barrel adding that the situation has affected oil share prices everywhere in the world.

Dr Ridge said Swala Tanzania Initial Public Offer (IPO) price of Tsh 500 was the price still in existence since the company listed on DSE stressing that it has maintained the value over the last twelve months.

Read:3 surprising advantages and-disadvantages of oil and gas career

He however noted that, the company has lost 18% to 16% of its share value in the last twelve months explaining that the movement in share prices is global and partly driven by the fluctuating oil prices. “In case oil prices change just like other commodities do that will be reflected in the line share pricing” he said

Ridge noted that, if the market is difficult and share prices are going down investors are obliged to look for other ways of financing and the deal that Swala entered with Tata Petrodyne was one such way of alternatively financing Swala developments.

“Despite the fall of oil prices, Tata was willing to seal the deal that ensured that we will be able to sell some equity to a new participant. In our agreement, Tata will pay us a portion of past costs that will enable us to get an additional $6 million from $7.5 million which will go a long way in financing our operational costs”, said Dr Ridge.

“Tata Petrodyne will also pay part of our drilling costs up to about $4 million to $4.5 million and if we are successful in Kilombero they will pay another $1 million to work on exploration which brings the total value of the deal to stand at $12.5 million. In this regard, we do not have to raisemore equity at the time when the share prices have not come to its ideal prices,” he added.

Swala is the first oil and gas company to list on an East African stock exchange. It is an affiliated company to Swala Energy Limited, a company that is listed on the Australian Securities Exchange (ASX).

Swala holds assets in the world-class East African Rift System with a total net land package in excess of 17,500km2. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of East Africa.