10 Tried and True Tactics For Generating More Leads and Sales In Tanzania

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Sales is a lifeblood of your business. Without sales, no cash flow and without cash flow no business. In other words, sales are an oxygen of your business.
If you want to generate more sales for products and services in Tanzania, then here are 10 proven ways that will skyrocket your sales.
.
1. Networking.
Trust and relationship are what drives modern business. People prefer to do business with people they like and trust. So networking is a key to success. If you develop a relationship with your prospects and client there is a greater chance they will reward you a sales.

2. Telemarketing.
The smartest way to generate more leads and sales is to have a list of pros[ect and set up them a call for a face to face meeting.
To make this work for you.

  • Make a list of individuals or business you want to reach out. Make sure you have a good list.
  • Start reaching out. Now you have a good list and get them on call to set up an appointment. Don’t be scared because you offer products and services that are valuable to them. Resolve yourself at this moment to ask for the business. The goal here is to book for an appointment.
  • Prepare Sales Script. If they offer you an appointment, organize sales script of the products and services that will hook your prospect.
  • Follow Up. And Follow up again. In case your prospect says to you they are busy. Never give up. follow up them after 3 to 7 days.

3. Strategic Alliance
This is when you join forces with other business and pull up all of your resources, experience capital and expertise to help each other.

If you join up with other business you form bonding capacity that each business could not have individually.

As you will be marketing as the one-stop shop you form great capacity to help outperform the competition and generate more sales. To stand out in this tactic make sure the alliance is a win-win situation

4. Distributor or Agent.
• This is a quick way to move your products in Tanzania. This is strategies where you generate sales for your services or products via an individual or business.

When you are picking an agent, considering the reputation of the individual or business you want to work with.
• Because if you’re an agent has the poor reputation it will decrease your business credibility as well.

 

Read also:

What is a Petrol Station Business and Why Should Anyone Look Inside This Recession Proof Business

 

5. Online presence/web
In today information age. I call it “Smartphone age” clients are online researching for the products or services before making a buying decision.

Engineers visit online to search for the specification of tools and equipment they want before they suggest them to their managers.

So if you don’t have an online presence for your business, you are losing huge business.

The world is changing too fast and today, each business should treat a website as a part of their sales team that generally lead to a business.

Remember people don’t go online to buy, but they visit online to research.

So set up a website for your business and update your website with informative article explain the benefit of the services and products you offer or simply post a press release about your business.

6.Sales representative.
Hiring sales representative is the best strategies to generates more sales. Let them be sales representative and pay them a commission based on the sales they made.

Draw up an agreement with the percentage they earn for sales they make. Keep them focused with sales and avoid to burdened them with a lot of paperwork.

7.Magazine advertising.
Many online magazines sell ads space. You have the option to buy banner ads space to advertise your products and services.

As these magazines attract a lot of readers, you will generate more sales as the people who read the magazine get attention to the ads.

To succeed in this strategy, set up your advert with words that hook customers and include your contact details, so the customers can contact you directly to make a purchase. Never treat advertising as expenses but regard it as an investment.

8. Product release.
In this tactics, you generate leads and sales by reaching out to online trade magazine and ask them to send them your product release as free advertising.

So try to reach out to any trade magazine that you think your target customers must be reading such magazine and ask the editor to publish your product release.

You can send us (Tanzania petroleum) your product release or technical article will publish and promote it to our audience as long as we feel it’s good information to our audience.

So include your name, address and phone number of your company so as people you care about can read the information.

9.Attend trade show and events,
Look for the trade show that resonates with your business. Research who will be the participants. And once you attend collect contact of the people or business you would like to work with.

10. Referral
This is a cost-effective way to make more sales is through word of mouth. If you have a friend know someone else in the companies, reach out to him and ask him to introduce the client. Always reward those people who introduce you to your target customers.

What to do Next.
I have described 10 lead and sales generation strategies that will generate you more sales. So pick 5 that make sense for your ideal products and service. And put to them to use right now. I promise you will be glad you did.
If you have suggestions, reach out to me via. Hussein. Boffu@tanzaniapetroleum.com. I read all the emails

Total’s Entry Into Oil and Gas

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ByJoe Watson Gakuo – Chief Executive Officer at Upstream Oil & Gas Ltd and the Founder, Upstream Oil & Gas Awards in East Africa. Email: jwatson@upstreamgrp.com

 

Oil is power. Those who can consistently get their hands on most oil, at the best prices, will rule. Total entry into Kenya’s upstream sector is very telling.

Kenya and East Africa as a whole has followed a long path in the exploration of oil and gas resources. On the back of soaring crude oil prices between 2004 and 2014, there was a rush of exploration interest in the region. As promising exploration results were announced, the Big Oil players started to move in. Statoil, Shell (also in Kenya), Petrobras and ExxonMobil are in Tanzania while ENI is established in Mozambique. This confirms this regions reputation as a promising new frontier.

Read Also:Tanzania’s natural gas could heat Uganda’s crude oil pipeline

Large onshore oil finds in Uganda in 2006, followed six years later by discoveries in Kenya created a great deal of optimism over the region’s prospect. Coupled with huge gas discoveries in Mozambique and offshore Tanzania, the region was emerging as a true frontier in the upstream industry. The world took notice, and the oil and gas majors were not to be left behind.

The recent announcement that Total, an oil major, that it will take up 25 percent of Turkana oilfields, and also their commitment to the construction of the Lokichar- Lamu crude oil pipeline is welcome but also surprising given what has transpired over the last couple of years.

From a regional economic perspective, there was a straightforward solution to export Uganda and Kenya’s oil resources. Considering that mainland Tanzania does not have any oil discoveries, a joint pipeline from Lake Albert in Uganda, linked to Turkana oilfields on Kenya and onward to Lamu would allow the region to take to market newly discovered resources.

It is reported that Total exerted their influence to prioritise a new crude oil pipeline from Hoima in Uganda to Tanga in Tanzania, much to Kenya’s government chagrin.

However, it seems that Total have had a long-term plan in place in consolidating their interests in the East Africa region, in both upstream and downstream operations. In recent years, the company has acquired Elf Oil Kenya, Caltex (Chevron Kenya Ltd and Gulf Africa Petroleum Corporation. Main assets being logistic terminals and a retail network of service stations

With this development now, the company will find itself in an uncomfortable situation, having convinced Uganda to short-change Kenya on the route of its export pipeline. Something that did not go down well with most Kenyans, including people in the corridors of power. I hope they will deliver on the promise they just made to President Uhuru Kenyatta.

Total is not new in Kenya. They have been present in the country since 1955. As recent as 2011, their its Total E&P Kenya BV, it acquired interests in five offshore exploration blocks in the Lamu basin which included blocks L5, L7, L11a, L11b and L12. This was part of their larger strategy which consisted acquiring large stakes in emerging frontier regions.

As far as investments were concerned, East Africa took up nearly 32 percent of Africa’s oil and gas investments. Then came the fall in global oil prices in mid-2014, and the oil rush lost momentum. This served to deflate expectations for the region’s potential and slowed progress towards the development of crude oil pipelines.

During this period, Total moved to solidify its regional petroleum interests by acquiring Maersk Oil’s significant upstream assets in Kenya. In line with their global strategy, they also acquired the portfolio of Engie’s upstream liquefied natural gas (LNG) assets.

The two crude oil pipelines in East Africa are important in de-risking new exploration areas in the region, and with rising global prices, this would also incentivise exploration activities. This would work in Total’s favour given they have interests in the north eastern DRC where they did seismic work in 2016.

The construction of the Lokichar-Lamu crude oil pipeline would also bring closer the dream of South Sudanese government exporting their oil through Kenya, bypassing the only existing crude pipeline through their hostile neighbour Sudan. This is very important to Total given their interests in Block B, beleieved to hold significant oil deposits.

The completion of the 1,445km Hoima – Tanga, and the 985km Lokichar – Lamu pipelines will allow Total to tie up all its assets, and link the entire region’s growing oil resources. This will also give them considerable power which they might leverage to influence regional politics and policies.

Tanzania’s natural gas could heat Uganda’s crude oil pipeline

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Uganda is consideringtapping into Tanzania’s huge natural gas potential for heating the East African Crude Oil Pipeline (EACOP) from Hoima to Tanga.

The crude oil discovered in Uganda is said to be waxy with low sulphur making it difficult to flow through the pipeline without constant warmth heated above 65 degrees Celsius.

The USD 3.55 billion pipeline will be the longest electrically heated pipeline in the world. While the two governments and the lead investor have in the past been considering using electricity or diverting some of the crude oil for heating the pipeline, a new option of constructing a pipeline for transporting gas from Tanzania is under discussion.

 

Also Read:10 Tried and True Tactics For Generating More Leads and Sales In Tanzania

Tanzania has 57 trillion cubic feet (tcf) of undeveloped and proven natural gas reserves that can be turned into Liquefied Natural Gas (LNG). It is emerging that resource can be used by Uganda to enable the flow of the crude oil from Hoima to Tanga and as well be used to develop Uganda’s iron ore.

The latest development was revealed by the Uganda National Oil Company (UNOC) General Manager, John Bosco Habumugisha, one of the panel discussants at the Second Annual Africa Energy Forum in Kampala.

He said the key issue is whether Uganda can find an alternative that is cheaper to have the pipeline heated for the entire 1,445km journey running from Hoima to Tanga Port in Tanzania, at the Indian Ocean.

The construction of the pipeline is being spearheaded by Total E&P Uganda, a subsidiary of French oil giant, Total S.A, on behalf of the joint venture partners Tullow and CNOOC.

Habumugisha in an interview said the two countries and the joint venture partners have to agree on the principles over the possibility of another pipeline for gas from Tanzania before they the can move into a studies phase that could evaluate what size of the pipeline, how much gas could be required and where would the pipeline pass.

He revealed that those processes are still in early stages between the two states to agree on the principles before they could proceed to the feasibility studies stage.

Uganda has on recent confirmed 500 billion cubic feet (tcf) of natural gas but Habumugisha says that is not a big amount of gas to sustain operations of the East African Crude Oil Pipeline over the envisaged 25 year period.

He explained that it cannot even be enough for the development of Uganda’s steel industry because the steel industry equally requires adequate supply over a long period d of time. Part of Uganda’s 500 billion cubic feet (tcf) will be used to develop oil fields within Uganda because they equally need electricity to run.

President Yoweri Museveni and his Tanzanian Counterpart, John Pombe Magufuli at a Masaka State lodge meeting late last year hinted on the need for the two to utilize their rich natural resources to propel development on either side.

Asked about the likely cost of the two countries implementing to big projects, Habumugisha said the crude oil pipeline is being developed as a regionally available infrastructure and that provisions have been made for third party access for countries like Rwanda, DRC and South Sudan.

Energy and Mineral Development Minister, Engineer Irene Muloni in December held a bilateral meeting with a delegation from Democratic Republic of Congo over the East African Crude Oil Pipeline.

Jean-Lu Bruggeman, the Total E&P Uganda’s Project Director for East African Crude Oil Pipeline said there is still a challenge to finding a cost-effective means of heating the pipeline given the waxy nature of Uganda’s oil.

Bruggeman was however hesitant to discuss the new Tanzanian natural gas pipeline option coming in as part of the solution. As the two governments discuss the matter, some officials at the Ministry of Energy have in the past weighed down the option of burning crude oil to heat the East African Crude oil Pipeline. The cheapest option so far available is the electricity option where connections would lay along the pipeline.

Progress of the pipeline

The Crude Oil Pipeline is according to the Energy Ministry is progressing well as Uganda and Tanzania begin the fast-track mode towards completing before 2020 when first oil is expected.

Jean-Lu Bruggeman revealed that Front-End Engineering Designs (FEED), for the pipeline was completed and handed over to the government in December 2017.

Gulf Interstate Engineering Company last year awarded a 36-billion dollar job by Total Exploration & Production Uganda (TEPU) and its partners, China National Offshore Oil Corporation (CNOOC) and Tullow Oil, to carry out front-end engineering and design (FEED).

John Bosco Habumugisha confirmed that Front End Engineering Designs were received and that there is an optimization study going on in Uganda and Tanzania to follow up on the FEED studies.

He says optimization is important to ensure that best economics is obtained for the project and to ensure that the best standards are followed. The optimization study is expected to be completed by the end of this month. A financial analysis is expected to be conducted at the end of the optimization study financing purposes.

Seven Reasons To Start A Petrol Station Business In Tanzania

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Starting a petrol station business can the wise decision you can make as an entrepreneur.

To go into this line of business you need to do a proper research in the area you want to launch a petrol station, Is your land located on the highway with a sufficient number of cars passing every day or generally, you have a uncover an area where people travel far to buy fuel?

Also you need to know the startup cost for set up a petrol station. And the price of necessary machines and equipment required to run a petrol station.

Considering you will research on how to start a petrol station business in Tanzania, here are 5 reasons why you should seriously think to venture into the petrol station business

1.Tangible Investment.
Unlike other people who invest in the stock, forex market which exposes to higher financial risk. Your money can’t vaporize in the petrol station business because you know each break you put your money into.

So even you stop running your business you can lease or sell it to other investors and still something tangible to hold on.

2.Solid returns
The petrol station is another name of wealth, If doubt gets face time with petrol station owners, you will be shocked by their lifestyle.

Many petrol station owners are struggling with finances, this is because of solid return they generate from a petrol station.

3.Related Business Opportunities.
Petrol station owners make additional income by offering variety of products and services related to the principal business such as offering Soda, Water, Milk, Snack food and services like car wash, mechanics workshop etc

4.Really Recession Proof Business
Unlike other business which shut down in the recession, Petrol station thriving even bad economy. Regardless of the bad economy, people drive, transport vehicle will drop in your petrol station to consume your fuel.

5.Additional Revenue.
In your petrol station, you can make additional income through advertising and promotion like allow entrepreneurs to set up billboards on your petrol station.

6. Doesn’t require four-year university degree or high school diploma
Running petrol station does not require exquisite qualifications, like having business administration diploma, or master degree in marketing and selling.

As long as you have a smart mind to learn or get the training, then the journey will be convenient.

7.No loss Business
Even if you stop running your petrol station, selling the petrol station equipment, like dispensing pumps, land and office building can recover your investment.

So if you are thinking to start your petrol station business and you want to save months or even years of hassles on researching learning the requirement to start petrol station business in Tanzania. Here is a good news for you.

 

Because…

Introducing…

What if you could learn the requirements of starting a petrol station without wasting precious years? What if you could learn what it takes to run a filling station? What if you could do that without begging, bribing, or cajoling anybody? What if you could do that now?

This books answers all your questions concerning this subject. Below are some of what you’ll learn in the book:

  •  Three ways to start a filling station business in Tanzania, and the easiest among them.
  •         The steps and procedures to obtain licenses and permits to setup a petrol station.
  •          The list of certificates you need to run a petrol station.
  •          The cost of setting up a petrol station in Tanzania.
  •          The equipment and machines you need to have a complete filling station, their prices, and where you can buy them.
  • The factors determining the profit margin of petrol stations.
  • Three ways to become a dealer of oil companies in Tanzania.
  • How to setup a petrol station using the brand name of major oil companies in Tanzania such as Total, PUMA, etc.
  • The marketing strategies you should employ for your station.
  • How to control theft and avoid robbery in your station. (Ignore this and watch robbers flock in every now and then.)
  • The challenges associated with running a petrol station.

The Complete Guide for Just a Token

Not TZS 200,000.

Not TZS 100,000.

Not even the regular TZS 50,000.

Get this guide now for a token of TZS 50,000.

To buy the book, make a payment of TZS 50,000 through Tgo pesa, M-pesa to any of these numbers

  1. +255655376543
  2. +255689955711

Once your payment is done, send an SMS to +255689955711 or +255655376543 with the following details:

  • Your full name.
  • Your email address.

Alternatively, send an email with the above details to info@tanzaniapetroleum.com The moment we receive your email or SMS, and we confirm your payment, the eBook will be delivered to your email address (in PDF format) within ten minutes.

You can then download it and read it on your Smartphone or computer.

If you’re not in Tanzania, send an email to info@tanzaniapetroleum.com and we will devise a payment option for you.

 

Frequently Asked Questions

What kind of book will I receive?

The book will be in PDF format, delivered digitally via email. There are not physical copies of the book sold at this time.

What happens after payment?

Once a payment has been made, you will receive an  email,  with attachment of your purchased copy which you will  obtain a copy of the PDF book.

Meet the Author

Hello, my name is Hussein Boffu, and I’m the author of How to Start and Run a Profitable Petrol Station Business in Tanzania. I’m also the founder of TanzaniaPetroleum.com

I am an entrepreneur specializing in the oil-and-gas supply chain. For quite some time now, I’ve been consulting a lot of businesses, both local and international, regarding starting a business in Tanzania’s oil and gas sector.

I have been approaching and talking to executives, and have been selling goods and equipment to various oil-and-gas companies in Tanzania.

What Others Are Saying About Me

“I was amazed when I first found his informative article on the internet. My reaction? Wow. It was the absolute best anyone could offer the petroleum industry. So, I emailed him for a face-to-face interview. And we met. Seriously, I have a strongly feeling about him. Hussein Boffu enlightens people who are passionate about doing business in the oil and gas sector in Tanzania.” –Mussa J. Mlindwa, Commercial Assistant, American Embassy, Tanzania.

 

“I have found Hussein to be a veritable fountain of information with a vast and useful network of senior contacts when I first sought information about the Tanzania’s oil and gas industry. Also, Hussein has a newsletter and website that is arguably one of the international community’s first stops when considering investment into Tanzania.” –Daniel R. Butler, Consultant and CEO of MelbourneSRO, The Czech Republic.

 

 

See List Of Oil an Gas Companies In Tanzania And Their Contact Details 2018

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Oil and gas companies buy a bunch of products and services and hire enormous workers. And you don’t need to be a rocket scientist to recognize that getting a business in such companies is the substantial reward to reap. So here I bring to you the list of active oil and gas companies that are extracting oil and gas resources in Tanzania and their contact details. Meaning that you can contact them for a business purpose, job or any inquiry. If you reach out to them and you don’t hear back. Never lose hope. Oilmen are super busy. But because I hate to see the good people fail. I have also listed their physical address. So you should plan a visit to their premises based o your purpose.
Now, let meet them.

Shell Tanzania

1st Floor, Kilwa House,

Plot 369 Toure Drive, Oysterbay

P.O. Box 105833

Dar es Salaam,Tanzania

Tel: +255 222 218 300

Total Tanzania Ltd

Msasani Peninsula, Haile Selassie Road

Plot no. 1720

P.O.Box 1503

Dar es salaam, Tanzania

Tel: + +255 22 2927700/+255 22 2927701

Email:  totaltanzania@total.co.tz

Webite: www.total.co.tz

 

 

  East African Crude Oil Pipeline (EACOP) project In Tanzania                  

TEAM- Total East Africa Midstream, 369  Toure Drive

Ground floor, Kilwa House Oysterbay

P.Box 23917 Kinondoni Dar es  salaam, Tanzania

Tel: 0800780068(Toll free) or +255(0)222296742

Email: EACOP.info@total.com

 

 

Swala Oil and Gas Tanzania Plc
2nd Floor Oyster Plaza
Plot No. 1196- Oysterbay
Haile Selassie Road
P.O. Box 105266
Dar es Salaam, Tanzania

Phone: +255 (0) 755 687 785
Email: info@swalaoilandgas.com

 

Statoil Tanzania Limited

Plot no. 14031

Msasani Penisula, Bains Singh Avenue

Masaki, Dar es salaam, Tanzania

 

 

Ndovu Resources Ltd/Aminex Plc
Plot No. 431, Mahando Street
Msasani Peninsular
PO Box 105589
Dar es Salaam, Tanzania
Tel: +255 (0)22 2600814
Fax: +255 (0)22 2601809

Website: http://aminex-plc.com

 

CAROIL(T) limited

Mandela Road, Maurelprom Tabata Yard.

P.O.Box 80460

Dar es salaam, Tanzania

Tel +2552226021946/+255222601724

Website: www.caroil.f

 

Songas Limited

Capetown Fish Market Bidg, 4th  Floor

180 Msasani Bay Msasani Penisula

P.Box 6342

Dar es salaam, Tanzania

Phone: +255222452160

Fax: +2552224526/2

Email: info@songas.com

Website: www.songas.com/

 

 

Dodsal Resourxces& Mining  Itingi(Tanzania) Pvt.ltd

1st Floor, Coco Plaza

Plot 254, Toure Drive, Oysterbay

P.Box: 12049

Dar es salaam, Tanzania

Tel  +255222199400

Fax :    +255222923105

Website:www.dodsal.com

 

Maurel exploration Production Tanzania Limited

1778 Masaki street

Msasani Penisular

Dar es salaam, Tanzania

 

Pan African energy  Tanzania Ltd

Oyster Plaza Building
5th Floor, Haile Selassie Road
Box 80139, Dar es Salaam, Tanzania

Phone: 255 (0) 22 2138 737
Tax: 255 (0) 22 2138 938

Website: panafricanenergy.com/

Heritage Oil Tanzania Ltd

Oysterbay,
P.O. Box 38022, Dar Es Salaam , Tanzania
2668313

Phone +255 (22) 2668850

Website: www.heritageoilltd.com
 

 Start today by taking small actions towards your ideas. A little things matter. Small actions today can lead to big results tomorrow.

I am your partner, facilitator, motivator, and advisor.Reach out to now  via +255(0)655376543 or Hussein.boffu@tanzaniapetroleum.com

 

 

Solo Oil Significant Resource Upgrade Of The Ntorya Gas Discovery In Tanzania

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Solo Oil  has   announced  today the results of the recently completed Competent Persons Report (“CPR”) conducted independently by RPS Energy Consultants Limited (“RPS”) which results in a significant resource upgrade of the Ntorya gas discovery in the Ruvuma Petroleum Sharing Agreement (“Ruvuma PSA”) where Solo holds a 25% working interest. ‘

Aminex plc (“Aminex”), the operator of the Ruvuma PSA, has also confirmed that, when taken together with the Ntorya Gas Commercialisation Study prepared by io oil & gas consulting (“io consulting”) last year, these resources indicate the commercial feasibility of a proposed development at Ntorya.  RPS, a subsidiary of RPS Group, is an internationally-recognised resource reporting firm and io oil & gas consulting is a joint venture between Baker Hughes, a GE company, and McDermott.

Highlights

  • ·     Ntorya 2C contingent resource estimate increased to gross 763 billion cubic feet (“bcf”), an increase of over 10-fold from the 2015 CPR;

 

  • ·     Ntorya Pmean gross gas initially in place (“GIIP”) upgraded to 1.87 trillion cubic feet (“tcf”), which is an increase of 44% on previous management estimate of 1.34 tcf and an increase of approximately 12-fold from the previous CPR (pre-drilling of Ntorya-2) in 2015;
  • ·     io consulting has confirmed that the Ntorya gas development project could be sanctioned with three wells producing into a raw-gas pipeline to the Madimba gas plant approximately 33 kilometres away.

 

Based on this independent report undertaken by an industry leading consultancy, Solo now holds net resources of approximately 467 bcf Pmean GIIP, resulting in excess of 190 bcf (over 30 million barrels oil equivalent (“mmboe”)) of most likely contingent resources net to its 25% interest.

 

Neil Ritson, Solo’s Executive Chairman, commented:

“A further significant and material resource upgrade made independently by RPS supports the Company’s view that Ntorya is a major gas field within the regional market, thereby underpinning our development plans. 

The independent verification of our net interest equivalent to over 30 mmboe underlines the significant value of Ntorya within our portfolio. 

When taken with the results of the io consulting commercial feasibility study, we are now confident that Ntorya can be economically produced with limited further major capital expenditure. 

 This gives us line of sight to additional revenues and strengthens our ability to monetise our interest at the appropriate time.

 We now look forward to the confirmation that a rig has been secured for the drilling of appraisal well Ntorya-3, and to continued progress on the award of a 25-year development licence for the field.”

Ntorya Development

At Ntorya in the Ruvuma PSA, where the Company has participated in the drilling of two successful wells, Ntorya-1 and Ntroya-2, the gross 2C contingent resource estimate has been increased by RPS to 763 bcf, which is an increase of nearly 11 times over the previous 2015 CPR.

Pmean GIIP has also been upgraded for the third time since the drilling of the Ntorya-2 well to gross 1.87 tcf, up from the operator’s initial post-drilling estimate of gross 466 bcf and then gross 1.34 tcf in September 2017 which was based on a fully updated post-drilling basin model.

Encouragingly, io consulting’s work has also confirmed that the Ntorya gas development could be sanctioned with three wells; Ntorya-1, Ntorya-2 and, the yet to be drilled Ntorya-3 well, and that an early production scheme (“EPS”) would limit upfront capital expenditure and enable the main field development to be funded from future cash-flow.

Kiliwani North Development Area

At Kiliwani North, where Solo holds a 7.55% working interest and where approximately gross 6.4 bcf has been produced to date, RPS estimates gross 1.94 bcf of 2P reserves remain with a gross Pmean GIIP of 30.8 bcf.

It is planned to install compression at Kiliwani North-1 in order to increase recovery of the resources.  In addition, a new prospect has been identified within the Kiliwani North Development Licence (“KNDL”) at Kiliwani South with an additional estimated gross 57 bcf prospective Pmean GIIP.  As the KNDL was originally granted for 25 years (expiring in 2036), the operator is now conducting further technical work to assess the feasibility of further drilling which could lead to additional production into the Songo Songo Island gas processing plant.

Qualified Person’s Statement:  

The information contained in this announcement has been reviewed and approved by Neil Ritson, Chairman and Director for Solo Oil plc, who has over 40 years of relevant experience in the oil industry.  Mr. Ritson is a member of the Society of Petroleum Engineers (SPE), an Active Member of the American Association of Petroleum Geologists (AAPG) and is a Fellow of the Geological Society of London (BGS).

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.   

 

For further information:

Solo Oil plc

Neil Ritson / Dan Maling

+44 (0) 20 7440 0642

Beaumont Cornish Limited

Nominated Adviser and Joint Broker

Roland Cornish / Rosalind Abrahams

+44 (0) 20 7628 3396

Shore Capital

Joint Broker

Jerry Keen

Beaufort Securities

Joint Broker

Jon Belliss

Buchanan (PR)

Ben Romney / Chris Judd / Henry Wilson

+44 (0) 20 7408 4090

+44 (0) 20 7382 8300

+44 (0) 20 7466 5000

Enter into Upstream Oil and Gas Industry’s Awards

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Enter into Upstream Oil and Gas Industry’s Awards

By Hussein Boffu

The regional business community in the upstream oil and gas value chain, and the respective governments have given their full support to the Upstream Awards, an event aimed at celebrating achievement and excellence in the emerging industry in the region..

Do you know someone who has or a company that has made notable and positive contribution to the upstream oil and gas industry in East Africa? Nominate them now!

According to organizers, upstream oil and gas awards is a ceremony to recognize and celebrate outstanding achievements from within the emerging upstream oil and gas industry in the East African region. Open to individuals and companies operating in the region, these Awards highlight exceptional achievement across all key areas within the upstream oil and gas value chain.

“We have gotten great support from the players in the industry and also the government. This is great given the importance of this initiative to the entire upstream oil and gas industry in East Africa. We are keen to promote positive actions that will lead t the industry contributing to the welfare of our people while avoiding mistakes witnessed in other parts of Africa.”, said Joe Watson Gakuo, Upstream Oil and Gas Limited’s chief executive officer.

The high profile awards dubbed as the ‘Oscars of Oil and Gas’ were launched in 2017, and are expected to attract an exceptional list of guests who will gather to support and celebrate excellence in the emerging upstream industry in the region.

In 2018, Upstream Awards have now expanded to deliver two day of valuable content through the East Africa Oil and Gas Summit, which shall be held for two days immediately proceeding the award gala dinner.

“We are excited about these awards and we look forward to honouring those who have made positive contribution to the sector. We encourage people and companies to be part of this great initiative. It is going to be a great day” Mr. Gakuo added.

Upstream Awards is a great platform that builds on our culture to recognize and celebrate the incredible talent of our people. This will be done through an open and transparent judging process. The judging panel will consist of a team drawn from across the industry and their decision shall be final.

This event also gives the upstream oil and gas industry an opportunity to share and learn from one another, while honouring and recognising the important people who play their part in continually improving the industry.

“I wish every participant all the best,” said Mr. Gakuo in his closing comments.

 

hussein.boffu@tanzaniapetroleum.com

+255655376543

 

Million Dollar Overlooked Opportunities In The East African Crude Oil Pipeline (EACOP) Project

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Did you hear Tanzania and Uganda are going to build crude oil pipeline shortly? of course, you have.

The simple truth is that the major oil and gas players including TOTAL, Tullow, and CNOOC in partnership with state-owned oil companies of both host countries stand to build the crude oil pipeline that will move crude oil from Hoima in Uganda to Tanga port before shipped to the international market.

But what is the potential employment and key business opportunities will be available throughout the construction of the project? Who will offer you those opportunities? And what are criteria to be selected as supplier or contractor?

Don’t worry, In the next few seconds, I’ll tackle those questions for you.
Why do I want you to know all such things? In fact, it will enable you to plan for opportunities coming up. And takes advantages of opportunities during the construction phase of the project
Now, let dive in
Who To Contact For A Job and Businesses In The EACOP project

Here’s many people are misleading, Most of us think that EACOP project team will hire local business and manpower directly. But it does not work that way. Here’s how it works

EACOP Project Team → Main Contractor→ Implementation contractor →Subcontractor

EACOP project team Tanzania hires the main contractor. The main contractor is the pipeline construction company that will build the East African crude oil pipeline. So in this regard, the EACOP project team are:

  • Total Uganda Limited
  • CNOOC Uganda Limited
  • TULLOW Uganda Limited.
  • Tanzania petroleum Development corperation(TPDC)
  • Uganda National Oil Company (UNOC)

In turn, pipeline construction contractors will hire implementation contractors and subcontractors to help them construct the pipeline.

Technically speaking, Many local business opportunities will come in form of subcontracting.
So if you are equipment provider or even service providers seeking opportunities in the EACOP project.

I strongly suggest you look to the who wins the pipeline construction job and get them to register you as suppliers or service providers in their supplier’s database. The same way job seekers.you should approach the pipeline construction company, subcontractors, and staffing solutions.

The Potential Jobs During Construction of LNG plant

In reality, building a pipeline requires a large number of workers, With this local participation spirit in the East African oil and gas. This is your best chance to land a job in the EACOP project provided that you’ve requisite qualification and skills to execute such job.

Approximately 10,000 people will be hired during the construction phase. The EACOP project will hire skilled workers, semi-skilled workers, and casual workers.
During the construction phase of the proposed EACOP project, casual workers will be employed from each district the pipeline passes. Also, the proposed EACOP will create short-term employment of about 2- 3 years. Here are the employment opportunities the EACOP project avail.
• Welders
• Pipefitters
• Plumbers
• Site engineers
• Construction managers
• Construction laborers
• Mechanics
• Truck Driver
• Electrician
• Carpenter

• Heavy Equipment Operator

N.B .More job opportunities arise based on the activities taken place along the pipeline route.

Forexample, when the EACOP project team collect information about the soil profile around the pipeline route, so the activities like geotechnical and geophysical studies are carried out.

During these studies, geologist, geoscientist, land surveyors are in higher demand

EACOP Million Dollar Business Opportunities For The Supplier and Service Provide

There are enormous products and services you can render in the East African Crude Oil pipeline based on where you have proven competence and capability.
Here are the list of the services, goods and tools you can offer in the EACOP,

 

Sector Your Business activity  in the proposed Pipeline Project
Material and procurement supply of   steel pipes, Line Pipes, pumps/,Filter and meter, coatings

 

Valves(Ball valves, gate valves, plug valves, Hammer blind valves pressure or flow control valves),

Flow tees and insulating cables, Flow meter, Insulating joints, Building material such as Gravel,

Fuel (diesel, gasoline, engine oil and lubricants)
Engineering, Design Construction and Fabrication Welding and Fabrication services,

Construction of access roads, grading

Right of way clearing, camp construction management

 

 
Modification and Maintenance Piping,   cathodic  protectiom
Health, safety, environment medical services, ambulances, site clean up, pollution control,  security services and catering services
Information and communication sector Installation of fiber cables, High internet speed services
Logistic and transportations include boat supply and barges, air transport  vehicle rentals,  courier services, crew transportation, goods and equipment transportation,
Survey Geophysical and  Geotechnical  survey
Installation and commissioning Pipe cutting and Bend services

Trench and excavation services, rental of crane
Finance and Insurance services Auditing services

Life Insurance services

Fund management services

Insurance broking services

The decision is Yours

As we have seen opportunities are abundant in the proposed East Africa crude oil pipeline (EACOP) project that you can venture into your irrespective profession. But power goes to those who can uncover and monetize those key opportunities at a rapid pace. The sad reality is that you are going to be left behind if you would not utilize key opportunities emerge in the project.Look to who wins the construction job, this is the competitive industry, so rush to approach them.

By Hussein Boffu

Hussein.Boffu@tanzaniapetroleum.com

+255655376543

 

Focusing on the Upstream Oil and Gas Industry  in 2018

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By Joe Watson Gakuo

Happy New Year! It is a great time to be alive and if you are reading this, you made it to 2018. The views expressed here are about a significant the oil and gas resources, that have been discovered in the East African region.

Allow me to share with you my thoughts on what to expect from the upstream oil and gas industry, which in turn will affect your day to day life as you know it.

Oil prices have recorded the strongest start to a calendar year since 2014, with crude oil opening at over $60 a barrel. For the un-initiated, the prices of oil collapsed from almost $120 a barrel in June 2014 due to weak demand, strong dollar and a booming shale production in the United States.

Saudi Arabia and Russia

The worlds biggest oil producers, Russia and Saudi Arabia, have continued to strengthen their collaboration in the oil and gas industry. This is one relationship that we should watch closely because it signals a strategic partnership between two oil-rich states.

These two countries have taken a pole position in the last few months, cooperating in ensuring that prices are propped up. Saudi Arabia is very intent on listing Saudi Aramco, and as such they will be quite motivated to keep the oil prices going up as they head towards the privatization.

The risk to this outlook could become apparent if Russia stops cooperating which has been a significant tipping factor in the production cuts.

Oil Production Cuts

In a meeting at Vienna, Austria in May 2017, OPEC and non-OPEC producers agreed to continue with crude oil production cuts until the end of 2018. The cuts which started in January 2017 are meant to clear the global over supply. It is also worth noting that the United States crude inventories have dropped by over 20% from the highs recorded in March last year.

The current deal among the producers is to cut supply by about 1,8 million barrel per day (bpd) in an effort to boost oil prices. However, there is high likelihood of another price collapse if the producers in the United States increase production due to higher prices.

The crude oil export limitation agreement between Russia and Saudi Arabia has been a success in strengthening the crude price and also in market rebalancing, removing the volatility out of the system.

Oil and Gas Project Sanction

It is forecasted that there will be an increase in projects from the 2015 low. The continued recovery of the upstream companies will lead to an increase in their production which will help the midstream and the oilfield services businesses, This is a boom to the supporting ecosystems

Within Kenya and East Africa, the oil and gas exploration companies will continue with their upstream activities motivated by rising oil prices, as well as embark on the development phase in Turkana in Kenya and Hoima in Uganda.

The proposed construction of 1,445 kilometer long crude oil pipeline is due to commence this year. From Hoima in western Uganda to Tanga sea port in Tanzania, the pipeline is designed to carry 216,000 barrels of crude oil daily.

In Kenya will equally be speeding up the process that will see the construction of the crude oil pipeline from Turkana oilfields to Lamu.  A joint development study agreement has already been signed. The 865 km pipeline will cost Sh.210 billion and expected to be complete in 2021

Moving Forward

During the 2014/2016 period, over $1 trillion was taken out of industry spending from 2015 to 2020. This means that cuts are over and upstream companies will seek to grow their profitability and operate at lower prices. Overall, this makes the industry better and more efficient.

In 2018, there may be as much as $200 billion worth of greenfield offshore and onshore projects ready to be sanctioned. For example, Saudi Aramco has announced plans to invest $300 billion in upstream oil and gas projects over the next 10 years. With these investments, the oilfield services sector is expected to continue recovering in 2018 in tandem with the increase in the oil prices

In Kenya, it is highly expected that the Local Content Bill will be passed and signed into law in 2018. This law is long overdue as it is meant to strengthen existing legal framework. This bill introduces a raft of rules and guidelines into the country’s nascent upstream oil and gas industry, as a means of protecting and promoting local growth.

The global rise in crude oil prices will mean that you as a consumers and motorists will fork out much more from your pockets for fuel or petro-related products. The average landed cost for the products increase with the increase in the crude oil prices. It would a double tragedy if the Kenyan shilling was to weaken during the course of the year. This has already been felt with adjustments that Energy Regulatory Commission made in their last updates in November and December, 2017.

Given the global and regional geopolitics, and economics, 2018 promises to be very interesting in the upstream oil and gas industry in East African region with the first ever upstream awards to be held in June in Nairobi, Kenya, and you are invited to consider learning about the industry or participating in it. Have a great and successful year.

 

The writer is the Chief Executive Officer of Upstream Oil & Gas Ltd, and Founder, Upstream Awards

 

Upstream Oil & Gas Awards

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Upstream Awards is a ceremony to recognize and celebrate outstanding achievements from within the emerging upstream oil and gas industry in the East Africa region. Open to individuals and companies operating in the country, these awards highlight exceptional achievement across all key areas within the upstream oil and gas value chain.

 

The high profile awards ceremony is expected to attract an exceptional list of guests, speakers, sponsors, partners, exploration companies, service companies and government representatives who will gather for an evening to support and celebrate excellence in the emerging upstream oil and gas industry.

 

In 2018, Upstream Awards will be held in June at an event in Nairobi, Kenya. The event have now expanded to deliver two day of valuable content, following a partnership with the East Africa Oil and Gas Summit (EAOGS), which shall be held for two days immediately preceding the award gala dinner, making this the biggest event in the upstream oil and gas industry in East Africa. For more: www.upstreamawards.com

 

For more information and inquiries, please contact Mr. Joe Watson Gakuo, +254 726 93 90 62 or jwatson@upstreamgrp.com