Total’s bid for a Tanzania pipeline route rejected

/28 Comments/in /by

 

 

bdsouthsudanoil1Kenya and Uganda have rejected a push by Total France to have a proposed crude oil pipeline, being developed by the two countries, pass through Tanzania.

Total has been on a publicity offensive to have the route changed — from Hoima in Uganda via northern Kenya to Lamu on the Indian Ocean — in favour of another from Hoima via central Tanzania to the port of Tanga on the Indian Ocean.

Industry sources said Total accuses its partner in the Uganda oilfield, Tullow, of having vested interests in the pipeline passing through northern Kenya, where the UK company has prospects of pumping oil.

“The oil companies can have their concerns on the Northern Corridor and agree to develop an alternative route for the pipeline just the same way the two governments had their concerns on the southern routes and agreed on the low-cost, low-tariff route, which is the northern one,” said Bashir Hangi, communications officer at the Petroleum Exploration and Production Department of Uganda’s Ministry of Energy.

Technocrats from the two countries held a meeting in Nairobi last week to plan the construction of the pipeline, agreement of which was one of the key outcomes of a meeting between Kenya’s President Uhuru Kenyatta and Uganda’s President Yoweri Museveni last month.

The two presidents directed government officials to fast-track arrangements towards construction of the pipeline.

“Uganda is already engaged in serious discussions with Kenya on the way forward, especially on the conditions given to develop the pipeline,” said Mr Hangi, adding that no oil company had approached Uganda with a proposal for the the southern route.

Media reports had said that oil companies were in discussions with both the Ugandan and Tanzanian governments to have the route diverted to Tanzania.

Total’s corporate affairs manager Ahlem Friga, however, said the company was still evaluating all options — Tanzania being one of them.

Daniel Kiptoo, a legal advisor on petroleum matters at Kenya’s Ministry of Energy and Petroleum, said the two governments could not change the route when discussions had advanced so far.

Two studies — one by Kenya, Uganda and Rwanda and another by the oil companies — were conducted to evaluate which route was the most viable, before the governments opted for the northern Kenya route.

“The findings of the study showed that the northern route was more cost-effective in terms of time and distance than the southern route,” said Mr Kiptoo.

The study estimated that the Northern Corridor route will cost the two governments a total of $4.7 billion while the Southern Corridor route would cost a total of $5.26 billion. In terms of the distance, the 1,500km northern route is shorter than the southern route, which is 1,544km.

It is estimated that oil companies will pay $15.2 per barrel to move the commodity through the 1,500km northern pipeline and $15.6 per barrel on the southern route.

Loss Making Atlas Development Focuses more on Tanzania and Ethiopia as Activity in Kenya Reduces

/26 Comments/in /by

Atlas-Development-2-325x244Nairobi securities exchange listed company Atlas Development has said it is now eyeing the Ethiopian and Tanzanian markets as oil exploration in Kenya and the Turkana region witnesses a significant reduction.

 

According to the company business in Ethiopia has been improving with contracts in the potash project where developers have been negotiating and have renewed as they look to advance their exploration and mining operations. 

“The Ethiopian business pipeline is also improving in the natural resource and infrastructure spaces.  With a positive market dynamic and a growth in requirements for international standard support services the Board is hopeful that the Ethiopian operations will generate positive returns,” the company says in a statement. 

 

The company adds that despite agreements in place to provide support services across the delivery spectrum in Kenya revenue visibility is not easy to predict at this time.

 

Atlas development adds that although tenders are being offered by a number of parties throughout the East African region the Board believes that the terms being demanded from service providers are not sustainable. 

“Indeed in a number of recent cases contracts were agreed but terms then adjusted by the clients, causing the work to be unprofitable and therefore unattractive to the Company,” the statement continues.

 

Atlas also says it has conducted a full review of operations in Kenya and dramatically reduced costs and overheads to preserve the balance sheet whilst maintaining a presence to ensure the capabilities are in place to deliver these potentially transformational projects when the time arises or market sentiment changes. 

Oil firm drills 100 water wells worth in Zanzibar

/48 Comments/in /by

 

 

view-heavy-industry-area-beautiful-twilight-58776782

THOUSANDS of residents in Zanzibar will have access to clean and safe water, thanks to the drilling of 100 wells at a total cost of US $5.6 million dollars (about 11.7bn/-) donated by Rak Gas LLC, a company from the United Arab Emirates (UAE) involved in the exploration of gas and oil in the islands.

The company handed over one of the wells at a ceremony graced by Zanzibar Second Vice-President, Mr Seif Ali Iddi, yesterday, in Chumbuni constituency, Urban West region. The water project was undertaken in two phases in which 50 wells were drilled in each constituency by Basix East Africa, a member of Basix International Limited.

“Each of the well has the capacity to produce between 17,000 and 20,000 litres of clean and safe water per day. We have as well installed water pumps at all the wells in addition to the construction of six storage tanks in some areas,” said Basix east Africa Managing Director, Mr Amani Mworia.

In his remarks, Mr Iddi thanked the company for the contribution and urged residents to maintain them, in addition to conserving other water sources in the islands of Unguja and Pemba. “Water is life.

Whoever assists you to get water is a friend indeed. My regards to the leader of Ras Al Khaimah State, Sheikh Saud bin Saqr al Qasimi, for his contribution in the implementation of the project,” he stated.

He said that before the Zanzibar Revolution of 1964 water problems were serious, but the situation had changed gradually as many people now could access the precious liquid.

The Chief Executive Officer (CEO) of Rak Gas Chief Executive Officer, Mr Kamal Ataya, pledged to drill 50 more wells and asked the government to provide it with land to undertake the initiative.

“Once we are provided with land we will immediately embark on the project. Apart from water the company also supports education and health sectors, as well as construction of mosques,” Mr Ataya remarked.

Zanzibar Minister of Lands, Housing, Water and Energy, Mr Abdallah Ramadhani Shabani, was upbeat that water shortage in the islands would soon become history.

“The water wells were drilled in all the five regions of Zanzibar the well we are receiving today at Chumbuni is among those donated by Rak Gas,” the minister explained.

For his part, Zanzibar Water Authority (ZAWA) Director General, Dr Mustafa Ali Garu, said the authority would ensure that the wells were well maintained and protected in order to benefit all the people.

Tanzania Oil and Gas Strategic Analysis and Outlook to 2025

/in /by

 

solar-cell-gas-platform-vent-boom-flare-sea-cloud-sky-bac-background-58956173

author, one of the leading research and consulting service providers for the oil and gas industry, recently published the “Tanzania Oil and Gas Strategic Analysis and Outlook to 2025”. The premier report provides analysis of key opportunities and associated challenges facing Tanzania oil and gas industry.

Amidst downfall in oil prices creating uncertainty on the future of Tanzania industry growth, the report details key strategies of government, oil and gas companies and investors in the country. Detailed outlook of the industry in terms of production forecasts of oil, gas, LNG, LPG, gasoline, diesel, fuel oil along with supporting parameters of primary energy demand, GDP and population are included.

Current status of planned projects along with the possible commencement of the projects, feasibility of developing those projects in current market conditions, expected start up, impact of competing assets in other countries and overall industry developments, investments required and other related information on planned projects is provided in detail.

The comprehensive guide provides analysis and forecasts of Tanzania oil and gas market for the period 2000 to 2025. Asset by asset details of all existing and planned projects across Tanzania oil and gas value chain are detailed in the report.

Driven by strong methodology and proprietary databases, reliable projections of oil, gas, petroleum products, coal, and LNG- supply and demand are made to 2025. The research work examines the existing infrastructure (oil and gas assets), market conditions, investment climate and competitive landscape of upstream, midstream and downstream sectors.

SWOT Analysis and benchmarking tools are used to analyze and compare the real prospects and challenges of investing or expanding in the industry. Further, the report details all the investment opportunities sector wise, highlighting the industry growth potential and project feasibility. Detailed information on new fields, blocks, pipelines, refineries, storage assets and LNG terminals along with the investments required, current status of the projects and commencement feasibility are provided.

The report also analyzes three key companies in Tanzania oil and gas industry. Business operations, SWOT Analysis and financial performance of the companies are provided. All latest developments in the industry along with their possible impact on the industry are included in the report.

Some of the Key issues addressed in the report include-

– How will be oil and gas supply scenario in Tanzania by 2025?
– Which of the petroleum products will witness the maximum demand growth by 2025?
– What are the new risks and opportunities for investors/ oil and gas companies?
– What are the potential investment opportunities in Tanzania and how much investment is needed?
– How did the production from major fields vary over the last decade?
– What is the current status of all planned projects in Tanzania?
– Who is the market leader and what is the market concentration ratio of pipelines, upstream, oil storage, refining, LNG and UGS sectors?
– What will be the coking/FCC/HCC/VDU capacities in the Tanzania by 2020?
– How much of the LNG capacity is contracted and how much will be available for contracts by 2020?
– What will be the crude oil/petroleum products/chemicals storage capacity by 2020?
– How much natural gas can be withdrawn from underground gas storage tanks in a day?
– How extensive is the pipeline transportation network in the country?

Scope

Coverage-
Across the value chain including Fields, blocks, pipelines, oil, products, chemicals storage, underground gas storage, refineries, LNG

Forecasts and Projections-
Crude oil, natural gas, LNG, petroleum products supply and demand: 2000- 2025

Market Analysis-
Primary energy scenario; SWOT Analysis; Benchmarking with peer markets; Drivers and challenges

Investment opportunities-
Information on investments, current status, routes, owners, construction contracts of Key planned pipelines, planned refineries, new units, expansions and upgrades, exploration blocks on offer, LNG terminals, expansions, new storage facilities

Asset wise Information-
– Oil and gas field details- production (2005-2012), location, operator, ownership
– Refineries- primary and secondary capacity outlook (2005-2020), refineries under operation and implementation (complexity, capacity, location, start up, operator, ownership), refinery expansions
– LNG – capacity outlook (2005- 2020), trade imports, utilization rates (2005- 2014), operational and planned terminals (location, start up, operator, ownership and capacity)
– Storage- oil and gas storage capacity outlook (2005-2020), tank farm details under operation and planned
– Pipeline- crude oil, petroleum product and natural gas pipelines under operation and planned

Competitive Landscape-
Market structure and share of top five companies in each of the oil and gas segments is provided;
Company wise oil, gas production from 2005- 2012 is provided
Net weighted refining, LNG and storage capacity information is provided for historic and forecasted period
Further, detailed business profiles of three leading oil and gas companies in the country are included, detailing their business overview, SWOT and financial analysis.

Latest industry Updates-
All latest industry updates along with their possible impact on the industry, players and investors are analyzed.

Reasons To Purchase

The multi-client market study is used by oil and gas companies, traders, constructors, equipment and service providers, investment, financial institutions and strategic decision makers.

It allows your company to –
– Identify potential opportunities and risks involved in operating and investing in the market
– Formulate effective growth and expansion strategies through reliable forecasts
– Gain clear understanding of market size, trends and challenges for each of the oil and gas segments
– Beat your competition with robust information on the industry
– Understand the operations, strategies of leading companies
– Keep updated with all the recent developments in the industry.

 

For more information visit:http://www.researchandmarkets.com/research/s6szlj/tanzania_oil_and

 

 

 

 

Erin Energy Appoints New Chief Operating Officer

/25 Comments/in /by

oil-gas-fpso-production-vessel-58917463

 

Erin Energy Corporation announced Friday that it has appointed its senior vice president for exploration and production, Segun Omidele, as its new chief operating officer, effective immediately.

Omidele has worked for Erin Energy since 2011 and led the company’s technical team in its successful deepwater drilling and completion campaign of the Oyo-7 and Oyo-8 wells, located offshore Nigeria. The company’s new COO has over 35 years of experience in the oil and gas industry, including 28 years with Shell Oil companies in Nigeria, the U.K. and the U.S.

Kase Lawal, chairman and chief executive officer of Erin Energy, commented in a company statement:

“Segun’s leadership and knowledge of the business and region have proved exceptionally valuable to our company and I am very pleased he will now serve us as chief operating officer.”

Entry with Audio

/in , /by

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

Nulla consequat massa quis enim. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu. In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo. Nullam dictum felis eu pede mollis pretium. Integer.

  • Donec posuere vulputate arcu.
  • Phasellus accumsan cursus velit.
  • Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae;
  • Sed aliquam, nisi quis porttitor congue

Read more

A small gallery

/in , /by

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

  • Nulla consequat massa quis enim.
  • Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu.
  • In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo.
  • Nullam dictum felis eu pede mollis pretium. Integer tincidunt. Cras dapibus. Vivamus elementum semper nisi.

Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim.

Read more

A nice entry

/in /by

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

Nulla consequat massa quis enim. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu. In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo. Nullam dictum felis eu pede mollis pretium. Integer tincidunt. Cras dapibus. Vivamus elementum semper nisi. Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim.

Read more

Entry with Audio

/in , /by

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

Nulla consequat massa quis enim. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu. In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo. Nullam dictum felis eu pede mollis pretium. Integer.

  • Donec posuere vulputate arcu.
  • Phasellus accumsan cursus velit.
  • Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae;
  • Sed aliquam, nisi quis porttitor congue

Read more

Entry without preview image

/in /by

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

  1. Nulla consequat massa quis enim.
  2. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu.
  3. In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo.

Nullam dictum felis eu pede mollis pretium. Integer tincidunt. Cras dapibus. Vivamus elementum semper nisi. Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim. Aliquam lorem ante, dapibus in, viverra quis, feugiat a, tellus.

Read more