With the abundant petroleum resources across the country and rising demand for it, the country needs high caliber Local petroleum professionals to develop and manage our new found resources wealth.
So if you’re looking for profitable and rewarding career, Oil and gas Industry is a wise choice.
Pursuing your education in this field can quickly land you in a high paying and rewarding position that helps you make the most of your talents and your life.
When you graduate from an accredited university in the domain of petroleum, you walk away ready to find the highest median starting salary of any other courses that’s available anywhere.
Here’s thing: Oil industry is always looking for intelligent and capable individuals.To make it happen you need to graduate in the university that put quality education first.
In other words: Their curriculum must meet what the oil and gas companies need.
The good news?
Below I put the detailed information of one of overseas universities that many Tanzanians are taking petroleum related courses. Look at basic information and see how you can join the professions for yourself
Here’re the Links [University Information – Liaoning Shihua University (LSU) (3)]
But wait: “Training is expensive. Books are expensive. All learning is expensive. BUT BEING IGNORANT about Learning! is still much more expensive.” – Larry Winget
Graduate In Petroleum Geoscience
0655 37 65 43
Solo Oil has concluded a deal with Aminex plc to acquire a further 3.825 percent interest in Tanzania’s Kiliwani North Development License for a total cash consideration of $2.16 million. As part of the agreement, Solo’s interest will increase through three payment tranches to Aminex, linked to project milestones, for the total agreed cash consideration.
An initial investment of $566,802 for an additional one percent interest was made upon the signature of the Sale and Purchase Agreement, increasing Solo’s total interest from 6.175 percent to 7.175 percent.
A second investment of $708,502 for a further 1.25 percent interest will be made within 15 days of the first US dollar payment being received for gas from Kiliwani North-1. Solo’s total interest will increase to 8.425 following this transaction and a third payment of $892,712 will be made for the final 1.575 percent interest within 15 days of the commercial operations date being declared, taking Solo’s total and final interest to 10 percent.
If any payment is missed then that payment option, and only that option, will be automatically cancelled. Payment of the second and third investments will require further funding from cash flow or otherwise to be arranged by Solo. The KN-1 well, which is ready to begin production, has been ascribed gross contingent resources (2C) of gross 28 billion cubic feet by LR Senergy and Solo expects to book reserves from the well by year-end.
Solo Oil Chairman Neil Ritson commented in a company statement: “Solo is delighted to increase its exposure to the KNDL project with commencement of production imminent. The project offers a revenue stream that will increase through the commissioning process and into commercial production under the GSA which has take-or-pay provisions and is paid in US dollars guaranteed by a consortium of banks. By linking the acquisition of our additional interest to project milestones we have been able to further de-risk the investment.” –
The oil price has been falling since June 2014. And it continues to hit new bottom every day.
Recent global oil price drop sign several years of $ 100 per barrel which has led to massive oil production coming online and supply exceed demand. The low demand is the result of the slowdown in China’s economic activities .And rapid increase in a number of shale wells in the US thanks to technology’s improvement.
The price slump hurt exporting countries but for Tanzania as an importer, it brings prosperity.
In the positive sense,
Cheap price minimizes the living costs. And Tanzanians are more likely to use kerosene, diesel and cooking gas in place of firewood and charcoal that are popular with low-income earners.
However, it reduces transportation costs. Less costly foods. And low living costs for average Tanzanians.
Most importantly, production costs decrease. Many people available globally at low costs than ever. Pipelines firms are in need of work. Major construction organizations have little tasks.So the project should get low investment costs than similar projects from 2-3 years in the past.
In the context of low price, upstream activities are decreased and there’ll be easy availability of drilling rigs and other supporting activities with cheap costs.
In the negative side.
Undermine investment: Exploration and production companies cut costs range. So, going into the new finding works won’t be of interest in their strategy. And they’ll be wanting to postpone important investment project, which will take years to show valuable earnings. If the project has a risk, It might be better to get the same cash in a known project field, than try to create in a new, unknown field with lots of business risks.
However, some exploration and production companies such as BG and Swala energy claim that the drop in costs is a short-term issue and won’t considerably impact their investment plan in Tanzania.
Australia based oil and gas exploration firm (Swala energy) lately stated that it’ll continue with its exploration projects across Tanzania in 2016 despite the fall in oil price. Also low-level prices are damaging Tanzanian Graduates who strategy career in oil and gas sector. Sadly, Tanzanians get laid off as the oil firm’s strategies to deal with a price drop.
The price has fallen dramatically and some supply will go off-line finishing the gap until the price improves again. But the time of that process is incredibly uncertain and is expected to persist in 2016 and maybe beyond. But for policymakers in Tanzania, the fall in oil price provides a period to execute economic plan and structural changes as well as finance social program.
Graduate In Petroleum Geoscience
0655 37 65 43
Has this happened to You?
You’re oil and gas wealth seeker. And you want to make a living doing oil and gas business in Tanzania.
But no capital at all, no contacts. So you wonder how you can start a business and make a success of it?
people (Include me ) tells you hundred of dollars are made regularly in the oil and gas business. And you want to swell your bank account every day with huge cash.
But limited capital makes you feel too down to profit from the oil and gas sector.
Sadly, people might led you to believe that oil and gas business is only for BIG BOYS with huge financial muscle. But in reality, it doesn’t work that way.
I know the feeling,
Many people face the same struggle.Capital and know how are the popular obstacles many Tanzanians face starting a business in the oil and gas sector.
But what if told you can start oil and gas business with almost nothing?
What if I confidently tell you there’s smart way to profit with our new found resources and become parts of the natural gas boom?
All you need to do so is Idea, concept, material, technology or procedure that fix the specific problem in the oil and gas market.
Sounds impossible, right? Let’s dig little deeper.
Oil and gas companies struggle with stiff competitions. They compete with each other. Oil companies need to make the operation run more smoothly and safer. They are keen to attract new clients,
They want to cut costs. Obviously, they are eager to get a job done better and faster with solid return
However, they know that many average people outside there, have a brilliant ideas or new material or new procedures that help them to improve and address competition.
And you know what?
They’ve groups that travel the world over to look for anyone, entrepreneurs, and start-up with ideas or material to sponsor for business. And they invest billions of dollars in your ideas or concept
And the best part?
Oil firms give you money. They give you research. Needless to say, training and scientists to help your business or idea grow.
Imagine for a moment. You run a small business. Or an entrepreneur or you just have an idea. And multinational oil and gas company realize your idea could impact their business. So they enter into partnership with you.
And funds you millions of dollars to develop it. Sounds good? Yes, you move from zero to hero sometimes overnight.
List of oil companies that are willing to invest in you.
Here’re the oil and gas firms that invest in your idea, capabilities even technology:
- Shell- its group called Shell technology venture
- Halliburton —–Its group called Technology R&D Group
- Baker Hughes—–its group called centers for technology and innovation
- Chevron——- its group called Chevron venture capital
- Exxon Mobil its group called: Exxon Research and Development and Exxon’s capital investment
You Want to tap these opportunities? Here’re all you have to do
If you’ve ideas that will improve existing product or services in oil firms? Or you bring new process and technology in the market.
It’s worthwhile to get in touch with one of above mentioned oil companies. And the best way to go a
bout this is to do the quick search on google and tell them what you’ll offer.
What’s stopping You?
So what are you waiting for? You’re just leaving money on the table, you can start at zero and grow big in oil and gas sector in Tanzania. I’m ready are You?
I’d love to know your thought, Good luck and let me know.
0655 37 65 43/0689 95 57 11
Looking for Oil and Gas Companies In Tanzania? Below are List of International Oil Companies taking part in searching and extraction of oil and gas In Tanzania.
Dear Reader, I’d love to hear from You. Reach me through Hussein.Boffu@tanzaniapetroleum.com or 0655 37 65 43
Be that as it may, in case you’re searching for jobs in Tanzanian oil and gas sector, don’t lose hope as the oil and gas sector is offer opportunities for career advancement also getting a charge out of high bundle for your exertion
Is the time to narrow your hunt with help of recruitment firms
The greater part of us when we consider oil and gas employments we begin to reach the particular company.But these days numerous oil and gas organizations, when they touch base in Tanzania, are outsourcing recruiting procedure to hiring firms.Why are oil companies so doing?
Because they would prefer not to waste time on enrolling on the grounds that they need to complete projects quicker and well.
As the Tanzania local content policy requires them to hire local people so with the help of recruiting firms is simple to pull in a local force with aptitudes they require.
Here’re the reasons you must use hiring firms to get oil and gas jobs
1: Most oil and gas jobs never advertised anywhere
Whenever Statoil or BG come in Tanzania, they don’t know where to get neighborhood workforce, what they do? They get in touch with enrolling firm, they give them the capability of specialists they need. Furthermore, the recruitment office searches for individuals with such qualities to fill the post
2:They make benefit by offering you Jobs
Numerous individuals think about how recruitment organizations make a benefit, as a general rule, these firms make the colossal benefit on the off chance that they convey a substantial number of laborers to the oil organizations. Since they need to make benefit they strive to search for oil and gas organizations that are in desperate interest with representative
3:They work with many oil and gas companies
Hiring firms manage numerous oil organizations, this makes it simple for you instead of applying specifically to the organization in light of the fact that on the off chance that you miss occupations in one organization you get in another. Also, they conscious of empty position accessible in the industry.
4:Offer extensive variety of work
Hiring organizations would help you to arrive either internship permanent, or temporary job since they get request from their customers
Which are Recruitment organizations to reach
For Tanzania, we have two recruiting firms committed themselves to link Tanzanians with oil and gas employers
In the event that you are job seeker and you strategy career in the oil and gas industry, I recommend you to stay in contact with hiring firms. Resolve yourself to visit their website and guarantee that your resumesAre accessible in their database.
If you are job seeker and you plan career in the oil and gas industries, make sure you stay in touch with recruitment firms, resolve yourself to visit website of recruitment agencies and ensure that your resumes
Are available in their database.
Dear reader i love to hear from you, In case you have opinion do not hesitate to reach me through
0655 37 65 43
Kenya’s oil and gas industry received a boost after explorer Tullow Oil said it would spend part of the Sh15 billion ($150 million) earmarked for the region on local development, even as the firm reported losses.
Tullow Oil said Kenya and Uganda would benefit from the expenditure, which includes coming up with a plan on how resources in the two countries can best be developed into sellable commodities.
“The draft Field Development Plan was submitted to the government of Kenya in December and will inform discussions as we progress towards potential Final Investment Decision (FID) of both the Kenya and Uganda upstream development projects in 2017,” said the company when it released its end of year results.
Tullow reported losses of Sh102 billion ($1 billion) after tax for 2015 which is an improvement from a loss of Sh158 billion ($1.55 billion) posted the year before.
The falling price of oil on the international market has been the biggest contributor to the loss.
Oil prices are at the $30 (Sh3,052) per barrel level, which is a 12-year low and has discouraged investment in exploring new territories.
Currently Tullow is drilling the Cheptuket-1 well in Kerio Valley which should be completed by February as it works on how best to utilise its other resources.
In August last year the Kenyan and Ugandan governments agreed that a pipeline would be best suited to transport oil from northern Uganda and Tullow said concerned ministries in both countries are working on the development plan.
“These conditions, which include ensuring that this is the lowest cost route, are being worked on by both governments in conjunction with the Kenyan and Uganda upstream parties,” said the explorer.
Last year, oil firms in Uganda led by Total hinted that they preferred a pipeline going through Tanzania to one going through northern Kenya.
Tullow’s partner Africa Oil is also optimistic that prices of the crucial commodity will improve and has been raising funds for further exploration on its northern Kenya and Ethiopia blocks.
“We are very pleased to have completed the Kenyan portion of our farm-out to Maersk. We feel Maersk will be an excellent partner in terms of technical and financial strength and experience critical to moving the development project forward.
“This transaction puts Africa Oil in the enviable position of not requiring any additional equity financing prior to first oil and will allow us to weather the current difficult oil price environment should it continue into 2016,” said Africa Oil chief executive Keith Hill after the firm completed selling part of its interest to Maersk.
Africa Oil received $427 million (Sh44 billion) from Maersk after selling its stakes on its northern Kenya and Ethiopia blocks.
Oil and Gas industry is the most rewarding career rights out of the college, fresh graduates make way up $120,000 annually which is approximately 252,000,000 Tshs
But the recent globally oil cost drop has a dangerous Impact to Tanzanian students and Graduates who plan to bank six-figure starting earnings in the sector. Oil organizations are decreasing cost extensive range and layoffs have become part of our daily vocabulary
Earlier last week The larger oil company( Schlumberger )which hire large share of Tanzanians exposed to cut 10,000 jobs which are similar to 25 percent of its workforce when you plus 34,000 jobs which have cut since the losing of oil price in June 2014
This is the terrible time for Tanzanian students and Graduates because most oil and gas organizations that employ large proportion of Tanzanian students are lately decreasing projects in respond to low oil expenses
And the most serious details are this, The duration of this oil prices downturn is still uncertain, financial professionals say it may proceed to continue to persist until 2017 and may be beyond
How Low Oil prices are dangerous to Tanzanian Graduate and student. Here’s how
International oil organizations especially service companies(such as Schlumberger, Bake Hughes Halliburton) are the one offer many jobs To Tanzanians than you have ever regarded possible. Unfortunately enough, in respond to low oil price, these firms has decreased applicant choice process. Why? Because they cut cost.
It hurts me to say that many Tanzanian Graduates who were in need of oil and gas jobs are currently roaming in the street anticipating at some point oil will recover.
On the opposite, Tanzanian students will be affected in regards to getting industrial practical training. Because many oil organizations would wait for around cost-effective commitment venture in Tanzania that will require much time to accomplish instead would go to accomplish projects that have less technological threat and it might take the more lightweight period of time.
Who would offer you in Mtwara for industrial practical training verifying problem no oil organization working there?
How To Carries on in now period of Low price:——My-Advice
Feel frustrated and puzzled, right?
Don’t worry you are in the most satisfying career. And this is the regular scenario in this industry. I know how you feel when it comes to taking oil appropriate courses in Tanzania colleges because I had been there,
Updates your Skills and knowledge
“Be hungry, be foolish” Steve jobs
Develop the habit of extended learning, take care of your self to learn new things about oil and gas market every day.
Don’t be satisfied with what you lecture or instructor has taught you at college.oil and gas market has an amazing array and in real you trainer won’t secure everything.
Take a time a day and learn about your career because you never know when a first interview would come
Keep customized with the latest news in the industry:
This would help to know the design of oil and gas sector, it would help you to know where there are new oil and gas opportunities.
And the best part is, In this information age you can know everything about the industry through your mobile devices.The Internet has achieved everything.
If you don’t know where to look start by browsing around the following websites
Or be a part of this web page here to keep customized with newest details in the industry
Get in touch with Recruiting agency
In Tanzania, there are exclusive organizations that link job seeker with oil organizations.Make sure they have your resume.
And they will help you to land a job because they committed to do so
Look for position where you can help others even is unrelated to your field You will have a chance turn things around
Consider further studies
If you are diploma level proprietor consider going university for bachelor’s stage, The same for bachelor’s stage proprietor go for postgraduates
My last Word
If you are looking for a career, oil and gas industry are the best options, it give every you want: it gives you cash, training and not to carry up oversea visits. Never feel overwhelmed for the exclusive conditions. If oil and gas organizations are your attention, you will fight and win the battle
0689 95 57 11
Have you seen some employee in oil and gas industry are happier day to day, moving from one position to another, and are promoted faster than others, more productive more fulfilled than others? While others are filled with angry and frustrations. What makes this difference? Is it Kismet or Kind of fate?
So to day i will share with you three simple secret that will make you more happier and more successful in your career in oil and gas industry
- Have open mind and be willing to learn.
You should develop the habit of lifelong learning, one of common habit that destroy career of many employee in petroleum industry is to stop learning immediately after getting the job offer. The industry is very diverse no matter what the degree or background you should develop the habit of continuous learning in order to be among of the most respected and successful person in your job or career.
- Understand your company or industry and what role you can play
You must be aware of challenges and problem that face industry and thinking on finding a means you can solve those problems. If you demonstrate interest, passion and great attitude in getting involved, this will assist you to be promoted faster than others who keep on waiting for luck to struck them.
- Network with professionals in the oil and gas industry.
Attend every seminars and conferences relating to oil and gas industry where you can meet professionals from different industry. And this tip is work more for students and other job seeker where can start getting contacts to see where you would like to apply and having successful career. You should find upcoming events in the site like Tanzaniapetroleum.com or other sites
MY FINAL WORDS
Those tips I mention above are very simple to apply but it need a lot of commitment.
Good luck in your successful career in oil and gas industry
About Tanzania Petroleum
Tanzania Petroleum connects you with reliable access to the proper knowledge and intelligence you need. So that you can reduce risk, make better decisions, and achieve growth in oil and gas.
Dar es Salaam, Tanzania
VISION AND MISSION
Why is this work so important to us?
The oil and gas industry can be complicated and confusing. So the more we make the oil and gas industry understandable and straightforward.
The quicker you prepare to consider those opportunities and decide to jump on them intelligently.
We imagine a continent where knowledge available somewhere informs critical decisions everywhere and creates a prosperous society by improving reliability and access to abundant and affordable fuel.
That’s why we love what we do.
Our Mission: To help you increase your oil and gas knowledge and intelligence. So that you can reduce risks, make better decisions and achieve growth in the oil and gas market.
Our Vision: To inform and improve critical business decisions and operations in the oil and gas industry.
Our Core Values: knowledge, reliability, responsiveness, high performance, communication, courtesy, credibility, partnership,
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