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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. 

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.

3 Suprising Advantages and Disadvantages of Working in Oil and Gas Industry

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Do you really  know working into  oil and gas industry can benefit you than you think?
Do you think there are some disadvantages of working in oil and gas industry?

You are about to learn  excellent  stuff

The articles intend to clarify advantages and disadvantages of working in oil and gas industry:

Lets meet them

                                                       Advantages
   

1:Trip opportunities
If travelling different countries is your dream, oil and gas industry is a perfect career for you.

As the oil exploration and production projects of oil and gas are carried worldwide, oil and gas workers must travel from one project location to another.

As I am writing this article, some of the Tanzanians are in the United Arab Emirates working with oil and gas companies:

Furthermore, Some of these oil and gas activities are conducted on land  and others on deep water you  should get outfitted to work on deep-sea as well

2:Great Salary
I know this is the point of interest for most of you.The fact is that oil and gas industry is the highly paid industry.

If you want to understand the great wealth in oil and gas industry, check out the lifestyle of oil and gas workers in petroleum companies, not to talk with investors themselves.

Technical staff like drilling engineers, field engineers, pipeline operators, geoscientists  petroleum engineers and other technical personnel  are in demand and hence their salaries are very higher.

The most amazing thing in this industry is as the oil prices raise the salaries of employees also rise, which is quite different in other companies or industries.

3:Entertaining and intelligent work
If you are very interesting in brainstorming  and you like to think for yourself and get things done, consider oil and gas industry:

Can you think how hard in controlling the huge pipeline system that passes from Mtwara to Dar es salaam?

Have you ever asked yourself the trouble in seismic interpretation and get the result that decides where to drill the first well?

                                                              Disadvantages

1:Stress and disappointment
Some oil and gas jobs can lead to stressing, you might work even night shift because drilling activities should run 24 hours, working long hours in a harsh environment and staying away from your family and loves one, is a great challenge.

Additionally pipeline operators might experience bad time since pipeline can easily leak, and if that pipeline crosses below nearby the cities, the  native remain at risk,

This is the reason pipeline operators and other oil and gas workers must be trained for safety issues in order to protect environments and their lives as a whole.
2:Health problems
Oil and gas workers  do at very risky, for instance, those who work in refineries for a long time can be induced by harmful chemicals. Also working on the land and deep seas(offshore) is very dangerous

Bonus:  if you want to have great understanding on how is threatening us to work into oil and gas industry, consider BP’s  oil

spills 2010 in the Gulf of Mexico in the united state which result in the death of 11 people in the rig floor and result of Chief executive officer of  BP, Mr     Tony Hyward  was forced to resign

Final Words
To consider a career in the industry you don’t know is wasting of time, before you join in the oil and gas industry you must have a clear picture of difficulties and benefits of the petroleum industry.

Good Luck

2 Reasons Why East African Oil and Gas Industry Could Change Global Energy Market

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Have you ever really know the oil and gas market is not static?  Do you believe Tanzania oil and gas industry and other East African countries can dramatically change the global energy equation

You are about to learn some really great stuff,

The article explores two fundamental factors that  will result East African oil and gas industry including Tanzania to dramatically the change global oil and gas market

Let’s face them
      1: New discoveries
For a couple of years now, latest announcements of natural gas and oil discoveries in Tanzania, Kenya Uganda and Mozambique are being made every few months, oil and natural gas exploration is ongoing, so even more natural gas could be developed.

This natural gas discoveries means that these East African countries that have not been exporter, they certainly would be just an exporter of natural gas in the global market and this will result into change the global energy equation.

2:New technology
Changing of oil and gas market is the consequences of new technology,
What does modern technology mean to oil and natural gas industry?
It means that uncommon sources of oil and natural gas that recently are not commercially viable. They will come online.
Allow me to make one example of contemporary innovative technology that has dramatically changed the global oil and gas market.
The most recent technology that has changed the global oil and gas market is called” HAUDRALIC FRACTURING or  FRACKING”

What is Haudralic Fracturing?                  A quick definition

Hydraulic fracturing or Fracking is the process which blast through shale deep below the surface to release oil and gas trapped in the rock
This technology has switched the global oil and gas market.

Must Read:Time is now to invest in oil and gas sector

For instance  this technology has made United stated  a net exporter of oil and natural gas  and in few years the country  has decrease oil import from 56 percent in 2005 to 40 percent in 2012

Bonus: In 2011 United states begin  to export petroleum products for the first time over 60 years thanks to HAUDRALICK FRACTURING technology

Final Words
Due to the  reasons  I mention above, you should  understand that oil and gas markets will never remain the same  for the next years.

East African countries like Tanzania, Mozambique Kenya and Uganda have to come online  and become oil and natural gas exporter due to the new oil and gas discovered day after day this will result to the change of energy equation across the world

New technology  also can cause oil and gas market to change because those oil and gas  sources that was that was very difficult to access could be easily accessible

Who will hire Tanzanian Graduates in Oil and Natural Gas Industry Now

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Now is time that some of college students in Tanzania have finished their four years of petroleum engineering, and others three years in petroleum geosciences.

At the same time Tanzanian students who had left the country for oil and gas  studies have reached their graduation date, now back to home.

These graduates are very optimistic to get employment in petroleum companies with six figure starting salary

The fundamental question here is the guy who will hire them now?

Layoffs in petroleum companies are on the horizon. In order to deal with oil slump, petroleum companies have now erased their campaign to attract fresh graduates.

The situation not only bad for recent Tanzanian graduates, but also  many graduates across the world are now sweating.

When I visit Internet oil and gas forum, recent graduates worldwide share their sad stories, they just staying home with parents waiting for the oil price to restore.

Never panic:
Don’t panic this normal to the oil and gas industry,
The best thing I recommend you to do now is uploading your CV in these  job sites for petroleum jobs

Once you have uploaded your CV you become visible to the oil and natural gas companies and recruiting agency, so you raise your chance of searching for the job.

Must Read..5 ways to get job you want in oil and gas industry

Final Words
This is the worst time  for newly graduates, but If petroleum industry is your passion, you will work hard and are gained.