Tag Archive for: petroleum act 2015

Who Else Wants To Make Millions In The Oil and Gas In Tanzania

/in /by

 

Tanzania has considerable business opportunities for everyone in its gas plays.  Fortunately, you can approach such  business even without  any cash into your pocket.

Yes, you read that right. Money is nothing to begin the business.

The key to succeed and failure in the Oil and Gas business is information

If you’ve right information even without startup  capital   you harvest a decent profit, sometimes overnight . Otherwise, you end up broke at a speedy rate.

Okay,That’s the talk of another day. Let’s dive in the topic at hand.

Yes, today I expose you a smart. Profitable. But the little-known way to make massive income in Tanzania’s gas.

No matter who you’re , you can start this business and still make millions straight away.

And guess what?   That’s the Oil and Gas TV show

The television show is the most powerful way to earn money from the gas sector, sadly  many people never realize.

Why do I say this?  Keep reading and you’ll find out

Why Television show is the profitable business in Tanzanian oil and gas sector

Tanzanian oil and gas industry is growing at alarming rates. But challenges are immense as well.

Lack of awareness. Growing citizens’ expectation on gas sector. Shortage of local manpower to develop and handle resources.

Read:10 little Known ways to make huge Cash In Tanzania’s Oil and gas

People want to invest in the gas but are unsure where to begin.  And Oil and gas firms want to stand out in the market. These are difficulties hold down the industry  business.

And local media must shoulder responsibility in addressing  such challenges

Ever asked yourself what would happen if you partner with any Television station in Tanzania to  run oil and gas TV show?

The answer is pretty obvious :You’ll  make massive income from the oil and gas players who are keen to advertise their products ,services or launch new events.

And the best part is this, Oil and gas companies have a huge budget advertisement. And some of them have  fund to pay for 4 to 8 slots

Most importantly,  Even  relevant government agencies such as Tanzania petroleum development corporation(TPDC)  could collaborate with you and spreading message to the audience.

How To partner with Television Station In Tanzania

Buying airtime  on  television station is a  costly. But the reward is high if you can. However when your  content is great to generate committed viewership, trust me television channel  will  get you program  without collecting  a dime  from you.

All you need is  a good script that addresses key issue in Tanzanian oil and gas industry. And reach out any Television station.

Topic You can Cover For  Oil and Gas Television Viewers

The bottom line is this, List of ideas for your Tv show are brainstorming. But you might include the following.

Clear Up Misconception about  the gas sector.-  Average citizens might feel a government is stealing their natural gas  wealth. So your show will educate people that once the oil  or gas are  found it might take  5 ¬8  years for government  to make actual cash

Managing public expectation : Citizens are optimistic the gas  stands to create millions of jobs. Your program might highlight on the reality  of the industry. And educate them the nature of oil  and gas to hire small share of workers  as  a capital intensives industry.

Business opportunities : You show should highlight  business opportunities in the oil and gas industry, teach and inspire citizens to use them.

Latest trend: You must highlight  trends in the oil sector such as global oil price fluctuation and how it affect oil and gas business and economy too.

Tips to achieve  this business:

  • Your program must be well organized:

Nobody  wants to watch rubbish. Creativity is critical in this business. You ought to come up with  ideas  that interest  viewership.

  • Give viewers what they want:

The television show , collect many advertisements,  have many viewers. To attract a load of them  your program must meet viewers’  needs.

It useless   running oil and gas Tv show nobody’s  watching. People spend more time watching  Tv program that offers them value.

Are you ready to Become part of Tanzania’s gas Boom?

So there you’ve  detailed information.  But  It won’t work if you read and move on.  You should  Put them to use. And life is too short to procrastinate. Do that you’d live happily ever.

                                                                                   But the Choice is Yours

Bowleven walks away from $28m Tanzanian gas deal

/in /by

 

 

Workers walking at chemical plant

 

Edinburgh-based oil and gas explorer Bowleven has ditched plans to buy stakes in two Tanzania gas projects for up to $28 million (£19.6m).

The Africa-focused firm said in November that it had signed a conditional heads of terms with Aminex to buy a 25 per cent interest in the Kiliwani North Development Licence, which is soon to begin production, along with a 50 per cent interest in the “highly prospective” Ruvuma petroleum sharing agreement.

Also Read:The brighter Days Ahead For Tanzanian Oil and Gas Sector

At the time, Bowleven chief executive Kevin Hart said the purchase would have given the company “the opportunity to participate in highly attractive production and material appraisal/exploration assets without compromising its robust balance sheet and strong capital discipline”.

However, in a brief statement today, the Aim-quoted firm said that it had decided not to pursue its interest in the proposed acquisition of the stakes “following the completion of due diligence”.

Aminex added: “In discussions during the due diligence process, a forward work programme could not be agreed which would be acceptable to Aminex, its lender, the Tanzanian authorities and Solo Oil.”

Solo Oil has a 25 per cent interest in the Ruvuma scheme – with Aminex holding the remaining 75 per cent – and a 6.175 per cent stake in Kiliwani North, of which Aminex owns 55.575 per cent.

Bowleven last month told investors that was making good progress with an onshore development in Cameroon, where an extended flow testing programme at its Bomono permit – completed as part of plans to supply gas for a power scheme in the region – showed support for plans for an initial supply of about five to six million standard cubic feet of gas per day.

 

The brighter days ahead for Tanzanian Gas Sector

/in , /by

oilgas

In order to understand the present scenario in Tanzanian oil and gas sector, it is important to take a traditional outlook from where our country is coming from

The past scenario for Tanzanian oil and gas sector

The 1950s- BP and Shell drilled and discovered dry hole

In1969-TPDC was established by government to help develop and handle oil and gas sector and also offered exploration permits with government  and could get into partnership with foreigner associates through Production sharing agreement

In 1969-AGIP began discovery offshore after finalized production sharing contract with TPDC

The 1970s- The nation was not easy to attract foreign companies that would provide know-how and financial commitment this was because of inadequate facilities and being far away from market
In 1974- Gas deposits was discovered at songo songo area (but was not commercial v viable)

The 1980s- Shell and variety of foreign companies did seismic and sunk hole onshore and offshore

In 1982- Another Gas reserve was found in Mnazi Bay
In 1983- There was low oil price and, for this reason, it become more difficult than ever to draw in worldwide investors.
The 1990s- The work a project based on the 1974 Songo Songo gas area began evolving

In 1992-Tanzania released a variety of power change projects, such as a National Energy Policy, which began out up kind of market participation in creating electricity

In 2004-little production began at songo songo field

The Current circumstances for Tanzanian oil and gas sector
Despite the recent low oil price, Tanzanian oil and gas sector has enhanced considerably over the last several years.

For long, it could not create its gas sources because the discoveries were not considered for commercial viable.

The foreign oil companies that had capability were simply not fascinated in making a financial commitment.

The first significant project, the Songo Songo gas-to-electricity project, only came into being with contributor assistance.

Nowadays, a variety of oil and gas companies working in Tanzania, such as some of the giant oil player.

The nation, therefore, is based less on growth assistance for enhancing the oil market.

The change of the whole lawful and management structure that controls oil sources, which is continuous, indicates to a come back to a more effective part of the state.

The completions of Mtwara- Dar es salaam gas pipeline project in Oct 2015 plus the LNG place plan could put Tanzanian oil and gas sector t in the next level.

The attempt has been done by the govt to build up local content indication many Tanzanians would have fun with the whole sequence of oil and gas sector and the resources would benefit people and nation in common at the time production starts which is predicted at least in 2022.

There brighter days ahead for Tanzanian oil and gas sector

Hussein Boffu

Recent Graduate in Petroleum Geoscience

Hussein.Boffu@Tanzaniapetroleum.com

0655 37 65 43/0689955711

Oil And Gas Consulting Business- How To Tap This Multi-Billion Business

/in /by

imgres

 

Ever heard?

To produce income in Tanzanian oil and gas market just fix the issue.

Have you ever thought how oil and gas consultants create money?.

They create much money fixing client’s problems

Consultant just offers Answer to one who need it.

And In our oil and gas market, there are plenty of issues need to be solved:

Tanzanians wants cleaning effective profession in gas market,
Companies and personal need to provide alternatives and item in gas sector
Organizations need to draw in new clients
Most Tanzanian want to get into the market.
People need to get on the market unfortunately, they don’t know where to look.
Not to bring up about international companies and traders are eager to get in Tanzanian oil and gas market but they don’t know how to deal with it
Following large gas discovers off the shore Tanzania.Consulting alternatives are growing company.And cash produced by this information mill endless

Let’s have a glimpse at Who is consultant- fast definition

A Consultant is a person who creates residing promoting support to those who needs it.

Consulting alternatives possibilities in Tanzanian oil and gas sector

Tanzanian oil and gas market provide wide groups for oil and gas talking to possibilities. And all are down this

Investment
Tanzanian need to get on the market.Foreign traders and the person also need support on how they can do company in Tanzania oil and gas market.Give them alternatives and you will get a big return

Business start up
Lots individuals outside there want to begin with oil and gas company.What if you will advise them on how to get it done. And produce healthier return

Events plan
What the variety of oil and gas activities spend in Tanzania is very big.People want to have effective oil and gas occasion.help them to get it done better and faster

Selling
Help company and personal on how to draw in new customers and provide many goods and repair to the oil and gas
Resume writing
You produce an income just by assisting individuals in a proceed composing that would effect oil and gas interviewers. We all know oil and gas information mill relatively exclusive and, for this purpose, it has exclusive proceed that would have beneficial impact
Career
Lots Tanzanian look for a profession in oil and gas market. You would provide the support on how to have an excellent profession on the oil market.Guess what?And they will pay back for your advice

Studying
Instruct individuals on which programs are in more requirement in oil and gas market according to present circumstances and pattern of the industry

What experience  and knowledge you should have
Here’re individuals might led you to believe that to be an consultant in oil and gas market you must have had some years of knowledge the oil area.

Yes, working  experience is important in consulting area. But in oil and gas market there still a plenty space for oil and gas talking to businesses for everyone you.

The proven reality that most of us neglect is an advisor is all about an expertise. And this can be designed through coaching, education and studying or encounters.

Don’t believe me? Get ready yourself for a surprise.

In my life-time, I have met with Tanzanian consultant in oil and gas who has no past experience in the oilfield. And yet produce an income as consultant. To be consultant  in Tanzanian oil and gas market. you should first response the following questions:

Do you finished any training
Do you have knowledge oil and gas (either in upstream, downstream or midstream)
Do you have excellent interaction skills
Is conference new individuals your hobbies
Do you like to help others to accomplish their goals
If the response is yes. Then oil and gas talking consulting business are fulfilling way for you for making living

What if you don’t have past practical experience or you have never joined any oil and gas training? The response is fairly simple:

Read, research, be present at course, get other perspective and go to professionals for details and advice

In these details age, you  can find out anything you want, you can become well know consultant  in gas market simple and quicker than any moment in individual history

How much will you make from business?
It hard to make generalizations the earning from oil and gas consulting business.

Because it relies upon on client’s issue.But according to expert details an advisor can produce at least $ 80,000 in alternatives season.

Tips to succeed

Know the newest statics and pattern of the industry
Keep modified on what is proceed in oil and gas market, Because oil and gas are unpredictable. Variation of oil cost can modify the whole industry

learn new thing every day
Consulting in oil and gas is not for sluggish individuals.You should consistently enhance your abilities through studying be present at coaching and workshops for offering the response to customers.

Want to invest  on Oil and Gas?

Yes, begin to day because the next day won’t arrive

Hussein Boffu

Recent Graduate student in Oil Geoscience

email address: Hussein.Boffu@tanzaniapetroleum.com

mobile: 0655 37 65 43

The Greatest Effort Of Statoil To Serve Tanzanian Youth

/in /by

__320x320_540943fb89152

In the context of massive natural gas (and hopefully oil) following the findings of immense commercial quantities in various parts of Tanzania including Mtwara, Lindi Mkuranga and cost regions

The best part of us expect the proportion of Tanzanian youth in the natural gas sector to increase Substantially.However, This is likely to happen downstream in the context of Local content through youth participations in the entire oil and gas value chain.

For this to happen, however, Tanzanian youth and those in and near oil and gas are found (Mtwara, Lindi and Coast regions). Need various entrepreneurial interventions. Guess what? These include training, coaching and access to finance

Statoil has been taking part to serve Tanzanian youth
I t should be noted that the future of oil and gas sector depend on Today’s youth.And most youth should be trained and coached to stimulate entrepreneurship skills in oil and gas

For this reasons Statoil in early September 2014 had introduced the hero of tomorrow (HOT) business competition which invited youth aged 18-25 years live in Mtwara and Lindi to share business ideas which aim in stimulating entrepreneurship skill among youth and encourage them utilizing opportunities emerging from oil and gas activities in the regions

Read :2 Tanzanian Boom Town For Oil and Gas Investment

The second phase of competition winner will be awarded 5000USD which is approximately up to 10 Million Tanzanian shillings

Heroes of Tommorrow 2015 invites youth from ages 18 to 25 from Lind and Mtwara which stand the chance to be turned into business plan.

The best 40 participants will be selected to attend training and coaching workshop on how to transform their ideas into a business plan.

The submitted business plan will be submitted to obtain 10 finalists.These will defend their business plan in front of a jury.And jury will choose top 5 candidates before announcing the winner at final event in Aprill Dar es salaam

The best Part

And We all know in the last decades Mtwara and Lindi region were no-go zones because of poor infrastructure and lack of power most youth residing in the region these regions have been rushing into Dar es salaam to look for opportunities.

But As Statoil developing entrepreneurship skills in these areas will attract more Tanzanian youths to go back to Mtwara and Lindi where there are more natural resources that can be turned into wealth

Owing the fact that oil and gas sector employ small share of workers. This Statoil’s intervention would make youth believing their own destiny instead of hoping someone will hire them.

I am thrilled to Congratulate Statoil’s Tanzania for Taking steps to serves us as Tanzanian youth at the time there would be no job for everybody in Tanzanian oil and gas sector
Hussein Boffu
Recent graduate in Petroleum Geosceinece
Email adress :Hussein.Boffu@Tanzaniapetroleum.com
Mobile :0655 37 65 43

Information Gap: Lesson From Ghanaian Oil Sector

/in /by

boat-on-liffey

After joining the league of oil producing nations, Ghana’s uphill task was to manage the high expectation that suddenly oil discovery holds the panacea for the country problems— from unemployment to more revenue translating to huge economic gains.

The high expectations were as a result of the unavailability of information to Ghanaians and even prospective industry players on the industry.

The celebration that characterised the announcement of the discovery of oil in commercial quantities in 2007 is today making things worse as people still asked the question “where is the oil money.”

The announcement of millions of barrels oil find in 2007 flung the nation into a state of ecstasy when politicians and other state officials highlighted the economic salvation that the oil find was likely to bring.

Among them was the pronouncement of former President John Agyekum Kufuor, in his interview with the foreign press, that Ghana would become an ‘African Tiger’ and the discovery would make the country ‘fly’ by giving it the needed boost to improve its economy drastically.

President Kufuor further emphasised the monetary value of oil and stated that the money was needed to build schools, roads and hospitals.

In the run-up to the 2008 elections, the major political parties all made big promises targeted at the burgeoning petrochemical industry in the Western Region. Key promises were made regarding the creation of jobs through the establishing of petrochemical, fertiliser and liquefied petroleum gas industries.

Almost a decade

On the back of these high expectations, triggered by speculative pronouncements almost a decade after the discovery and production gave many Ghanaians a false hope.

Benchmark revenue dipped, transfers to the holding funds also dipped, which triggered the depletion of the Stabilisation Fund.

In the oil and gas sector, having all Ghanaians on the same page is essential to a highly efficient stakeholder engagement.

Though the Petroleum Revenue Management Act 815, 2011 provides that for the purposes of accountability and transparency, petroleum receipts, in whatever form, shall be published in the Gazette and at least two state own newspapers within 30 calendar days after the end of applicable quarter.

The Act went further to state that the Minister of Petroleum shall publish the total petroleum output lifted, and the reference price in the same manner online, which seems to be the perfect steps towards holistic governance principles on the part of the agent (government) towards the shareholders (people of Ghana).

If what is published per the dictates of the Act and a large number of Ghanaians are unaware of key information due to technicalities, they would be unable to see the benefits of the industry and the dynamics of price hike and its dips.

However, in upholding the rules prescribed in the Act, there seem to be what we call short-termism or the tendency to foreshorten the information horizon applied to investment decision.

The people of Ghana, who are the resource owners, are faced with the reduction in shareholders’ welfare and also incur agency cost which arise as a result of the shareholders attempt to monitor and know what is going in the industry.

Bridging the gap

Publishing of total petroleum receipts, lifting and the reference price on the website of the Ministry of Finance will be difficult to digest by majority of people of Ghana.

For all to appreciate what comes in as petroleum revenue and mode of disbursement, in accordance to Article 36 of the 1992 Constitution, there is the need for bridging the information gap.

Information about the industry needs to be brought down to level of the trader at the market who does not understand what is published on the website of the Ministry of Finance.

For instance, oil companies in Tanzania and the government translate the contents to Swahili and other dominant local languages for people to appreciate the trends.

In the condition of an ‘ideal speech’ situation, managers of the funds or revenue from the oil and gas sector must work towards a common goal.

The process should be devoid of technical presentations, and all the stakeholders should be on the same page.

The celebration of oil

It is important to note that Ghanaians are aware of the lapses in the issues of the extractive sector from the days of gold, timber, bauxite and manganese, and it is, therefore, critical to ensure education to raise consciousness to encourage mutual disclosures between government through critical and healthy debate.

That will ensure understanding, rather than mere words that will not bring transformation.

The Act is expected to provide the framework for the collection, allocation and management of the revenue in a responsible, transparent, accountable and sustainable manner for the benefit of the citizenry.

It is good that Ghana took steps ahead of many nations to put in place a Petroleum Revenue Management Act.

However, there is the need to do more to ensure an enhanced reporting system since reporting the petroleum receipts are not enough, but must go with corresponding sustainability reporting to provide stakeholders with additional information.

It is, therefore, important to ensure free flow of accurate information about the petroleum receipts and expenditure instead of allowing politicians to tell the electorate the embellished truth skewed for political

Export pipeline needed for east Africa production boom

/28 Comments/in /by
pipeline

pipeline

 

With recoverable oil reserve estimates of approximately 750 and 600 MMbbl in Uganda and Kenya respectively, and with government share of the reserves expected to be about 30–50%, the potential impact on economic development in these countries could be great.

However, new infrastructure, including an export pipeline, is required to enable commercialization of these discoveries, says an analyst with research and consulting firm GlobalData.

Overall oil production in Uganda is forecast to peak at about 200,000 b/d by 2023, while Kenya’s production is estimated to reach approximately 85,000 b/d by 2027, provided the export pipeline is in place. According to Jonathan Markham,

GlobalData’s upstream oil and gas analyst, while a range of possible pipeline routes to ports in Lamu, Mombasa or Tanga have been proposed, upstream development in the region has stalled due to a lack of progress in developing an export route for these inland discoveries. “Operators have been lobbying for an export pipeline since the discoveries were made to enable development of the area,” said Markham.

Read also:Oil refinery worthwhile investment in Tanzanian Oil and gas sector

“Tullow Oil and Africa Oil have cautiously welcomed progress made in agreeing a pipeline route from Uganda through northern Kenya to Lamu, but Total prefers routes further south, citing security concerns in northern Kenya.”

The analyst adds that the development of an export pipeline would also be a driver for upstream exploration in the region.

Some blocks have already been licensed by governments in central and eastern Africa, but the remote locations have dampened interest from major oil companies.

Read also The ultimate guide to invest in Tanzanian oil and gas sector

“Current license holders view new basin exploration as an area with high growth potential, with South Sudan, Ethiopia, Tanzania, Rwanda and the Democratic Republic of the Congo all possible beneficiaries of new pipeline routes,” said Markham.

“Discoveries in Kenya and Uganda have favorable subsurface characteristics and relatively low exploration and appraisal costs compared with the deepwater dominated exploration in West Africa. Estimated full-cycle capital expenditure per barrel for these upstream developments is about US$8–12, which is increasingly enticing, as the oil and gas industry cuts back on costs. However, without an economical export route, the inland discoveries will remain commercially unviable at current oil prices.”

The Ultimate Guide To Invest In Tanzanian Oil and Gas Industry

/52 Comments/in /by

Oil workers drilling for oil on rig

Tanzanian oil and gas industry is another name for wealth.

People make hundred may be thousands of dollars in Tanzanian oil and gas industry.

Do not believe me?

 If you want to understand what I am talking about, check out the lifestyle of oil and gas investors. You will be amazing.

Back in July 2015, when I visit Oysterbay Dar es salaam, an area where oil investors have some offices. what happened? Yeah, I got shocked once I found a lot of expensive cars.

I talk to myself “who are the owner of all these cars” I didn’t get an answer until I asked a watchman who was standing in front of an existing door and he told me “ owners are oil and gas investors.

What makes the difference between investors and us?
Not because you lack talents, not because they are better and smarter than us. So what? It’s pretty simple because they have access to information you don’t.

When I look at Tanzanian oil and gas industry, there opportunities to everyone. No matter what is your pocket size and background,

Tanzanian oil and gas market offer wide range of options for investment opportunities

The article discusses multiple ways of investment in Tanzanian oil and gas industry in both upstream and downstream sectors.

And the end of the article you will analyze the best option for investment to secure better profit

Okay, let’s face them
Downstream investment opportunities

Supportive services
It involves offering service to the companies that are involved in the oil and gas industry. This includes transport services, oil pipeline, shipping and logistic services, accommodation services like hotels etc Oil and gas workers and executives need transport from offices to the field

Diesel supply. Is the is the profitable investment in Tanzanian oil and gas industry.

Have you ever noticed the unreliable electricity in our country? .is for this reasons many organizations choose to buy their own generator. And most of these generators are driven by diesel.Many People use generators at home. Agency, Barbershops, Not talk media houses and automotive industry

Cooking gas: is the good business for smart entrepreneur like you.Why? Many Tanzanian have been starting to use gas for cooking and domestic purpose. With approximately 55.5 trillion cubic feet of natural gas discovered in Tanzania. Cooking gas would be in dire demand. And would result in better return

Upstream opportunities in Tanzanian oil and gas sector

In upstream sector is where lots people try hard to make me believe, Tanzanians we can’t afford invest in it because of immense financial capital and advanced technology required in these kind of investment.

However, when it comes investment in Oil and gas industry capital and technology is popular excuses to the best part of us. And for this reasons we are in the back bench in Oil and gas sector.

Okay let’s meet them

Exploration projects
In this projects interested Tanzanians will be required to buy or lease and involving in searching for oil and gas. If you strike oil or gas, you will have profit up to 10 times for what you invested

But, if not, you will lose everything. It costs, at least, $ 500,000 a day to search for oil in the deepwater.So a day you spend $ 500,000 in a month you will spend $ 500,000 * 30= 15000,000USD.

What if exploration process takes more than a month? Can you imagine? you lease land for millions of dollars.  And you spend $ 500,000 a day to search for something that you are not sure either you will find it or not.

This business has high risk and suitable for company having high-risk tolerance

Services business.

The entire process of oil, gas exploration and production done by oil companies require wide range of heavy equipment and instruments.

To make the process of oil and gas exploration into fruition and avoid unnecessary accidents and loss, this equipment require constant maintenance.

And Is where the idea of service company begin. However, this kind of investment requires expertise as well as advanced technology

What is your best option investment in Tanzanian oil and gas industry?
Are you going to invest in Oil and gas industry or you just going to sit and thinking about how hard it all is and lets others pass you by

The choice is yours

Read also

Ultimate Guide To Participate in Tanzanian Oil and Gas Industry

Interesting business opportunities in Tanzanian oil and gas industry

7 effective ways To Make Money In Tanzanian Oil and Gas Industry

Free messages to Tanzanians regarding investment in Tanzanian Oil and gas sector

Tanzania oil and gas industry and what you need to know to engage the industry

/in /by

How To Get Into Tanzania Oil.Gas Industry (3)

Is doing business in Tanzanian oil and gas industry interest you?. Do you fancy for job in Tanzania oil and gas industry?

Don’t worry,
To participate in Tanzania oil and gas industry is not hard as it looks.

However unless you have detailed information you will never participate in the industry.

It hurts me to say, Tanzanians we are in the last seat when it comes to our engagement in oil and gas industry. Why? because there minimal engagement of Tanzanians in the industry

The industry grows at fast speed rate, energy demand increases, but we just sit in the back bench and watch few people benefit access our new found wealth

Why does this happen? Lack of awareness and limited information.
It’s common in Tanzania when you hear someone is engaging in oil and gas industry. You will realize he just owning filling station.

Ooh..! Don’t get me wrong, is not bad to own filling stations. But we should do more than that.

what if I told you are not late? What if I told you there important facts you need to know helps you engage in Tanzanians oil and gas sector.

And all finds down this
Articles discuss essential things helps you either in doing business or get a job in the industry.
.
Oil and Gas job opportunities
Any Tanzanian can get into oil and gas industry as the industry require wide range of employee from security, welder, technicians engineer, human resources to top management, However, two points must be taken into consideration

To get into Tanzania oil and gas industry you need to be trained and get a certificate.

But where you can go for training?

Luckily we have 6 institutions that offer training relevant to oil and gas industry

  • Nelson Mandela African institute of science and technology(Arusha)- Master of Petroleum and Gas science and Engineering
  • University of Dar es salaam- offer bachelor degree in Petroleum engineering, Petroleum geology and petroleum chemistry
  • University of Dodoma(UDOM)- bachelor degree in petroleum engineer
  • Dar es salaam institute of technology(DIT)-bachelor in oil and gas engineering
  • Mineral resources institute(MRI)- Diploma in Petroleum geosciences
  • Earth sciences Institute of Shinyanga (ESIS)- certificate and diploma in petroleum geology

However, never rely on these certificates to participating in the Tanzanians oil and gas industry,

The following are essential things that determine your participation into oil and gas industry

  • Competence- is the ability to get a job done. And this can be developed through lifelong learning and continuously upgrading your skills.
    If you are an engineer you must be a good engineer, if you are technicians you must be the best.

You are ability to get job done faster and better and how                      competent you are is what determine your participation in                  the Tanzanians oil and gas sector rather than your                                     qualification and expertise

  • Contact- Many jobs are not widely advertised or posted. But the more people you know who know you the more referral you get and the more you increase chances to get into Tanzania oil and gas industry.

And the best news is this many oil and gas jobs are filled because someone who knows someone else.

Tell friends and relatives that you want to get into the industry, ask for referrals and make sure they know you are available for job——never underestimate the power of network in the Tanzanian oil and gas industry

Qualities search by employers
Oil and gas empoloyers  look for candidate with the following qualities

 

  • Problem-solving ability
  • Work as a team
  • Leadership skills
  • Good communication skills (written and orals)
    Strong work ethic

Oil and gas investment opportunities
Here are two ways for Tanzanians to do business in Tanzanians oil and gas business
Local business
If you think doing business in Tanzanian oil and gas industry then you must register your business with Business registrations and licensing agency (BRELA) which is responsible for business registration in Tanzanian oil and gas industry.
According to Tanzania local content policy 2014, it defines that the company or business registered to offer goods and services to oil and gas industry must be wholly owned by Tanzanians or with at least 51% of share owned by Tanzanians.
What does it mean? It’s simple! a company that has 51% share or above belongs to Tanzanians nationals

Partnership
What if you don’t have enough capital? What if you have limited abilities? Is not an excuse to participate in the Tanzanian oil and gas industry
If you don’t have have enough capital and resources to invest in Tanzanian oil and gas industry, then you can join forces with those having abilities and financial Muscles and transform your idea into great oil and gas business

You want to participate in Tanzania Oil and gas industry?
Yes, everyone wants to be part of Tanzanian natural gas boom, but it confuses if you don’t know where to look at. But start today, start small and start where you are, it’s easy

Solo Oil Gives Tanzania patner finacing, Operational Update

/in /by

 

How To Get Into Tanzania Oil.Gas Industry (3)

 

Solo today notes the news release from the Operator of Solo’s assets in Tanzania, Aminex plc (“Aminex”), which includes details of an extension to their corporate loan facility and an update relating to the Kiliwani North Gas Sales Agreement (“GSA”).

The key items relating to the GSA are reported as follows:

· GSA inclusive of payment protection terms has been submitted to Tanzanian Attorney General office and is pending final signature;
· Songo Songo processing plant is now complete and awaiting Kiliwani North gas to begin commissioning and testing; and
· Ndovu Resources Limited (‘Ndovu’), Aminex’s wholly owned subsidiary, is engaged in final well maintenance work to bring the Kiliwani North well on stream.

Ndovu has reached agreement with the Tanzanian Petroleum Development Corporation on all terms of the GSA, including acceptable payment protection mechanisms for the gas delivered. The agreement has now been forwarded to the Tanzanian Attorney General’s office, whose approval is required prior to formal signing.

Also Read:solo-oil-agrees-farm-out-in-ruvuma-psa

Also Read:solo-oil-has-welcomed-the-decision-of-tpdc-to-back-into-kiliwani-north