Tag Archive for: petroleum act 2015

Fursa Kwa Wazawa Kuwekeza Kwenye Miundombinu Ya Umeme

How To Get Into Tanzania Oil.Gas Industry

 

 

Wizara ya Nishati na Madini Inakaribisha Wawekezaji Wa Kitanzania Kuwekeza Katika Miundobinu ya Uzalishaji Umeme Katika Vyanzo vifuatavyo

Gesi asilia (Natural Gas)

  1. Makaa ya mawe (Coal)
  2. Miradi mikubwa na midogo ya maji (Hydro)
  3. Nishati jadidifu (Renewables):-                                                                                                                                                                                                                       bofya hapa kusoma zidi Soma zaidi 

 

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These are the best Jobs you can have in Oil and Gas industry

An oil worker is transferred via a 'Frog' basket from the tugboat Bourbon Auroch, operated by Bourbon SA, onto the deck of the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Monday, Nov. 16, 2015. Nigeria plans to review agreements for deep offshore oil production to seek more favorable terms in line with the latest industry standards, state-owned Nigerian National Petroleum Corp. said. Photographer: George Osodi/Bloomberg via Getty Images

Would you like to know what are the best jobs in the oil and gas industry? Interesting to know oil and gas jobs suits you?

Article meet all the questions above

Before we move on to see those best jobs you can get in the oil and gas industries, there are some important facts to be taken into account

1. The best job for me is not necessarily the best for you because our values differ.
2. The job you can do is not necessarily easy for me; our skills/aptitudes differ.
3. The risks you can take in a job/career may not be accepted for me to take.
4. The salary, fringes, prestige you need are not the same for me.

The best job you can get in Oil ad Gas sector and any other industry is the one that:
• first of all, you like so that you can excel in it.
• gives you the material (money) and prestige satisfaction you need.
• matches your skills and aptitudes
• aligns with your values especially. if your social life warrants.
• is common with various industry areas to give more chance to get hired such as project controls, cost, planning, risk, contracts.
• is shared with as many people in the Organization as possible (if you prefer teamwork).

Read also  :5-ways-to-get-job-you-want-in-oil-and-gas

Read also:How to get into oil ad gas industry

Read also:3 suprising benefits and disadvantages of working in oil and gas industry

Statoil seeks clarification from Tanzania on impact of new oil law

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Statoil (STO+2.2%) says it is seeking clarification on Tanzania’s new petroleum law and wants to determine how it will affect companies like itself already operating in the country.

Tanzania’s parliament passed the petroleum legislation in July, ushering in a royalty regime in which energy companies pay 12.5% for onshore oil and gas production and 7.5% for offshore, and profit-sharing rates will be negotiated with individual companies.

Tanzania has east Africa’s biggest reserves of natural gas after Mozambique, with new discoveries raising hopes it can become an exporter with the development of a processing plant and pipeline; the government estimates reserves at 55T cf.

Also Feel free to look at where-are-qualified-people-in-oil-and-natural-gas-sector

Also Read: Tanzanians-must-be-part-of-natural-gas-boom/

Tanzanians Must be part of Natural Gas boom

 

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With about 55.5 cubic feet of natural gas found in Tanzania, foreign investors and companies are attracted to the region.

This indicates there unlimited opportunities in Tanzania oil and gas sector, However, seems the natural gas boom affect international players in the situation there have no important consequences for the local companies and individuals

With increase in demand of gas in the country which goes hand in hand with economic growth, Local companies and individuals can join the supply chain and benefit from the discovered natural gas

“Oil and gas sector offer many opportunities, however, there seems to be lack of awareness,” says Peter Hermes Directing Manager Tanzania Mines, Oil, Gas Company Limited

“everyone should be part of the gas boom and benefit from our underground wealth” he added Hermes

Read 7-ways-to-make-money-in-Tanzania-oil-and-natural-gas-industry

Tanzania local content is good as it requires citizens participation in the supply chain

Gas and oil companies require a range of services for the better fulfillment  of their projects.

Oil and gas companies require transport from offices to the site, there is dire  demand of the hotels, supermarket, telecommunication services and all of these are opportunities for local companies and general Tanzanians

These discoveries being made in the area with little infrastructure are the opportunities for local companies and individuals to be part of the natural gas boom.

Also Read:interesting-business-opportunities-in-Tanzania-oil-and-natural-gas-sectors-for-local-entrepreneurs

 

Where are Qualified People in Oil and Natural Gas Sector?

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Where are qualified Tanzanians with skills and experience to develop and manage our oil and natural gas deposits?

Where are qualified Tanzanians with competencies and expertise to be absorbed in oil and natural gas sector.

The articles meet all the question above.

The immense of natural gas finds off cost Tanzania have been set the country into the global energy map and it is the great hotspot for investment

However, there is a limited pool of human capital and expertise to develop and manage our new found wealth.

A lot has been done to establish courses relevant to oil and gas industries in local universities though there is a significant gap between types of graduates that our universities are producing and what oil and gas industry need.

The situation is even worse in development of local vocational training which are in high demand in oil and gas sector

This gap can be narrowed through partnership between public and private institutions in collaboration with industry to produce high qualified local skills

Tanzania local content is good as it requires citizens get the job in the industry, but we should first invest on higher quality education provision that meet the demand of oil and gas sector.

Most Tanzanians who are employed in the oil and natural gas sector are required to be retrained by oil companies from scratch.

In addition, the tendency of sending people overseas for training relevant to oil and gas industry it favor abroad universities rather than our local content
I don’t think is a good idea to send people overseas for training relevant to oil and gas instead we can get it done through collaboration between local institution and abroad correlative to produce necessary skills inside our territory,” said Hussein Boffu business partner at Tanzania Mines Gas and Oil Company Limited

If we train our people in our local institutions, there are great chance to absorb them in oil and gas sector.We must build enough number of high qualified human capital if to move faster is our great desire.

Tanzania Local Content is very great and might benefit many Tanzanians citizens and the country as whole if we put into practice

East Africa a hotbed for energy investments

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East Africa is emerging as a hotbed for energy related investments not only for its robust economic growth, but also for its potential to become one of the largest producers and exporters of oil and natural gas in the world.

Countries like Tanzania, Kenya, Ethiopia, and Rwanda – which have traditionally depended on biomass to meet most of their energy requirements – are gradually shifting to modern energy sources to meet the growing demands of the expanding urban population and the rising per capita income levels.

New analysis from Frost & Sullivan, East Africa Energy, finds that East Africa will possess more than 50,000 MW of generation potential by 2030, dominated by hydro, coal, wind, geothermal and natural gas-based generation systems. More than 80% of the potential gas reserves in East Africa are concentrated around Mozambique and Tanzania.

Read:excellent-deal-in-oil-and-natural-gas-to-produce-ultimate-profit

While LNG exports from these countries are expected no earlier than 2020, rapid development of gas power projects would provide a short term response to growing electricity demand in the region. The region will, therefore, provide immense opportunities for companies specializing in oil and natural gas exploration and production, power generation and associated infrastructure, as well as renewable energy technology commercialization.

“Energy development is gaining priority as East African economies look to attain middle income status over the next decade,” said Frost & Sullivan’s Energy & Environment senior research analyst Neeraj Sanjay Mense. “In view of this objective, governments in the region are adopting strategies to diversify the energy mix as well as encourage private sector participation.”

 

Also Read: top-3-places-on-the-internet-where-evey-tanzanian-can-learn-about-oil-and-gas-sector-for-free/

Investment from private sector is critical as the East Africa energy reserves require substantial funding in order to reach full potential, which cannot be met by government subsidy alone. Issues pertaining to finance, political stability and security could limit private sector participation within the region, and private players will, therefore, need to align investment strategies with the developmental plans of the respective regions in order to be successful.

Also Read:7-ways-to-make-money-in-Tanzania-oil-and-natural-gas-industry/

Furthermore, the lack of adequate infrastructure and skilled resources escalates the costs of operation and stalls energy projects. Therefore, training local workers will ultimately aid the long-term sustainability of energy businesses in East Africa.

“An adoption of mechanisms to share technical knowledge through international cooperation will ensure steady growth,” observed Mense. “Collaboration with experienced project developers will also be imperative to accelerate technological advancements and implement the respective plans within the East African energy sector.”

 

 

East Africa Energy is a Market Insight that is part of the Energy & Power Growth Partnership Service program. This research provides an insight into the potential opportunities presented by the energy sector in Tanzania, Kenya, Rwanda and Ethiopia for future development. The study provides market drivers, restraints and detailed analysis of the conventional and non-conventional energy sector in each country.

How To Get Into Tanzania Oil and Gas Industry

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Are you looking for a career in Tanzania Oil and natural gas industry? Do you have the interest to invest in Tanzania oil and natural gas industry?
The article meets all the questions above.

Many people are interesting to enter the oil and gas industry whether through investing or for jobs. Yet the majority of them don’t know where to begin.

No matter you are trying to find jobs or investment opportunities the article explores the most effective way to join into Tanzania oil and natural gas industry.
Let’s face them
Widen your network
Is the simple but effective tips that would allow you to join the oil and gas industry and this tips will not only help you for a short time but for the rest of your career.

You should widen your network simply by attending oil and gas conferences and exhibition.In conferences, you have not only have an opportunity to learn from the best of the best of the oil and gas industry but you have a chance to meet with some heroes of the industry and establish a long relationship with the experts who have proven themselves in the field.

The more people you know in the oil and gas industry the more you uncover hidden oil and gas jobs and investment opportunities in the industry as

To make this process into fruition, Tanzania Mines, Gas/ energy and Oil forum,together with its online media, Tanzaniapetroleum.com are about conduct major education and

investment conference and exibition which commence in August 2015.

This is the opportunity for you to learn about oil and gas business and create long relationship from proper petroleum specialists as the talkers over the world from most respectable organizations will be gathering and share their experience and professional expertise concerning natural resources in the events.

Resolve to attend at least one  oil and conference a yea, you never know where new opportunity and idea will come from.

Government asked To Review Oil, Gas Laws

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Dar es Salaam — The Tanganyika Law Society (TLS) has asked Prime Minister Majaliwa Kassim Majaliwa to spearhead the push for amendment of oil and gas legislation passed by Parliament in July to enhance transparency and accountability in the extractive industries.

TLS wants Mr Majaliwa, being the Head of Government Business in Parliament, to propose changes to the Petroleum Act of 2015, the Oil and Gas Revenue Management Act and the Tanzania Extractive Industries (transparency and Accountability) Act if they are to benefit the majority of Tanzanians.

Also Read:Tmgo-forum-initataive-allow-oil-and-gas-access

Read also  you may like :Fact-about-investing-in-Tanzania-oil-and-gas-industry/

The appeal by the lawyers is contained in a congratulatory note to Mr Majaliwa following his recent appointment as the country’s 11th Prime Minister

The Parliament expeditiously passed the three legislations in July in the absence of opposition MPs, who were barred from the session for violating parliamentary Standing Orders. The tabling and subsequent passing of the bills sparked fierce criticism from opposition MPs and other stakeholders who had campaigned for the government to shelve the plan pending wider consultations.

The opposition argued that the bills were tabled in Parliament without following proper legal procedures, citing Section 80 of the Standing Orders, noting that they were supposed to be gazetted at least twice, not once as it was the case.

There was also a general feeling in civil society that the bills were being rushed without a clear guidance and any evidence that the wider public and key stakeholders were sufficiently consulted.

Despite the widespread criticism against the bills, the then President Jakaya Kikwete assented to them in August.

Although TLS says in its message to the PM that some provisions in the laws were good, it adds that there were areas that needed to be urgently reviewed.

“Based on the bills endorsed by Parliament, we hereby call upon you as the head of government business in Parliament to consider proposing amendment to the legislations for greater economic benefit, enhanced transparency and accountability in the extractive industry,” say the lawyers.

Yesterday, TLS president Charles Rwechungura told The Citizen that the body was seeking audience with the PM to make their case well understood.

“The (TLS) secretariat is seeking an appointment with the PM for us to present our case in person… we believe it will be a successful endeavour,” he said.

Mr Rwechungura said the organisation was also planning to meet heads of other key government institutions such as the Attorney General and Speaker of the National Assembly to present them with issues their offices can do to promote the rule of law in the country.”

One of the areas in which TLS calls for change is Section 29 of the Petroleum Act that sets a requirement of disclosing agreements, licences, exemptions and permits.

TLS argues that the section should be amended to make such disclosures mandatory without the need for approval of a minister for effective transparency and accountability.

“If it is a must that such approval should be procured, a provision requiring the minister not to withhold such approval unreasonably should be adopted,” argues TLS.

According TLS, the amendment was crucial to align the Act with the Extractive Industries (Transparency and Accountability) Act, 2015 which requires full disclosure of agreements and licences.

TLS has also poked holes in the applicability of the Petroleum Act for both Tanzania Mainland and Zanzibar.

The Act categorically states that it is to be applied for both Tanzania Mainland and Zanzibar unless and until the Isles enacts a law to separately regulate its petroleum operations.

But the lawyers’ body feels that the controversies around Union and non-Union matters, particularly on ownership of natural resources and non-existence of some key institutions such as the National Oil Company (TPDC) in all parts of the Union, will curtail operations in the industry.

TLS also wants strategic oversight and direction over oil and gas be removed from a relevant minister and placed on the parliament for effective accountability as the case is with Ghana and Norway.

Under Section 4 (3) of the Act, strategic oversight and direction over oil and gas is vested in the Cabinet.

Regarding the Oil and Gas Revenue Management Act, TLS cautions the PM on the dangers of using GDP as the benchmark for saving of revenue derived from oil and gas.

“This puts saving at a precarious situation as chances are that revenue might not exceed 3 per cent of the GDP, given the fact that GDP is not static over the years and experience from Ghana shows that they have never attained 3 per cent of their GDP from oil and gas revenue,” says the lawyers.

Under Section 17 (1) (c) (ii) of the Oil and Gas Revenue Management Act , funds in the Revenue Saving Account can be deposited to cover for deficit in a year that revenue from oil and gas do not exceed 3 per cent of the GDP.

“These provisions defeat the object of saving for future generations,” TLS says.

The lawyers also say that Section 9 of the revenue management Act provides for sources of funds under Section 9 but fails to capture all the revenue streams such as capital gains tax and penalties among others. “We recommend amendment of this Section to include all the revenue streams in oil and gas,” says TLS.

Concerning the Extractive Industries (Transparency and Accountability) Act, 2015, TLS argues that the independence of a committee formed as an oversight body for promoting and enhancing transparency and accountability in the extractive industry has been compromised in many ways. The Section recognises the committee as a government entity.

the Citizen

Build Future Workforce and Talents in Tanzania Oil and Gas

UN Millennium Goals Hungry To Learn
Despite the facts that Tanzania oil and natural gas industry is in the infancy stage but it is the active growing sector than ever. However, the industry faces challenges of shortage of talents with skills applicable to oil and gas industry.

In order to creates that pool of talents in the industry we need to start to educate children completely from scratch, we must begin from local primary schools and inform children and teenagers about the significance of oil and natural gas in the country and get them know basic details concerning oil and gas like those uses of oil and natural gas, how oil and natural gas are formed and where natural gas their mom and day use for cooking food at home are come from?

When children have a better understanding about oil and natural gas will need to start considering oil and gas industry as a career.

A person like me when I speak with kids in Local schools to know how about their visions ” I often hear the same statements
“I would like to be a doctor” “I have passion for pilot”

How about petroleum engineering? How about petroleum geology? Who would be Petroleum geoscientists? Who Would be Petroleum accountant?

It seems children lack awareness about natural resources notably oil and natural gas. We need to encourage children to the oil and gas sector and assure them that there are future in the oil and gas industry if we want the true success in the oil and gas

 

Also Read:how-much-do-Tanzanians-know-about-natural-gas/

Government advised to review oil, gas search pacts

 

Government advised to review oil, gas search pacts

Government advised to review oil, gas search pacts

Chief Executive Officer of Swala Oil and Gas Company, Dr David Mestres Ridge, advised the government to fast-track oil and gas exploration in the country. “The government should be sensitive to challenges faced by the exploration and production companies.

“Although the oil and gas sector has had a steady growth over the years, the sector had already spent a fortune in the exploration and therefore, needs some consideration especially in the payment of taxes more so for those companies that have not yet made any discoveries,” Dr Ridge explained.

“The oil industry has so far invested over 1 billion US Dollars in exploring for oil and gas in Tanzania and not made anything like that in return.” “It will need to invest another 20 billion US Dollars before it can start producing offshore gas.

That first 1 billion US Dollars has resulted in the discovery of gas resources that could represent a significant return to the country”, said Dr Ridge.

Dr Ridge said that they understand that the nation needs tax but thinks that it is counterproductive to tax operations if by taxing them, they are delayed or made more expensive: the returns from operations will dwarf any revenues that the country may make from the current tax regime and it is that we should be encouraging.

Read also:7-ways-to-make-money-in-Tanzania-oil-and-natural-gas-industry

He said that though he fully supported the government’s desire to encourage more investors into all sectors of the Tanzanian economy, there were already investors entrenched in the country like Swala ‘who should be looked after’ if others were to follow.

Dr Ridge added that as a company listed on the Tanzanian Stock Exchange with Tanzanian DNA, Swala desired to be treated as such over and above other ‘foreign’ companies.

Also Read:2-reason-why-East-African-oil-and-gas-industry-could-change-global-energy-market

The CEO also cited little or no corresponding dissemination of information about the role of oil and gas exploration companies to the public as recipe for un-called-for public suspicions that is directed at the investors.

This notion, he said, disregarded the fact that over the years, investors have sank in over USD 1billion in exploration and more than USD 20 billion is needed to complete profitable mining.