The Tanzania Petroleum Development Corporation (TPDC) is set to boost natural gas production by 80 million cubic feet (cf) over the next year in response to rising demand. This increase is driven by the growing shift of vehicles from petrol to Compressed Natural Gas (CNG) and the expansion of industrial use of natural gas. Additionally, neighboring countries are expected to seek more of this resource. TPDC will launch production at the.... Read more »

Posted on : Wednesday , 4th September 2024

The comprehensive dataset, including regional seismic and well data, will enable detailed interpretations of the basin's evolution and structural history.This collection, which includes 2D and 3D seismic data spanning over 132,000 km², showcases Tanzania's strong play diversity, proven through exploration success from Early Cretaceous to Miocene reservoirs.   This initiative will help identify oil and gas plays, enabling.... Read more »

Posted on : Thursday , 1st August 2024

ARA Petroleum announced that Tanzania's Ministry of Energy has granted a 25-year Development Licence for the Ntorya natural gas discovery area to the Ruvuma joint venture. The licence was awarded to ARA Petroleum Tanzania Limited (APT), a subsidiary of ARA Petroleum and operator of the Ruvuma JV.This licence enables APT to advance Tanzania’s largest onshore natural gas project, aiming to supply gas to the domestic market within a year. "We are.... Read more »

Posted on : Monday , 1st July 2024

Uganda imports an impressive average of 2.5 billion litres of petroleum annually, valued at about $2 billion, with KPC handling at least 90 per cent of the volumes. Kenya is actively engaging with Uganda in a fresh endeavor to sustain and potentially enhance petroleum exports despite the heightened competition from neighboring Tanzania. Recently, Tanzania's interest in expanding transit markets through the Dar es Salaam Port has put pressure on.... Read more »

Posted on : Monday , 3rd June 2024

A recent report by audit, tax, and consulting firm RSM (Eastern Africa) Consulting Ltd, titled "The East African Economic Outlook 2024," unveiled at the EAC CEO Roundtable in Nairobi, forecasts the region to maintain its lead in Africa's growth, with a projected expansion of 5.7 percent in 2025. Kenya is expected to sustain robust real GDP growth at 5.2 percent, with inflation easing to around 6.5 percent in 2024, closer to the central bank's.... Read more »

Posted on : Wednesday , 1st May 2024

Kenya has granted Uganda's state oil firm, UNOC (Uganda National Oil Company), permission to import petroleum products through the port of Mombasa, as confirmed by Uganda's energy ministry on Thursday. This decision comes as Uganda seeks alternative routes for importing petroleum, having historically relied on affiliated Kenyan firms for decades. Solomon Muyita, spokesperson for Uganda's ministry of energy and minerals, indicated that the.... Read more »

Posted on : Friday , 5th April 2024

Exciting strides are underway in the Oil & Gas sector, heralding a new era of prosperity for East Africa. WTS Energy, a leading global energy staffing provider headquartered in the Netherlands, views the East Africa Crude Oil Pipeline (EACOP) as a strategic gateway for its expansion into Uganda. Upon completion, this pipeline will facilitate the transportation of approximately 60,000 barrels per day from a refinery in Hoima, Uganda, to.... Read more »

Posted on : Wednesday , 28th February 2024

Exciting strides are underway in the Oil & Gas sector, heralding a new era of prosperity for East Africa. WTS Energy, a leading global energy staffing provider headquartered in the Netherlands, views the East Africa Crude Oil Pipeline (EACOP) as a strategic gateway for its expansion into Uganda. Upon completion, this pipeline will facilitate the transportation of approximately 60,000 barrels per day from a refinery in Hoima, Uganda, to.... Read more »

Posted on : Wednesday , 28th February 2024

Exciting strides are underway in the Oil & Gas sector, heralding a new era of prosperity for East Africa. WTS Energy, a leading global energy staffing provider headquartered in the Netherlands, views the East Africa Crude Oil Pipeline (EACOP) as a strategic gateway for its expansion into Uganda. Upon completion, this pipeline will facilitate the transportation of approximately 60,000 barrels per day from a refinery in Hoima, Uganda, to.... Read more »

Posted on : Wednesday , 28th February 2024

Exciting strides are underway in the Oil & Gas sector, heralding a new era of prosperity for East Africa. WTS Energy, a leading global energy staffing provider headquartered in the Netherlands, views the East Africa Crude Oil Pipeline (EACOP) as a strategic gateway for its expansion into Uganda. Upon completion, this pipeline will facilitate the transportation of approximately 60,000 barrels per day from a refinery in Hoima, Uganda, to.... Read more »

Posted on : Wednesday , 28th February 2024

The East African Crude Oil Pipeline (EACOP) Project reached a major milestone on December 12, when the first batch of pipes for the cross-border pipeline landed in Dar es Salaam. The company and its shareholders, including SuperDoll, the local logistics partner, expressed their joy and excitement at the storage yard where the pipes were delivered. The communities hosting the operations will benefit from preferential treatment in hiring and.... Read more »

Posted on : Friday , 9th February 2024

FDI inflows to Kenya, Tanzania and Uganda soared to $13.3 billion in 2022, creating many jobs and boosting Uganda's oil and gas sector. Kenya attracted $2 billion and created 7,819 jobs with a 117% surge in investment inflows in one year.   Tanzania recovers from pandemic with $1.3 billion FDI and 4,566 new jobs in 21 projects. The 20th annual study analysed the foreign investments by their location, source, type, size, and other.... Read more »

Posted on : Monday , 15th January 2024