The government is so far on the right track in its strategies of drilling and extraction of gas in various areas in the Southern regions, Norwegian experts have said.   Speaking during an exclusive interview with the 'Daily News', they said so far the government through its bodies has managed to take all required measures for drilling and extraction of gas.   Mr Gudmund Rydning, a principal engineer with Norwegian Petroleum.... Read more »

Posted on : Wednesday , 7th September 2016

 Dar es Salaam — Experts have called upon Tanzanian companies to grab opportunities available in the discovery of helium gas and construction of oil pipeline and the Liquefied Natural Gas (LNG) Plant as the projects have potentials to boost Tanzania economy.   This was revealed yesterday during the Tanzania Oil and Gas Suppliers Conference (TOGSC) that brought together local and foreign players with other stakeholders in the.... Read more »

Posted on : Saturday , 3rd September 2016

 A fall in the global oil prices has led to a reduced level of activity across the African continent and has affected countries that rely on oil and gas revenue   Despite this, there are still significant opportunities for Africa’s oil and gas sector.    Chris Bredenhann, PwC Africa Oil & Gas Advisory Leader, said that the industry needs to look further than the challenges caused by low oil prices and evaluate.... Read more »

Posted on : Friday , 2nd September 2016

 Tullow Oil has announced that it would return to Baringo County where its suspended operations after locals turned hostile.   It stopped prospecting for oil in March over what villagers claimed was exclusion by the British-owned exploration firm. Edward Mungatana, a senior manager at Tullow, told a public forum yesterday that his company was willing to go back to resume the exploration, and that it cannot afford to be irresponsible.... Read more »

Posted on : Friday , 2nd September 2016

 The government of Tanzania is exploring the possibility of setting up an oil trading hub in Tanga, the north sea port city with a view to supplying fuel to East and Central Africa. “The most ideal place in East African region is Tanga. We have big opportunity for oil trading,” said the Minister for Industry, Trade and Investments, Mr Charles Mwijage.   The government, the minister said, had already started working on the.... Read more »

Posted on : Thursday , 1st September 2016

 Tanzania has said the government of the Democratic Republic of Congo has agreed to talks with four countries sharing the Lake Tanganyika to discuss ways of extracting natural gas and oil in the lake.   Experts have warned that the lack of demarcated boundaries between countries sharing the lake could lead to disputes.   It is understood that Tanzania and DR Congo have been at loggerheads over the proposal for the two.... Read more »

Posted on : Wednesday , 31st August 2016

 After completing the construction of Tanzania’s Liquefied Natural Gas (LNG) plant in Lindi, production is expected to continue for at least 40 years. The announcement was made by Oystein Michelse, Statoil Country Representative, during talks with Tanzania’s President John Magufuli on August 22nd 2016. Michelse noted that the Norwegian Government has committed to implementing the project for the benefit of both sides and urged.... Read more »

Posted on : Tuesday , 30th August 2016

 Tanzania aims to become the first in oil and natural gas exploitation in East Africa in ten years, Energy and Mineral Minister Prof Sospeter Muhongo has said. Prof Muhongo said the goal would be achieved only through a rise in the number of experts in the field from the level of diploma to PHD.   "Since the sector is new in the country, we intend to have at least 500 trained experts in the area of oil and natural gas in 10.... Read more »

Posted on : Tuesday , 30th August 2016

 Tanzania, which won the geopolitics battle with Kenya, by snatching away the pipeline deal, has also upped its stake with its gas plant, trying to upstage Mozambique, which is still reeling from dampened investor confidence, following the $1 billion hidden funds scandal with IMF.   The start of the gas pipeline plant will also raise confidence on the Tanzania-Uganda oil pipeline deal championed by Paris-based Total, which was one of.... Read more »

Posted on : Monday , 29th August 2016

 As the Vice-President of Total East Africa, Mr Javier Rielo, assured President John Magufuli that preparations for the construction of the 1,410-kilometre oil pipeline from Lake Albert in Uganda to Tanga Port in Tanzania are in good progress, Democratic Republic of Congo (DRC) has shown interest in using the facility.   Mr Rielo made the assurance in Dar es Salaam yesterday when he met with President Magufuli to brief him on the.... Read more »

Posted on : Saturday , 27th August 2016

 Tanzania’s Minister for Industry, Trade and Investments, Mr Charles Mwijage has disclosed plans by the government to construct an oil trading hub in Tanga to supply fuel to East and Central Africa..   The Minister said that the government had started working on an idea of an oil trading hub in Tanga as the region had great potential of becoming a major oil trading hub in East Africa due to its strategic geographical.... Read more »

Posted on : Friday , 26th August 2016

Geothermal Development Company and National Oil Corporation of Kenya will jointly offer oil and gas drilling services in Kenya and the region. The two state-owned firms have signed a deal to provide the services by leveraging on their individual and collective technical expertise. In the memorandum of understanding, GDC will give NOCK equipment and provide specialised drilling services.   The deal also details terms of capacity building,.... Read more »

Posted on : Thursday , 25th August 2016