Browsing: Ophir energy

• Oil and gas discoveries in Tanzania have caught the eye of energy giants Equinor, ExxonMobil, and Shell.
• Tanzania is strategically positioning itself for the commercialization of its energy resources.
• The upcoming Tanzania Energy Congress on September 20-21 will showcase the country’s potential in the sector.

Tanzania’s vast natural gas reserves have attracted the attention of energy giants Equinor, ExxonMobil, and Shell, marking a significant leap forward in the nation’s economic prospects. With a recent discovery of oil reserves in Wember-Eyasi, Tanzania’s energy landscape is poised for a transformative shift. Analysts note that oil and gas will bolster the country’s position as an emerging player in the global energy sector.

Strategic positioning in global gas market

Mirroring the ambitions of Africa’s top oil-producing nations, such as Nigeria, Algeria, Libya, Angola, and Egypt, Tanzania is strategically positioning itself for the commercialization of its energy resources to fuel both its own industrialization and …