Browsing: Shell

Tanzania has been ambitious from day one to strike oil. However, it took a while to find oil deposits, and it will take time to commercialize the oil discovered—a tedious but necessary process.

Oil and gas exploration in Tanzania has been taking place since 1952. The Discovery of oil reserves in Tanzania’s Wembere-Eyasi proves the long wait was worth a while.

In the same suit as its neighbouring nation, Tanzania is to undergo a rigorous process to commercialize the oil discovered entirely.

For instance, in Kenya, which discovered oil and experienced the first stages of (testing) exporting at least 200,000 barrels—the nation is working to build the functioning and healthy infrastructure necessary to tap the existing potential.…

Earlies this month, the government of Tanzania demonstrated how serious the nation is with a big deal sealed in the nation’s capital, Dodoma, on Saturday (11 June).

The Government of Tanzania and its partners, including global industry giants Equinor, Shell and ExxonMobil, have set the bar so high with a historic Host Government Agreement (HGA), which will realize ambitious gas and Liquified Natural Gas (LNG) mega project.

The $30 billion natural gas project aims to produce 10 million tons per annum of LNG for export with transformational potential for industrialization by bringing investment, technology, skills and infrastructure to the country, which will benefit Tanzanian businesses and its citizens.…

Tanzania is not a newcomer to the oil and gas economy. The sector has evolved over the past decade and become a flagship sub-sector that stands to draw billions. The journey to the current standpoint, where Tanzania and a consortium of oil and gas giants have inked preliminary agreements, was tedious but necessary.

Gas exploration has been existing for more than 50 years in Tanzania. The first natural gas discovery in Tanzania was made in 1974 on Songo Songo Island, followed by the second discovery at Mnazi Bay in 1982.

That discovery took the sector’s attention from exploration to commercialization of the two findings, promoting more investments in Tanzania’s onshore and offshore gas explorations.…

The minister for Energy, January Makamba, noted before the President of Tanzania Samia Suluhu Hassan that Tanzania could be holding nearly 60 trillion cubic feet (TCF) of gas deposits.

This amount stands to transform the energy sector and put a dent in the economy as the nation becomes a competitive actor within the regional and global markets.

However, the minister revealed that the government of Tanzania is taking natural gas exploration to the next level.…

In his ruling, Judge Bloem said that Shell had failed to prove the safety of the project against the claims made by environmental experts and the local community, and that there had been a substantial flaw in the consultation process with the locals in the Wild Coast.
Protests against Shell exploration have gained 85,000 signatures with over 35 fuel stations dumping the company.
The local communities expressed their disappointment, saying that their customary rights to the land where they fished and did their religious activities had not been respected. Shell quietly announced the commencement of the seismic survey on November 4, 2021.…