I first wrote the article about active international oil companies in Tanzania back in 2015. A lot has been happening since then.
Yet today, oil companies interest in East Africa is huge.
Part of the reason for this phenomenon is that there is a huge potential hidden under the East African soil and in its neighboring waters.
Tanzania and Mozambique are some of the new natural gas exploration hotspots in the world. Meanwhile, Uganda and Kenya have also discovered massive oil resources.
Recognizing that there are untapped natural resources in East Africa, multinationals are flocking into the region.
Today, I thought I would take a moment to share with you oil companies that have a presence in East Africa for your marketing initiatives.
Today’s article focuses on foreign oil companies active in Tanzania. In coming days, I will share article exposing oil companies that have a presence in other parts of East Africa including Mozambique, Uganda, Kenya, Rwanda, Burundi, and Somalia.
Tanzania Oil and Gas Exploration and Production Profile
Tanzania has no commercial oil discoveries. But the country has proved reserves of natural gas of 57 trillion cubic feet. According to the US Geological Survey, Tanzania has potential natural gas reserves of up to 441 trillion cubic feet solely in the coastal region. So, more discoveries might be forthcoming.
Royal Dutch Shell and its joint venture partners London-based Ophir energy and Singapore-based Pavilion energy, operates block 1 and block 4 offshore Tanzania and has discovered about 17 trillion cubic feet of gas in both blocks.
Meanwhile, Norway’s Equinor (previously Statoil) and US supermajor ExxonMobil have 23 trillion cubic feet of natural gas offshore Tanzania
These five firms join forces to build the Liquefied Natural Gas plant (LNG).Although the progress is being delayed, hope raised that the long-awaited project will soon become reality.
In January 2017, Shell-(previously BG) drilled two offshore exploration wells but they found no petroleum resources. Shell drilled Kitanga-1 in Area 1 and Bunju-1 in Area 4. They found good geology but encountered no oil or gas.
Australia’s Swala Energy has two licenses onshore Tanzania which are Kilosa Kilombero in east-central Tanzania and Pangani parallel to the northern border with Kenya.
Other foreign oil companies active in Tanzania include France’s Total, along with partner China’s CNOOC and Uk’s Tullow Oil, are pushing their East African crude oil pipeline (EACOP) project.
On the other hand, the majority of gas production is made onshore Here are three producing fields in Tanzania:
1. Songo Songo field has been operated by Canada- based orca exploration under its subsidiary Mauritius –based firm Pan African energy started producing gas in 2004. Songo songo field supply gas for power generation to Tanzania electric supply company (TANESCO), Songas and other industrial customers.
2. Mnazi Bay field started producing gas in 2015 operated by France’s Maurel et Prom partnered with Alberta-based Wentworth Resources and the state-owned oil company Tanzania petroleum development corporation have a stake in the field.
3. Kiliwani North field started in 2016 operated by Uk’s Aminex partnered with Abu Dhabi-based RAK Gas, UK-based Solo Oil, Australia-based Bounty and Tanzania oil company TPDC