Oil and gas profits could take a decade

A report on oil and gas in East Africa released by Deloitte on Monday suggests that Tanzania risks losing on the lucrative oil and gas sector.

Since 2011 the University of Dar es Salaam (UDSM), specifically the Department of Chemical and Mining Engineering, the Norwegian University of Science and Technology (NTNU) of Norway and the Angolan University of Agostinho Netto are collaborating under the ANTHEI project to train professionals for petroleum engineering and geosciences at Masters level. Already three batches of a total of 28 Tanzanian students have been enrolled under the program. In this program the students spend...

The government recently gave two Arusha-based factories a three-month ultimatum to stop using fuel wood in their production.

>Private stakeholders have granted 20 scholarships for  Tanzania’s lawyers to study legal issues for the gas and oil sector.

The UK market intelligence firm Business Monitor International says Tanzania, Angola and Mozambique have the highest prospects for oil and gas investments in Africa.

The Tanganyika Law Society (TLS) has asked Prime Minister Majaliwa Kassim Majaliwa to spearhead the push for amendment of oil and gas legislation passed by Parliament in July to enhance transparency and accountability in the extractive industries.

Tanzania is looking for a better way of benefiting from oil and natural gas.The Tanzania Petroleum Development Corporation (TPDC) is planning to start participating fully in oil and gas as the government seeks to optimise its position in the industry.

The exciting opportunities offered by two critical parts of the oil and gas sector were presented at an event organised by the UK Alumni in Tanzania (UKAT) at the British Council in Dar es Salaam last week.