The $42 billion LNG project in Lindi has the potential to redraw Tanzania’s economic map by shifting growth towards the historically neglected southern regions while fueling industrialisation nationwide. Combined with infrastructure like the SGR, LNG could transform Tanzania into a trillion-dollar economy and a regional energy hub if managed transparently and inclusively.
Somalia’s first oil drilling marks a historic step toward harnessing its vast reserves for economic growth. Success will depend on good governance and responsible management to ensure the resource brings prosperity, not conflict.
EPRA’s inspection revealed 12 non-compliant petrol stations selling adulterated fuel, leading to closures and fines. At the same time, the regulator reviewed fuel prices, announcing slight reductions to ease costs for consumers.
The East Africa Pipeline is more than an energy project; it is a source of jobs, skills, and investments. It has the potential to reshape Tanzania’s economic future.
TechnipFMC has secured a $250-$500 million subsea contract to support ExxonMobil Guyana’s Hammerhead offshore oil project in the Stabroek block. The work includes project management, engineering, and manufacturing of subsea production systems using TechnipFMC’s Subsea 2.0 technology. Hammerhead, ExxonMobil’s seventh development in the region, is expected to add up to 180,000 barrels per day, increasing Guyana’s total oil production to nearly 1.5 million barrels per day by 2029. MODEC and Saipem are also involved in the project’s FPSO and installation activities.
Puma Energy has launched a new hybrid Compressed Natural Gas (CNG) station at Tangi Bovu, raising Dar es Salaam’s total to 12 and reinforcing Tanzania’s shift toward cleaner fuels. The facility, built to world-class standards, can serve up to 50 vehicles per hour and marks a major step in reducing carbon emissions while enhancing energy infrastructure.