Shell Exploration and Production Tanzania Limited
When Royal Dutch Shell Plc acquired BG Group and assumed the ownership of BG’s assets in February 2016, the opportunity arose for Shell to monetize the resources discovered offshore Tanzania. Shell’s presence in Tanzania began in the late 1930’s with minimal exploration activities. Shell came back to Tanzania after a BG Shell combination in 2016 and became operator of two offshore blocks, Block 1 and Block 4, together with its partners Ophir Energy and Pavilion Energy.
After extensive exploration activities in the two blocks, significant deep-water gas discoveries, sufficient to support a multi-train land based LNG project, have been made. 18 wells were drilled, 16 Trillion Cubic Feet (TCF) of natural gas discovered and over $2 billion worth of investment spent.
Shell Exploration and Production Tanzania Limited with partners is currently working with the Government of Tanzania on cost competitive development options for the Tanzania Gas and LNG project and establishment of the commercial framework for the project. The project is currently focused on selecting the optimal integrated upstream and liquefied natural gas project. The Tanzania LNG project is at a stage where detailed planning and multiple agreements need to be agreed between the International Gas companies (IOCs) and the Government.
Shell is a global group of energy and petrochemical companies.
Our operations are divided into four businesses: Upstream, Integrated Gas and New Energies, Downstream, and Projects & Technology.
In Upstream we focus on exploration for new liquids and natural gas reserves and on developing major new projects where our technology and know-how add value for resource holders.
In Integrated Gas and New Energies, we focus on liquefying natural gas (LNG) and converting gas to liquids (GTL) so that it can be safely stored and shipped to markets around the world. The New Energies business has been established to explore and invest in new low-carbon opportunities.
In Downstream, we focus on turning crude oil into a range of refined products, which are moved and marketed around the world for domestic, industrial and transport use. In addition, we produce and sell petrochemicals for industrial use worldwide. Shell’s oil sands mining activities in North America are also part of the Downstream organisation.
Our Projects & Technology business is responsible for delivering new development projects and the research and development that leads to innovative and low-cost investments for the future.