Shell in Tanzania
Shell Tanzania is a full-fledged Integrated Gas business operation based in Dar es Salaam, the commercial capital of Tanzania. Shell‘s activities in Tanzania began in the 1930s with fuel and lubricants as the main business. In 2016 the company expanded its presence through the BG Shell combination. Shell Tanzania’s main assets are two offshore deep-water blocks (Block 1 & 4) held in partnership with Medco Energi (Ophir Energy) and Pavilion Energy. The blocks hold some 16 Trillion Cubic Feet (TCF) of recoverable gas, 22 exploration and appraisal wells drilled (over 90% success rate). Fields are located 100 km from the shoreline. An investment of 4.5 Trillion Tshs ($2 billion) has been made so far.
Equinor of Norway and ExxonMobil hold an adjacent block (Block 2) with almost the same volumes of recoverable gas. All these blocks together hold sufficient gas to enable a shared onshore LNG liquefaction plant.
The government has allocated land for this facility in Lindi, located on the southern Tanzanian coast. All five investors work in close partnership with the Tanzanian national oil company, Tanzania Petroleum Development Corporation (TPDC). The so-called integrated Tanzania Gas and LNG Project (TGP) is currently at pre-DG2 phase, but much technical preparatory work has already been completed by the partners. The TGP will be the largest investment ever to be undertaken in Tanzania. In addition to producing LNG for export, the project will also add to Tanzania’s supply of domestic gas, thus supporting development of the country’s energy infrastructure with an additional source of clean-burning gas for power generation and industrial activities.
Commercial negotiations are currently ongoing with the government of Tanzania to develop the legal, regulatory, and fiscal structures required to allow the project to proceed. The speed of progress of these negotiations will determine the timeline for project implementation.
Shell is a global energy company. Around 84,000 employees across more than 70 countries work together to power progress through more and cleaner energy solutions. We use advanced technologies and take an innovative approach to help build a sustainable energy future.
Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals.
Our headquarters are in London, UK, and our Chief Executive Officer is Ben van Beurden.
Shell's purpose is to power progress together with more and cleaner energy solutions. We believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas, for years to come. At the same time, the need to tackle climate change means there is a global transition under way to a low-carbon energy system.
Our people are essential to the successful delivery of the Shell strategy and to sustaining business performance over the long term. Performing competitively in the evolving energy landscape requires competent and empowered people working safely together across Shell.
We believe that diverse teams led by inclusive leaders deliver better safety and business performance
70+ countries where we operate
87,000 employees at December 31, 2020
69.67 million tonnes of liquefied natural gas (LNG) sold during 2020
13 refineries in which we have interests
3.4 million barrels of oil equivalent we produce per day
Revenue: $180,543 million
Income: loss ($21,534 million)
Cash capital expenditure: $17,827 million
Investment in research and development: $907 million
Fast facts for sustainable development in 2020
$156 million was spent on voluntary social investment worldwide.
Of this, $46 million was spent on COVID-19 contributions. About $5 million of this was part of our contractual obligations.
Around $87 million of our total social investment spend in 2020 was in countries that, according to the UN Development Programme’s Human Development Index 2019, have a gross domestic product of less than $15,000 a year per person.