Oilbi is a partner-driven independent energy company based in Tanzania, focused on developing Tanzania’s natural gas resources in a responsible and sustainable way.
Oilbi is the sole preferred operator for offshore Block 2R and 3 in southeastern Tanzania, and will secure exclusive exploration and operation rights for these blocks upon execution of the Production Sharing Agreement (PSA)
The exploration and drilling data for the Oilbi gas blocks are securely archived and managed by Schlumberger(now SLB), ensuring professional storage and accessibility in line with global industry standards.
Production Sharing Agreement between Oilbi Ltd, Ministry of Energy, and TPDC securing exclusive rights for exploration and development of natural gas.
Oilbi initiated PSA application in 2015 for securing stake in Block 2R and Block 3R. Following years of negotiations, is now in its final signing stage.
The PSA anchors Oilbi's legal position, enabling secure long-term development and collaboration with industry leaders, while balancing Tanzanian government interests with international investors protection.
Mvua Kubwa Project - fully integrated LNG development with 2.5 million tons annual production capacity located in Mtwara, Tanzania.
With the signing of the PSA scheduled for 2025 as the official beginning, the project will move forward in stages according to the detailed plan that has already been established, and the target is to begin initial LNG production in early 2031.
Strategic partnerships with global energy leaders, investor relations, and strong financial performance driving Tanzania's energy sector growth.
The financial data below are internal estimates prepared by our company based on rigorous market research and global benchmarking. All figures are provisional and will be changed through third-party feasibility studies and formal external audits by global consulting firms as well.
Comprehensive expansion plans including resources expansion, ESG leadership, portfolio diversification, and sustainable development initiatives.
Get in touch with us for more information about our projects and partnership opportunities.
