Overview
Oilbi holds 100% exploration and operation rights for offshore Blocks 2R and 3R in southeastern Tanzania. These exclusive rights will be further secured by the imminent signing of the Production Sharing Agreement(PSA).
Explore our exclusive offshore gas blocks in Tanzania
Oilbi holds 100% exploration and operation rights for offshore Blocks 2R and 3R in southeastern Tanzania. These exclusive rights will be further secured by the imminent signing of the Production Sharing Agreement(PSA).
The Papa field was discovered in 2012 by a consortium of BG Group and Ophir Energy. This significant discovery marked a major milestone in Tanzania's offshore gas exploration and established the potential for large-scale LNG development.
Block 2R represents significant exploration potential with geological characteristics similar to the proven Papa field. Our comprehensive geological analysis indicates substantial gas reserves waiting to be developed.
Offshore gas fields of Tanzania have shown a relatively high success rate in exploration and drilling due to their promising geological characteristics. Our blocks are located in one of the most prospective areas of the East African margin.
