Olimbi - Company’s Future Growth Strategy

Resources Expansion

Focused on maximizing the potential of our existing offshore blocks through advanced exploration and drilling technologies.

Block 3R & 2R Optimization: Employing cutting-edge seismic imaging and geological modeling to identify new reserves and optimize extraction from current fields.
Acquisition of New Blocks: Actively pursuing opportunities to acquire additional promising exploration blocks in Tanzania and other strategically important regions in East Africa.
Enhanced Gas Recovery: Investing in research and development for enhanced gas recovery (EGR) techniques to prolong the lifespan of our fields and increase overall yield.

Expanding into new energy sectors and value chains to build a resilient and sustainable business model.

Renewable Energy Integration: Exploring investments in solar, wind, and geothermal projects in Tanzania to complement our natural gas operations and contribute to a cleaner energy mix.
Petrochemicals & Derivatives: Investigating the feasibility of developing downstream industries for natural gas, such as ammonia and urea production, to add value and create new revenue streams.
Hydrogen Production: Researching green and blue hydrogen production technologies, leveraging our natural gas resources and potential renewable energy assets.

Committing to leading industry standards in environmental protection, social responsibility, and corporate governance.

Carbon Capture & Storage (CCS): Implementing CCS technologies in our LNG facilities to significantly reduce carbon emissions and achieve net-zero targets.
Community Development Programs: Expanding social investment initiatives focusing on education, healthcare, and local economic empowerment in our operating regions.
Robust Governance Framework: Strengthening our corporate governance structures, ensuring transparency, ethical conduct, and compliance with international best practices.

Fostering strategic alliances and collaborations to enhance regional energy security and economic integration.

East African Gas Hub: Positioning Olimbi as a key player in developing East Africa into a major natural gas hub, facilitating regional trade and energy supply.
Infrastructure Development: Collaborating with governments and regional bodies to develop cross-border pipeline networks and energy infrastructure.
Knowledge Transfer & Capacity Building: Promoting local talent development and technology transfer through partnerships with academic institutions and vocational training centers.

Building long-term, mutually beneficial relationships with stakeholders, investors, and local communities.

Strategic Alliances: Forging strong partnerships with international energy companies, technology providers, and financial institutions to support our growth initiatives.
Investor Confidence: Maintaining transparent communication and consistent performance to build and sustain investor trust and attract further capital.
Local Content Maximization: Prioritizing local suppliers, contractors, and workforce development to ensure our projects deliver sustainable benefits to the Tanzanian economy.