The Petroleum Upstream Regulatory Authority (PURA) expressed an invitation to Chevron Corporation, one of the United States’ leading energy companies, to invest in Tanzania's upstream petroleum sector.

PURA expressed the invitation during Africa Oil Week 2025 held in Accra, Ghana in a meeting that featured high level officials from both sides including PURA’s Director General, Eng. Charles Sangweni and Jan Pluis, Chevron’s Manager for Global Exploration and New Ventures.

During the meeting, Eng. Sangweni informed Chevron of the existing exciting opportunities in Tanzania’s petroleum upstream sector and the plans in the pipeline, including the launch of the fifth licensing round.

“With about 30% of sedimentary basins explored in Tanzania, and plans to launch a bidding round through which blocks from the offshore Indian Ocean and Lake Tanganyika will be auctioned, opportunities are abundant for Chevron” said Sangweni.

He also added that, with existing gas-producing fields and gas infrastructure including processing facilities and pipelines, Tanzania remains an ideal investment destination for Chevron.

On his part, Mr. Pluis stated that Chevron is fully committed to strategically expanding its operations in Africa, citing its established presence in Nigeria, Equatorial Guinea, and Angola.

He also noted that Chevron is looking at Tanzania’s’ oil and gas sector with keen interest and working ensure that the company grabs the investment opportunities presented by the county.