Gloria Sebikari – Manager Corporate Affairs, Petroleum Authority of Uganda, addressing journalists
Gloria Sebikari – Manager Corporate Affairs, Petroleum Authority of Uganda, addressing journalists
Ugandan companies are already earning big from the ongoing oil and gas activities as the country gears up for the first oil expected before the end of 2026.
Gloria Sebikari – Manager Corporate Affairs, Petroleum Authority of Uganda (PAU) says contracts worth over US$ 2.2 Billion (UGX7.6 trillion going by the current exchange rate) out of US$ 5.4Billion have been awarded to Ugandan companies since 2022 when the Final Investment Decision (FID) was signed.
“Over 630 entities out of the 3,087 entities registered on the National Supplier Database have so far been awarded contracts, and 465 of those are Ugandan entities,” Sebikari said.
She made the remarks while addressing journalists at Kabalega Resort in Hoima on Tuesday ahead of their field visit to Uganda’s oil fields to appreciate the ongoing developments.
She further revealed that over 17,203 people are directly employed in the oil and gas sector, with 89% Ugandans employed and 5,273 from surrounding communities.
She said 63% Ugandans are in management,93% in technical and 98% in support services.
Government says the oil and gas sector has so far created about 35,000 and 100,000 indirect and induced jobs respectively.
Additionally, over 14,000 Ugandans have been trained and certified in various oil and gas disciplines of Welding, Health Safety and Environment, Heavy Goods Vehicle driving and Scaffolding among others.
Even before first oil flows, Sebikari says Uganda is already benefiting from the sector, noting that from FY 2009/10 to 2023/24, Government has earned over US$ 1.39 Billion in Tax and Non-Tax Revenue (NTR) from the sector.
Government projects annual NTR before first oil to be US$ 1.7Million.
She adds that in the last five years, the oil and gas sector has accounted for over 60% of Foreign Direct Investments (FDIs) in the country which has partly contributed to macro-economic stability.
The drilling of production wells for the Kingfisher and Tilenga oil production projects is progressing well and on schedule, according to oil companies.
The Kingfisher Development Project (KFDA) is operated by CNOOC Uganda Ltd, while the Tilenga Oil Production Project is operated by TotalEnergies EP Uganda.
The Uganda oil project envisions drilling over 450 wells on 35 well-pads, leading to an estimated production of 230,000 barrels of oil per day, at its peak once production commences.
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Surely do we have those companies 465 Ugandan company being awarded those contracts and do you know how much they are paying to work seriously be considerate for Ugandan who are working in Oil and gas, poorly paid