One of Total’s oil rigs Government has revealed that drilling of oil wells at the Tilenga project is expected to commence in July 2023 as country moves closer to the the first oil target in 2025. Gloria Sebikari, the Manager, Corporate Affairs & Public Relations at Petroleum Authority of Uganda (PAU) made
Read More
CNOOC’s rig drilling an oil well. The land rig is soundproof and has capacity to drill 8 kilometers below the ground CNOOC Uganda Ltd, the operator of the Kingfisher Development Project (KFDA), has intensified oil drilling in order to realize first oil in 2025. The drilling of development wells commenced
Read More
Kabalega International Airport is nearing completion Kabalega International Airport, Uganda’s second international airport after Entebbe, will be ready to start air cargo operations by October 2023, the contractor has said. Located in Kabalega Industrial Park in Hoima district, the airport will be used to airlift the equipment that will be
Read More
Representatives of CNOOC Uganda and contractors of the Kingfisher Oilfield Project handing over the cheque to Entebbe Children Welfare School CNOOC Uganda Limited, in collaboration with contractors of the Kingfisher Oilfield Project, has announced a significant donation to the Entebbe Children Welfare School, an educational institution serving vulnerable and disadvantaged children
Read More
The International Energy Agency (IEA) has released its latest medium-term market report, signaling a notable deceleration in the growth of global oil demand in the coming years. According to the report, current government policies and market trends indicate a 6% increase in global oil demand between 2022 and 2028, reaching
Read More
President Museveni a few months ago launched the oil rig at Kingfisher in Kikuube District. The Kingfisher area is operated by CNOOC Uganda Companies working to develop oil and gas in the Albertine region are bitter that their suppliers have hiked prices for food. The companies have indicated to our
Read More
Two joint partners in Kenya’s quest for oil in Turkana have quit the project, exerting new pressure on the main operator Tullow Oil, which has been unable to take the exercise off the ground after the British oil explorer ran out of cash. Africa Oil says it abandoned the Kenya
Read More
Tullow Oil, the global independent oil and gas firm says it is to assume a 100% stake in Kenya’s South Lokichar Basin project. On Tuesday, Tullow Kenya said it has been informed by its two minority partners of their intention to issue notices of withdrawal from Blocks 10BB, 13T, and
Read More
Energy Minister Ruth Nankabirwa hands over the exploration license to M/S Armour Energy Uganda (SMC) Ltd official (Left) as Finance Minister, Matia Kasaija looks on The Government of Uganda has earned US$ 2 million (about Shs7.44bn) from the second oil licensing round in the Turaco Block. While issuing the Production Sharing Agreement to M/S
Read More
The East African Crude Oil project is seeking a 1.8-billion-dollar debt for construction to take off. The project has been estimated to cost between $3.5 billion and $4 billion, of which 60 percent comprises debt raising and 40 percent equity. Energy and Minerals Development Minister, Ruth Nankabirwa on Friday said
Read More
