PAPs, Small and Medium Enterprise owners attending a meeting in Masaka to enhlighten them about the available opportunities in the oil and gas sector The Petroleum Authority of Uganda (PAU) and Total Energies- Uganda, and East African Crude Oil Pipeline officials have embarked on training people affected by the project
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The Final Investment Decision Is Here – What Next For Uganda’s Oil & Gas Sector?
Construction Works for the Tilenga Project Industrial Area The confirmation of commercial oil and gas resources in Uganda in 2006 has since been a source of both pride and high expectation for many Ugandans. Even more so with the launch of the projects in April 2021 and the announcement of
Read MoreLocal suppliers will access cheaper loans from banks to enable them to compete for lucrative jobs in the oil and gas sector. The affordable credit is being pushed by the Energy Ministry as part of the efforts to fulfill the local content requirements. The Head of the National Content in
Read MoreThe rig (Photo/Courtesy) After the February 1, 2022 announcement of the Final Investment Decision, the US$ 10 billion investment means major works in the Tilenga, Kingfisher and the East African Oil Pipeline (EACOP) can now take off. The joint venture partners namely TotalEnergies EP Uganda, CNOOC Uganda Limited and Uganda
Read MoreEmma Mugisha, Stanbic Bank Executive Director, Sarah Ssewanyana, Executive Director for EPRC, Ernest Rubondo, Executive Director for Petroleum Authority of Uganda and Mona Muguma-Ssebuliba, Chief Executive for aBi Finance, displaying signed MoUs at Sheraton Hotel A consortium of five organizations has today commissioned two studies to define business opportunities in
Read MorePresident Yoweri Museveni speaking during the announcement of FID event “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman
Read MoreLead partners in a group photo after announcing the FID International Oil Companies (IOCs) led by TotalEnergies and China National Offshore Oil Company (CNOOC) Tuesday afternoon joined the Uganda National Oil Company (UNOC) announced the Final Investment Decision (FID) for Uganda’s oil and gas projects. The announcement was made by TotalEnergies
Read MoreIOCs officials after announcing FID CNOOC Uganda Limited, an oil and gas company has today announced Final Investment Decision (FID) for the development of the Kingfisher Development Area (KFDA) and the LA 2 South. The decision was made following accomplishment of the Host Government Agreements (HGA) agreement signed between Government
Read MoreThe joint venture partners in Uganda’s Oil and Gas sector are set to make the Final Investment Decision (FID) today afternoon. The FID by TotalEnergies, CNOOC and Uganda National Oil Company (UNOC) is expected to see money invested towards the development of the Kingfisher and Tilenga projects in the Albertine Graben and the
Read MoreAlex Nyombi (4th right) during Minister Nankabirwa's visit to Tilenga Industrial Area By Alex Nyombi Following consistent and resilient efforts, Uganda made its first commercial oil discovery in 2006. Since then, Government has worked with licensed oil companies to study and further define the petroleum (oil and gas) fields within
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