The 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
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Emma 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
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President 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
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Lead 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
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IOCs 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
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The 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
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Alex 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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NJ Ayuk, Executive Chairman of the African Energy Chamber The final frontier for oil and gas exploration, a range of untapped resources awaiting exploitation, and opportunities across the entire energy value chain all represent key components of Africa’s hydrocarbon market. For years, resource rich nations have been capitalizing on their
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Ernest Rubondo, the Executive Director at Petroleum Authority of Uganda addressing the press Investments in the oil and gas sector are expected to grow to US$ 3 billion (Shs10.5 trillion) in 2022, Ernest Rubondo, the Executive Director at Petroleum Authority of Uganda (PAU), has said. During PAU’s annual media briefing held in Kampala
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The certified drivers in a group photo with CNOOC officials CNOOC Uganda Limited, an oil and gas company has awarded certificates to drivers in Heavy Goods Vehicle (HGV) driving undertaken since October 2021. The drivers who were trained, certified and licensed can now professionally drive Heavy Goods trucks and trailers
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