Government has failed for find buyers for over 40,000 barrels of crude oil extracted from Uganda’s oil wells in Bulisa and Kikube districts. While some Ugandans have alleged that the government has airlifted some of the crude oil, it is emerging that all the test crude remains confined in containers
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MPs on a guided tour of the UPIK Members of Parliament (MPs) on the Environment and Natural Resources (ENRC), and Budget Committees have expressed optimism with the progress of Uganda’s oil project that is evolving into the development phase. This followed a two-day virtual meeting held on 23rd and 24th September, 2021
Read MoreDavid Mparutsa, the Head, Enterprise & Supply Chain Development, Corporate and Investment Banking, Absa Regional Operations. Capacity building has become a core issue in preparing local content companies to take advantage of the upcoming investments of $20 billion within the oil and gas industry of Uganda. Many developing countries have had
Read MorePetroleum Authority Sets Up Steering Committee To Boost Shs1.7bn African Dev’t Bank Business Linkages Project
L-R: Mr. Charles Felix Olarker, Mr. Steven Sherura Bainenaama, Dr. Joseph Kobusheshe, Ms. Peninah Aheebwa; Ms. Betty Namubiru; Mr. Dennis Kamurasi. The Petroleum Authority of Uganda (PAU) has inaugurated a Steering Committee which among other things, will provide strategic guidance to implement the African Development Bank (AfDB) Micro, Small and
Read MoreCNOOC Uganda Hands Awards To Best Performing 2020 Students At PLE, UCE & UACE Levels In Hoima District
CNOOC Uganda, an oil and gas company has today recognized and awarded one hundred Eighty (180) best Performing Hoima and Kikuube students at PLE, UCE and UACE level under its Corporate Social Responsibility Program code-named “CNOOC Best Performer’s Award”. The CNOOC Best Performers Award was inaugurated in 2012, with an aim
Read MoreTotalEnergies Uganda Deputy General Manager, Mariam Nampeera Mbowa says its Joint Venture partner CNOOC is holding the announcement of the Final Investment Decision on the Lake Albert Oil Development projects. The Lake Albert project comprises of the Tilenga project operated by TotalEnergies E.P Uganda, and Kingfisher operated by CNOOC Uganda.
Read MoreFavourable Financial & Insurance Products Needed To Enhance Local Content Within Oil & Gas Industry
Phillip Niwamanya, Oil and Gas Sector Head at Absa Bank Uganda Lack of collateral for financing is one of the challenges hindering local Small and Medium Enterprises (SMEs) participation in the oil and gas industry. This was one of the issues discussed during the virtual industry dialogue for the month of
Read MoreProtesters from the Beja community blocked two crucial oil pipelines Sudan's transitional authority has reached an agreement with protesters who had blocked two crucial pipelines in the east and disrupted the flow of oil in and out of the country. The demonstrators from the Beja community have been protesting for
Read MoreOil pipeline Uganda and Tanzania have stepped up efforts that will see various companies in the two countries jointly bid for opportunities in the oil and gas sector, to ward off foreign competition. For more than a decade of the development of the oil and gas industry in Uganda, it
Read MoreProject Affected Persons Receive 5,000 Chicks In Oil & Gas Livelihood Restoration Programme
291 people affected by the Kingfisher feeder pipeline in Kyangwali sub-county, Kikuube district have received 5,000 chicks A total of 291 people affected by the Kingfisher feeder pipeline in Kyangwali sub-county, Kikuube district, have received 5,000 chicks as part of a livelihood restoration programme implemented by CNOOC Uganda Limited on behalf of
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