British exploration firm Tullow Oil has stated that it has the financial muscle required to develop petroleum reserves in Uganda and Kenya, even after the sudden exit of its chief executive triggered a collapse of its share price. Tullow, which is in advanced stages of developing oilfields in the two
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East Africa and the Indian Ocean have witnessed substantial discoveries of oil and gas in the last decade, but the full potential of the region has yet to be realised. At this year’s Africa Oil Week (Africa-OilWeek.com) event there was a big focus on the region and its growing importance.
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Tullow Uganda Managing Director, Jimmy Mugerwa has been transferred to London based head office as Tullow Group’s Corporate Head of Infrastructure and Organisation, the company said in a press statement. This is a newly created role which according to the release is advisory, but Mugerwa will also be responsible for
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Over 200 Small and Medium Enterprises (SMEs) have been enlightened about the existing untapped opportunities in the oil and gas sector at the midstream stage. The enterprises who are dealing in construction, engineering, ICT among others have been urged to position themselves to provide services by bidding for services and
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A Government of Uganda team led by Hon. Irene Muloni, Minister of Energy and Mineral Development and Albertine Graben Refinery Consortium (AGRC) leadership led by Rajakumari Jandhyala President and CEO of YAATRA Ventures jointly presented the East Africa Community sanctioned Refinery located in Hoima during the recently concluded Africa Investment
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Although it may appear that much of the exploration activity in Africa is driven by smaller independents, the supermajors still have a significant role to play. In recognition of the importance of the market these supermajors were all well represented by senior executives at this year’s Africa Oil Week (Africa-OilWeek.com).
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Irene Muloni, the Ministry of Energy and Mineral Development, has revealed that 90% of Uganda’s energy mix is from renewable sources. “There is vast potential for renewable energy sources from the various water bodies in the Country,” she noted. This was during the Ministerial Panel at the 26th Africa Oil Week
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Africa Oil Week got off to a high profile start with a prestigious Ministerial and VIP Symposium on the 28th floor of First National Bank’s corporate headquarters in Cape Town’s Waterfront district. Over 200 senior executives from IOC and NOCs along with ministerial delegations from leading African nations joined to
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Irene Muloni, the Ministry of Energy and Mineral Development, in the Republic of Uganda is leading a delegation of private and public sector players from Uganda’s oil and gas sector at Africa Oil Week 2019, 4th to 8th November 2019 in Cape Town, South Africa. Minister Muloni said “Uganda will
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Peter Lokeris, the Minister of State for Minerals, today re-asserted government’s commitment to having the East African Crude Oil Pipeline (EACOP) project delivered as planned. “I know many of you had started thinking that the project has stalled but this Public Hearing should now take away all doubt since it
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