The Ministry of Energy and Mineral Development together with Uganda National Bureau of Standards (UNBS) expects to launch a standard model that will regulate the midstream and downstream sector of the oil industry. The guide which will compel companies involved in oil production and finished petroleum product importers to follow certain regulations is expected to
Tullow Oil Expects to Fully Develop oil fields in Kenya’s Turkana Basin by 2020—Papers
Tullow Oil has announced that the oil fields in Kenya’s Turkana will be fully developed by 2020, ahead of restarting of drilling in Lokichar Basin before December. The UK gas and oil exploration company published the production update yesterday where it gave a similar timeline for the Ugandan operation in the Lake Albert basin. Both
Norwegian giant Statoil says has acquired 12% stake in Block six of Tanzania’s Mafia basin offshore
Norwegian energy producer, Statoil, has acquired 12 percent working interest in Block 6 licence offshore Tanzania from operator Petrobras Tanzania Ltd. According to the information published in the Norway Post, the company has acquired block 6, which covers 5,549 square kilometers in the Mafia basin offshore. It was established that the transaction is subject to
AfDB Boss Says Oil Pipeline Projects in Uganda and Kenya Present Golden Opportunities to Investors
Oil pipelines planned in Kenya and Uganda to ferry crude from fields to port present opportunities for private financiers keen to gain a foothold in East Africa’s energy industry, the African Development Bank says. “Nobody has ever, ever lost money financing pipelines,” Gabriel Negatu, the Abidjan-based lender’s regional director for East Africa, told Bloomberg in
Total Promises Final Investment Decision for Uganda Oil Field by End-2017
Total’s President for Exploration and Production Arnaud Breuillac said that the French major is actively moving towards a final investment decision as early as end-2017 for its onshore oil project in Uganda. Breuillac’s statement comes on the backdrop of three production licences granted to Total E&P Uganda BV (Total’s subsidiary) by the government of Uganda
Total Vows to cut Investment Expenditure as Recovery Measure from the Oil Price Surge
French oil major Total SA, a key operator in Uganda’s leading oil projects said it would further cut investment and costs on its operations to retain profitability as it continues to counter the oil-price collapse. Patrick Pouyanné, Total’s chief executive, told investors and analysts he will pursue the strategy that has kept the company in the
Oil and Geopolitics: Reserves in the Indian Ocean are the Center of Kenya-Somalia Border Row
Kenya’s fight to hold on to potentially lucrative Indian Ocean oil and gas reserves, threatened by a maritime border spat with Somalia started at the UN’s top court in The Hague. The hearings, which are ongoing for a week are the first stage in Kenya’s battle against a 2014 claim by Somalia for the redrawing
Shell to Start Offshore Exploration Drilling in Tanzania by End of 2016
Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy. The US$20 million drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target 1 Tcf of gas, says Ophir. Shell became operator on the blocks after taking over
Tanzania Private Sector Organize meet to Review Opportunities Available in Uganda Oil Pipeline Project
Tanzania businessmen are set to deliberate on the opportunities Uganda crude oil pipeline presents to the country as a way of strengthening local participation in the oil and gas industry. The workshop, organised by Tanzania Private Sector Foundation (TPSF) and Petro Fiorentini, expects to unveil opportunities available before, during and after pipeline construction. The organizers
Government Should Prioritize Education for Children Affected by Resettlement in Oil Refinery Project
By Dickens Kamugisha… On May 25 this year, more than 80 people whose land in Hoima was acquired for Uganda’s oil refinery met with officials from Uganda Human Rights Commission (UHRC), and ministries of energy and lands. These people, despite their land being acquired in 2012, have not been compensated or relocated yet. At the