JOBS: at The East Africa Crude Oil Pipeline in Uganda

The 1,445km East African crude oil export (EACOP) pipeline is being constructed between Kabaale in the Hoima District of Uganda and Chongoleani in Tanga, Tanzania.On completion, it will become the world’s longest heated crude oil export pipelines.The Governments of Uganda and Tanzania signed a $3.5bn inter-governmental agreement in May 2017 for the development, which is expected

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Uganda soon to become an oil economy as Saipem receives permission to start refinery design tender

Uganda has increased its ventures into the Oil sector after permitting Italian-based firm, Saipem, to start studies in the technical front-end engineering design (FEED) of the refinery project.The directive was given by the Albertine Graben Refinery Consortium (AGRC),a scheme responsible for the design, finance, construct and maintainance of  the proposed oil refinery in Hoima District. The

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UGANDA: Oil production to create 160,000 jobs

The oil production expected to start in the Albertine region by 2020 is projected to create over 160,000 jobs, Caroline Korutaro, a senior petroleum engineer in the Directorate of Petroleum at the Ministry of Energy and Mineral Development has said. Korutaro said of jobs created, about 60% will be for petroleum engineers, geologists, oil researchers

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American Noble Energy and Rossetta Resources announce merger

American renowned Oil and natural gas exploration and production company Noble Energy limited has announced acquisition of its minor rival Rossetta Resources Incl  in a deal valued at $ 2.1 billion. In the concessions, Noble Energy will take over Rossetta’s stock including its net debts valued at approximately $1.8 million as of Mach 2015. The

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Standard Chartered new financial adviser in Mozambique’s Multimillion gas projects

London based Standard Chartered Bank has been named new financial investment adviser in Mozambique State Oil and gas company Empresa Nacional de Hidrocarbonetos’, (ENH) in a highly competitive bid process Standard Chartered in a joint partnership with Mozambique’s largest bank  Millennium BIM out competed several others including British multinational banking and financial services HSBC and local partner Banco Unico

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Completion of Uganda’s oil refinery expected in 2020

The construction of Uganda’s oil refinery in the western district of Hoima and the 205 kilometer pipeline that will carry processed gas products to the prospective assembly point in Buloba, 14 kilometers out of Kampala will take close to five years, the contractor confirmed last week. Speaking at the Uganda Oil and gas convention, Andrey

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Tullow’s job cuts: it was only a matter of time

The people who are still employed by Tullow Oil have a reason to thank their God. The last couple of months have been months of uncertainty, speak of this thing they call Job insecurity. Certainly, the fate of many in Uganda, for example, must have remained hanging in balance until last week when Tullow Oil

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