Uganda Ministry of Energy and Mineral Development issued eight oil production licences to lead oil industry players Tullow and Total, ending years of deadlock. The two now join their Chinese partner China National Offshore Oil Company (CNOOC) which received its production licence in September 2013. The Licences are for Exploration Area 1 (EA1) and Exploration
Uganda Receive Bids for first Competitive Oil Exploration Licencing Round from Seven Firms
Uganda has received seven bids for six oil exploration blocks offered in a licensing round and it plans to chose the winners and sign deals by the end of June, the Ministry of Energy and Mineral Development said . The firms that submitted bids are: Armour Energy Limited of Australia, WalterSmith Petroman Oil Limited of
Taylor-DeJongh, The U.S-based Firm which advice Government Of Uganda on Oil Refinery Development Project
The Government of Uganda (GoU) hired U.S.-based investment firm Taylor-DeJongh to advise on the construction of a $2 billion oil refinery. The firm won the contract in February 2015, to advise on the selection of a lead investor for the refinery, sourcing for financing and formation of a refining company. Below is it’s profile Taylor-DeJongh
Find details about companies listed in first licensing round of Uganda oil exploration
Uganda Ministry of Energy and Mineral Development on July 1, 2015 listed 19 companies that had expressed interest taking up licenses to explore for oil in the Albertine graben. However, analysts have asserted that the nation’s oil and gas sector has failed to attract leading multinationals in the oil and gas industry. According to the observer