Three Nigerian Companies, One Australian Selected as Competent for Uganda Oil Exploration licensing round

Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate for production sharing agreements, it said on Monday. It announced its first competitive bidding round for six exploration blocks, covering a total of 3,000 square kilometres (1,150 square miles), in February 2015. Bidding documents were

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Diversification Policy? Total acquires Major Oil and Gas installations in East Africa

French’s  Total SA has acquired oil and gas installations in east Africa for an undisclosed amount, covering assets in Kenya, Uganda and Tanzania. The major acquisitions reportedly are in line with Total’s diversification policy, which focuses on building up logistics at a time when cost-profit equations have rendered extraction less attractive. The deal to acquire

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Chinese Giant CNOOC awards Over $8000 to Uganda Examination stars from Oil-rich Albertine Graben

Chinese firm China National Offshore Oil Corporation (CNOOC), rewarded 90 students in oil-rich Albertine graben for shining in last year’s national examinations. CNOOC is the major operators of Kingfisher oil well, located in Kyangwali Sub-county, Hoima district. The winners were are the best performing students in from across various lower education levels including; Primary Leaving

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Here is Why Ugandans Must work together to fight the secrecy around Crude Oil Export Pipeline Project

By Dickens Kamugisha… Late last month, a decision on the route Uganda’s crude oil export pipeline will take was agreed upon between Uganda and Tanzania. However, given that the decision was made by the government without our participation as citizens, we must quickly come together to discuss the consequences of such secretive decisions. Available evidence

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