Tullow Oil, an Independent oil explorer has issued a statement confirming great hope in the new year 2019. The company believes for growth in its oil production by 10%. The statement was issued on Wednesday and Tullow based its claim on the successful drilling program at its Ghanaian assets. “Tullow is well-placed to deliver on
UNOC Struggles to Sell Uganda’s 45000 Litters of Test Crude Oil
Uganda National Oil Company (UNOC) started early this year to call out potential buyers to bid for the 45,211 barrels of test crude oil that was extracted from extended well tests. However, the bid that was programmed to end in March is still on the go due to lack of adequate qualifications from the previous
UK Investors struggle to get Shares in Uganda oil sector
Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on
Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project
Total East Africa Midstream has warned the general public to be cautious while accepting jobs advertised in relation to the Tanzania-Uganda crude oil pipeline project, saying most are fakes. Total has learnt that various companies have started assuring people that they can help them secure jobs from the East African Crude Oil Pipeline (EACOP) project. Unknown
Transaction Advisor needed at Uganda National Oil Company (UNOC)
Uganda National Oil Company (UNOC) is looking for a transaction advisor to guide the development of a multi-user storage terminal in Kampala. The state-owned company acquired land on the outskirts of Kampala for a $70-million terminal that will serve as a distribution centre for imported petroleum products. The terminal will have an initial capacity of
Uganda, Kenya hold talks on oil and gas sharing
Uganda National Oil Company has held talks with Kenya National Oil Company and Kenya Pipeline Company on how the two countries can benefit from oil and gas discoveries. In the talk session hosted by the National Oil Corporation of Kenya (NOC) , the companies shared experiences and ways of maximizing the benefits that come with
China’s new directive to curb theft in oil and gas sector
China has issued a new directive that will help to a new directive to curb on the growing cases of theft of oil and gas and sabotage of facilities, according to the Supreme People’s Court (SPC) press release. The document, jointly issued by the SPC, the Supreme People’s Procuratorate and the Ministry of Public Security
Iran seeks trade relations with Uganda ahead of US oil ban
The Iran’s Vice President for Science and Technology Sorena Sattari visited Uganda last week to set up new trade relations with the pearl of Africa just a month to the United States oil ban. The vice president met the president of Uganda Yoweri Museveni in Kampala on Tuesday. In the meeting, Sattari revealed that Tehran
Oil and Gas Cyber Attacks Increased in Past Year- Mike Spear
According to Mike Spear, industrial cyber security global operations director at Honeywell, cyber attacks in the oil and gas sector increased over the past year. “You’re looking at about 365,000 new malware every year … that’s like four per second, “What we’re seeing is in the space, or in what we call the process industries
Tanzania certain Uganda gas pipeline will be ready in 2021
The Tanzania Petroleum Development Corp. (TDPC) managing director, Kapuulya Musomba, has confirmed that Uganda’s natural-gas pipeline will start in 2021. In an interview at the oil and gas conference, Musomba stressed that 29 companies are interested in conducting a feasibility study and constructing the pipeline that will pump gas to iron and steel factories in western