The Bunyoro Kitara kingdom has requested government to give it some shares in the Uganda National Oil Company. According to the kingdom’s Prime Minister Andrew Kirungi Byakutaaga, their legal team is planning to draft a proposal to the parties involved to ensure that Bunyoro doesn’t miss out on the benefits of the oil sector. Byakutaaga
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
Workers At Total’s North Sea Oil, Gas Platforms Plan for fifth Strike On Aug 20th
Workers at three oil and gas platforms in the North Sea operated by Total have planned for a fifth set of a 24-hour on August 20,after failure to reach an agreement in the meeting with the French major on Thursday. Unite, UK’s biggest trade union today posted on twitter; “Unite met Total today where
Australia’s Woodside releases 2018 oil and gas production guidance
Australia’s largest independent oil and gas company, Woodside Petroleum has released 2018 production guidance after registering tremendous development. The company is set to produce between 87 MMboe and 91 MMboe of oil and gas by the end of 2018, up from its previous expectation of 85-90 MMboe Woodside highlited in it’s H1 results. “Our base
Offshore Workers Call off Strike After New Pay Deal
Offshore workers have decided to call-off the earlier planned strike in agreement to the newly proposed payment plan from management. According to the Unite, members working for Aker Solutions on the Mariner oil platform had voted in favour of the deal. Over 68% of Aker solution workers of an 88% turnout had accepted a new
Scotland Avail funds to support oil and gas decommissioning
The Government of Scotland has availed funds for the supply of oil and gas for the decommissioning of the North Sea infrastructure. An extra £5m sum has been dedicated to the Decommissioning Challenge Fund (DCF) fund that will re-open for a third round of financing. The DCF will help to support the country’s port infrastructure
India opens bidding for $14.46bn oil and gas reserves
The Government of India has opened a second phase of Discovered Small Field Policy (DSFC) bid worth Rs1tn ($14.46bn) and targeting over 25 discovered oil and gas reserves. The bidding round has been launched by the Union Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan and will kick-off next
Uganda to start Importing Gas from Tanzania
Uganda has started negotiations with Tanzania on importing natural gas that will be used as a reducing agent in steel and iron manufacturing. The minister for the Energy minister,Ms Irene Muloni, told Parliament’s Natural Resources Committee that discussions about depending on Tanzania for gas are still on-going. “Maybe as we build the pipeline for crude
Brent crude oil Supplies fell by 6million bbl-American Petroleum Institute
A report released by the American Petroleum Institute on August 8,2018 indicated that supplies for Brent crude oil have fallen up to 6million barrels on the New York market. This was partly linked to the rise in the prices of the mineral making it hard for buyers to purchase. The prices for Light, sweet crude oil
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