D CEO has announced its Oil and Gas Awards finalists for 2018 from whom the winners will be chosen. The 2018 winners with be revealed at an exclusive awards event in October Tuesday, Oct. 30, at The Petroleum Club. The nominees were filtered basing on the CEOs, CFOs, and innovators who have helped to make
Total E&P Uganda, the mastermind of the Tilenga and East Africa Crude Oil Pipeline Projects EACOP has started trainings on the first batch of students for the today welders training programme launched earlier this year. Over 200 students are targeted in the strategy and are to be divided into 8 groups of 25 for the 2G
The Uganda National Oil Company (UNOC) Ltd and China National Offshore Oil Company (CNOOC) have signed a Memorandum of Understanding (MoU) to partner in oil exploration in Western Uganda. The MoU was signed by Dr. Josephine Wapakhabulo, CEO UNOC and Mr. Fang Zhi, the Chairman of CNOOC international today in Beijing and was witnessed by
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
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding that the increase will come from the development of the Egina Deep project. “Our plan is to maintain aggressive exploration and appraisal
Oryx Petroleum Corporation Limited announces that a wholly-owned subsidiary has entered into a Farmout Agreement with a subsidiary of Total S.A., providing for the transfer of the Corporation’s 30% participating interest in the Haute Mer B exploration license offshore Congo (Brazzaville) (“Haute Mer B”) to Total or an affiliate. All dollar amounts in this news
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
Tullow Oil, British Oil Company will continue its oil and gas development activities in Turkana County, the Government has said. A statement from the Ministry of Petroleum and Mining reveals that the government has reached an agreement with the company, and such includes addressing the grievances that stalled the transportation of the commodity to the
Uganda banks have shown commitment towards giving out loans and supporting activities of the Uganda’s oil and gas sector. Although the Central Bank regulations dictate that the bank can only avail a maximum of 25 per cent of the bank’s capital, many banks have started staging billions of money to lend to companies involved in
Oil giant, Royal Dutch Shell Plc says it is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial sector that could potentially employ thousands, according to Ed Ubong, the managing director of Shell Nigeria Gas. Nigeria’s gas reserves are