Uganda signed an agreement with an international consortium of energy industry investors to build a long-delayed oil refinery, according to an official statement. The consortium — a partnership of four Italian and Mauritian companies including Nuovo Pignone International owned by US-giant General Electric — agreed to build and operate the refinery near Hoima on the
Retired former principle judge of the High Court, Justice James Ogoola, has warned government against excluding communities in the oil region during the implementation of the East Africa Crude oil project. “In this day and age, we need not to repeat past mistakes. We must beget a humane and balanced transformation. Any development that excludes
OIL & GAS As Uganda moves ever closer to the magic year of oil production — 2021, Dozith Abeinomugisha, the director for exploration at the Petroleum Authority of Uganda, has warned that the country cannot afford to make mistakes because of the limited nature of the resource. “We do not have the reserves that many
The where abouts of 10 Nigerian National Petroleum Corporation (NNPC) staff is uncertain after gunmen believed to be Boko Haram Islamists yesterday Wednesday July 26, 2017 kidnapped them while they were on an oil exploration team in northeast Nigeria, colleagues and the state-run oil firm said. “About 10 staff from the survey and geological department
Uganda’s oil and gas industry has last week got a boost by unveiling the first ever National Suppliers Database of more than 290 approved firms to supply goods and services. According to the Independent Newspaper, The companies can now be accessed on the Petroleum Authority of Uganda’s website www.pau.go.ug. The move is in fulfillment of
Uganda aims to sign deals by the year-end with the four oil exploration companies it had invited for talks in its first licensing round, a senior energy ministry official said on Wednesday. Those selected to negotiate production sharing agreements (PSAs) were Nigeria’s WalterSmithPetroman Oil Ltd, Oranto Petroleum International and Niger Delta Petroleum Resources, and Australia’s
Uganda government is considering a fresh licensing round for three oil blocks in the Albertine Graben that were not taken up during the first licencing round, Daily Monitor newspaper has reported. One of the blocks measuring about 344 Km2 Mvule block, according to the ministry’s spokesperson Ibrahim Kasita, received only one bid from US-based Glint
Heritage Oil Limited through its Tanzanian Subsidiary Heritage Rukwa is set to start drilling its first experimental oil well in Tanzania’s Rukwa Rift Basin by the end of next year The citizen newspaper reported. The move comes after successful completion of exploration in the area according to the company Managing Director Jim Baban. Baban said
History has taught humanity that a country can have enormous natural resources, but fare badly economically. Sometimes a country endowed with natural resources can miss out completely on all or part of the resources. Then natural resources become a curse! In the heat of discoveries, sometimes manufacturing and agriculture sectors are forgotten. This happens especially
Data obtained from the United States, US, Energy Information Administration, EIA, has put the continued decline of employment in the oil and natural gas production across the world at 26 percent between 2014 and 2016. The report, which captured between October 2014 and May 2016, stated that employment in oil and gas production reached a