Energy and Infrastructure key development priorities since 1986 2020: The expected oil jobs are here The oil and gas sector is finally coming to the take-off stage. With the Final Investment Decision (FID) for the oil pipeline project expected this first quarter of 2020 (between now and March), what is on the minds of several
In April 2018, Uganda entered into a Project Framework Agreement (PFA) with the Albertine Graben Refinery Consortium (AGRC) as the Lead Investor to develop the project. As Uganda prepares to become an oil and gas producer, the main focus has been on developing the required local capacity and skills to work in the 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
President Yoweri Museveni has refuted claims that Uganda oil production maybe overdue because of the slow policy implementation processes in the oil sector saying that all major decisions have been made to facilitate oil production. “What remains to be tested is the preparedness and readiness of you all and most especially the East Africans, our
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 long awaited deal of the Tanzania – Uganda natural gas pipeline has been finally sealed off after an agreement was signed on Saturday August 25, 2018. The natural gas pipeline project was launched in Tanga by Presidents John Magufuli of Tanzania and Yoweri Museveni of Uganda and French oil multinational Total is the main
Uganda and Equatorial Guinea have agreed on an action plan for implementing a Memorandum of Understanding on Cooperation in the field of oil and gas. This was during President Yoweri Museveni’s four-day state visit to the country that has ended today. According to a joint communiqué by the president Museveni and his host H.E Teodre
Standard Bank Group’s Ugandan unit plans to raise $3 billion (€2.56bn) for a crude pipeline by the second half of next year as the east African country prepares to start oil production by 2020. According to The Irish Times, Oil and gas exploration company Tullow Oil, which was founded in Co Carlow, is jointly developing
Ugandan President Yoweri Museveni and his Tanzanian Counterpart, President John Pombe Magufuli finally over the weekend put pen to paper by signing the East African Crude Oil Pipeline Agreement (EACOP) a move that is expected to pave way for studies to explore the possibility of building a pipeline to the Tanzanian port of Tanga. The