[dropcap]T[/dropcap]he tax dispute between Total E&P Uganda is just another in a series of Tax Disputes that the Uganda Revenue Authority has had to deal with in the past 5 years. The good news is that so far Uganda’s Tax body has always come out victorious and most remarkably in the Heritage case in which
Tullow’s job cuts: it was only a matter of time
The people who are still employed by Tullow Oil have a reason to thank their God. The last couple of months have been months of uncertainty, speak of this thing they call Job insecurity. Certainly, the fate of many in Uganda, for example, must have remained hanging in balance until last week when Tullow Oil
The slump in global oil prices: was it the wake-up call Uganda needed
February was a fairly busy month for anyone keen on developments in Uganda’s Oil and Gas sector. Obviously Tullow Oil released its 2014 Full Financial Year Results as anticipated- the kind that Tullow would love to forget. Uganda’s cabinet approved the first open licensing round for petroleum exploration putting some six blocks up for grabs
How to get a job and land opportunities in the Oil and Gas sector
Following the slump in Oil and Gas prices, companies like Tullow Oil have been downsizing and if there is any time when it is hard to get opportunities in the Oil and Gas Sector, then such is the time. However despite the ‘evil times’ in the sector there are still opportunities that exist in the
Uganda cabinet approves first open- bid licensing round for Petroleum Exploration
Cabinet has approved plans to open up six blocks in the Albertine Graben for licensing in the country’s first competitive bidding round. State Minister for Energy, Eng. Simon D’ujanga, informed parliament last week that preparations for this bidding round commenced after the new law was put in place and were now culminating with the submission
Why Uganda will not benefit from the slump in Global Oil Prices
When Ugandans query the constant upsurge in oil prices, they are often reminded by fuel dealers that the global oil price trends largely driven by the Middle East suppliers especially Saudi Arabia are the reason to blame. However, developments in the recent past suggest that the dealers only use the global oil prices as the
Japan’s Toyota Tsusho wins contract to design Uganda-Kenya pipeline
Japan’s Toyota Tsusho has won a contract to design an oil export pipeline from Uganda to Kenya’s coast, a Kenyan official says. According to Joseph Njoroge, the Kenya Energy Ministry’s principal secretary, Toyota Tsusho, the company awarded the contract for the feasibility study and preliminary engineering design must submit their report within the next five
Why Tullow Oil PLC is cutting expenditure elsewhere and focusing on exploration in East Africa
Amid-st the turbulent rage of the faltering oil prices Tullow Oil PLC has resolved to revise its investment priorities and focus on East Africa and Ghana in West Africa come 2015. In an Interim Management Statement issued on 12th November 2015 Tullow indicated that though exploration will remain a key part of the company’s future
The 2012 Oil Contracts: a good financial deal for Ugandans but without human rights and environmental safeguards
The Government of Uganda achieved a better deal, at least in the financial sense, for its oil in the Production Sharing Agreements that the government signed in 2012. The terms of the 2012 agreement are far more financially beneficial to Uganda compared to the agreements made before 2008, a report by Global Witness, an Oil
Conrad Nkutu appointed Tullow Oil Corporate Affairs boss
Daily Monitor Former Monitor Publications Limited Managing Director, Conrad Nkutu, has been appointed Tullow Oil Uganda’s Head of Corporate Affairs, a position that will see the veteran media manager join the oil and gas giant’s senior management team. Mr Nkutu officially reports for duty on Monday, July 1, 2013. A press release