Total East Africa Midstream has warned the general public to be cautious while accepting jobs advertised in relation to the Tanzania-Uganda crude oil pipeline project, saying most are fakes. Total has learnt that various companies have started assuring people that they can help them secure jobs from the East African Crude Oil Pipeline (EACOP) project. Unknown
Lapsset Project Boss Expected to give Detailed Update at Regional Oil and Gas Summit in Nairobi
The Director General and CEO of Lapsset Corridor Development Authority Silvester Kasuku is expected to deliver a detailed update of the project in the upcoming East Africa Oil & Gas Summit (EAOGS), the the organizer said. “We are delighted to have the support of Kasuku and his team at the LCDA. The work that the
Nigeria Sets Special Fund Worth $100 million to Revamp its Oil Price hit Sector
Nigeria’s government has launched a special fund worth US$100 million to take care of securing the credit that the oil industry of the country needs. Called a Nigerian Content Intervention Fund, the vehicle will be managed by the Nigerian Content Development and Monitoring Board and the Bank of Industry. Until now, Nigerian oil service companies
Uganda’s Prime Minister Commissions Ikamiro-Kingfisher Road
In 2006, Uganda discovered an oil field that is now locally known as the Kingfisher Oil Field. Plans for extracting oil were delayed due to several reasons, but one of the biggest obstacles that the government faced was access to the site. The oil field can only be approached by helicopter or on water, making it difficult for
Uganda Decision to take pipeline to Tanzania Should be a lesson to Kenya Policy Makers
By Mbatau wa Nga The announcement that Uganda and Tanzania had signed an agreement to build an oil pipeline between the former’s oil fields and Tanga Port did not surprise analysts following the ping-pong game between Kampala, Nairobi and Dar-es-salaam. This should not have surprised Kenyan policy makers, either, because Uganda had contracted Total, a
Indecision on Export Pipeline is delaying Upstream Development for Uganda and Kenya Oil sector—Expert
By Jonathan Markham… Oil and gas exploration in the East African Rift System has been gaining momentum since 2000, with an upturn in the number of wells drilled and licenses acquired, primarily driven by mid-size independents and national oil companies. The first major discoveries were made in the Lake Albert area of Uganda by Tullow
Nigeria and Angola Oil industry more attractive than the rest of Africa—New report
Nigeria and Angola present attractive growth and operational expansion opportunities for manufacturers in the offshore oil and gas paints and coatings market, according to a report by Frost & Sullivan, a South African-based growth partnership company. With raw material availability and local manufacturing capabilities catalysing production and supply lines, the two countries are rapidly emerging
Uganda shortlists 16 firms in First Oil exploration licencing round
Uganda Ministry of Energy and Mineral development concluded the evaluation process of the applicants of the first Licensing Round for Petroleum Exploration, Development and Production of six blocks in the oil rich Albertine graben. According to the permanent secretary ministry of Energy, Dr. Kabagambe Kalisa, Technical competence, Financial capability, Legal qualification and National content and
Uganda Prime Minister ask investors for cooperation in development of Oil Sector
Uganda Prime Minister Dr. Ruhakana Rugunda asked investors and major stakeholders in the country’s Oil and gas sector to work together in order to expedite the development of the sector. The Premier made the remarks at the joint meeting of the Policy Coordination Committee and the Oil and gas Technical working group. The two Policy
Mutebile’s take on volatility of oil prices and their effect on Uganda’s economy
This Speech by Prof. Emmanuel Tumusiime Mutebile, Governor, Bank of Uganda was delivered at the Dialogue on the Impact of Oil Price Volatility and its Implications for the Economy and for Macroeconomic Stability at Protea Hotel Kampala on February 25, 2O15 We bring you the full speech here below [toggle title=”Introduction” state=”open” ]Good afternoon ladies