When every one is talking about Oil in Uganda, these facts should be on our finger tips and any person who has interest in this sector may already know this but well, we thought sharing this may help someone out there who has no clue about the sector. Twenty one (21) oil and/or gas discoveries
UMEC 2015 set to showcase Investment Potential in Uganda’s Mining Sector
In 2014, the estimates of discovered oil in Uganda rose from 3.5 Million to 6.5 Million Barrels. The recent revelation that Uganda was exploring areas like Karamoja and the Hoima Basin to find more oil, the hopes to embark on commercial output in 2017 and the new round of licensing in the sector scheduled to
Uganda’s quest for more oil reaches Karamoja
[googlemap src=”http://” width=”500″ height=”360″ align=”alignleft” ]By Zakaria Tiberindwa and Edward Tumwiine Uganda’s discovered oil reserves are estimated at 6.5 billion shillings and it is believed that if the oil is well utilized, the money from the resource could lift the country from a developing nation to middle-income status. However the country’s quest for more oil
Methods of fighting oil fires
When drilling first started firefighters had to think of ways to contain the fire. The standard practice 80 years ago was to extinguish the blowout with an explosion of dynamite. A fire needs a source of fuel, heat and oxygen to survive and if any of these ingredients are missing the flame will die, therefore
Uganda to inject $57 million in oil belt airfield as oil production draws close
An airfield in Kasese is set to get an upgrade worth $57 million that will eventually transform it into an international airport, an aviation official has said. Kasese Airfield lies in the south of the Albertine region where crude oil reserves have been discovered. Kasese airfield, also sits near Kilembe copper mines which were recently
Uganda to earn $50 Billion from discovered oil reserves
Uganda’s government should expect to earn $50 billion on behalf of its 35 million strong population from reserves already discovered over the lifetime of the oil fields, Tullow said – almost three years’ worth of its $17 billion gross domestic product (GDP). Asked where the oil money might go, the Commissioner for Uganda’s Petroleum