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Tag Archives: CNOOC

Uganda and Tanzania renew commitment to secure EACOP

The two countries are harmonizing relevant laws and approval processes to hasten pipeline construction Kamapala, Uganda | RONALD MUSOKE | Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy and water utilities regulatory authority (EWURA)—the agencies that have regulatory powers over the oil industry in the two countries—have renewed …

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Minister turns to churches for support amidst opposition to EACOP

Kampala, Uganda | THE INDEPENDENT | The government is turning to churches to seek their support for the development of Uganda’s oil and gas sector. Climate activists have stepped up their campaigns against the East African Crude Oil Pipeline (EACOP) by targeting the churches and have had an audience with the Pope …

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Fuel prices won’t affect oil production timeline: Regulators

Kampala, Uganda | THE INDEPENDENT | Oil and gas companies and the industry regulators are still confident that Uganda’s first oil will flow by 2025, despite the rising global inflation. Most commodities worldwide have registered rapid price increases starting last year as economies reopened following the COVID-19 induced lockdown. The situation …

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Ballore wins logistics contract for EACOP

  Local firms in Uganda and Tanzania will be subcontracted to offer support | THE INDEPENDENT | French firm, Ballore Transport and Logistics, will be the Main Logistics Contractor (MLC) for the East African Crude Oil Pipeline (EACOP) project head of oil production in 2025. The firm said on May.09 …

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Equity signs MoU with Uganda National Oil Company

| THE INDEPENDENT | Equity Bank Uganda and the Uganda National Oil Company on April.13 signed a Memorandum of Understanding to facilitate and strengthen collaboration between the two entities in the areas of financing and enterprise development specifically for medium and small enterprises. The areas covered in the MoU include; …

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High court declines to block oil and gas procurement

Kampala, Uganda | THE INDEPENDENT | The  Civil Division of the High Court in Kampala has declined to order an injunction against ongoing procurements in the oil and gas sector. Blocking the procurement would halt the ongoing efforts to develop the infrastructure needed to get oil out of the ground. The …

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