Hoima, Uganda | THE INDEPENDENT | CNOOC Uganda, an oil and gas company has recognized and awarded 180 best performing Hoima and Kikuube students at PLE, UCE and UACE level under its corporate social responsibility programme code-named “CNOOC Best Performer’s Award”. The CNOOC Best Performers Award was inaugurated in …
Read More »New licensing roadmap set as Uganda woos oil investors
Hoima, Uganda | THE INDEPENDENT | The Energy Ministry has drawn a new roadmap for the second competitive oil bidding round for five blocks in the Albertine region. The five oil blocks along its western border with Congo and parts of the West Nile region have been on offer since …
Read More »CNOOC joins Total’s bid for Uganda’s new oil blocks
Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation(CNOOC) is joining French giant Total to bid for Uganda’s new oil blocks in the Albertine. While the Energy ministry shortlisted four companies to bid for new oil blocks, URN learnt that CNOOC will be part of the bid under the …
Read More »Ugandan firms eye contracts as first oil approaches
After years of delay, multinational oil development in Uganda looks set to go ahead, but will local suppliers be able to reap a fair share of the business? | LIAM TAYLOR | In the 1990s Edward Kabuchu and his brother were mining tungsten in western Uganda when they were approached …
Read More »dfcu Bank ready to fund companies in oil and gas
CNOOC, dfcu points at post Final Investment Decision prospects Kampala, Uganda | JULIUS BUSINGE | dfcu Bank held a half day engagement for its clients and stakeholders in the oil and gas sector on Apr.28 following the government’s bold step to sign key agreements that will see the country get …
Read More »Gov’t not bothered about banks refusing to finance EACOP
Kampala, Uganda | THE INDEPENDENT | The government is not concerned about the decision of some international banks to stay away from the financing plans for the East African Crude Oil Pipeline. Several banks in France, where the lead investor in the project, Total, is based, have stated that they will not …
Read More »Uganda oil money agreements
What is govt hiding? Kampala, Uganda | RONALD MUSOKE | Hussein Lumumba Amin, a renowned socio-political analyst, recently ignited debate on one of Uganda’s most sensitive subjects since Uganda discovered commercially viable oil reserves in 2006: What exactly will be Uganda’s share of its oil resource when production finally …
Read More »Open letter to Suluhu, Museveni
The East Africa Crude Oil Pipeline is a project with multiple dire social, economic and environmental impacts COMMENT | VANESSA NAKATE AND LANDRY NINTERETSE | Dear Presidents Yoweri Museveni of Uganda and Suluhu Hassan of Tanzania, building the world’s longest heated crude oil pipeline in the midst of a climate …
Read More »Uganda oil agreements
Why experts don’t know whether to celebrate or criticise Kampala, Uganda | RONALD MUSOKE | Final agreements to kick-start production of oil in Uganda have taken over 10 years of bickering and anxious negotiation. But when they were finally signed on April 11, many watchers said they were unsure …
Read More »Mabirizi demands signed oil agreements made public
Kampala, Uganda | THE INDEPENDENT | Lawyer Hassan Male Mabirizi has given the Ministry of Energy and Mineral Development 21 days to make public the agreements that were signed on Sunday, between the government of Uganda and Tanzania. Mabirizi threatens legal action if the Permanent Secretary does not comply with …
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