The oil company is now shifting focus to the upcoming infrastructure developments that are critical for the eventual extraction and processing of oil Kampala, Uganda | THE INDEPENDENT | CNOOC Uganda Limited, a key player in Uganda’s burgeoning oil sector and the operator of the Kingfisher oil field in the Albertine …
Read More »Cabinet approves two oil exploration licenses in Albertine
Kampala, Uganda | THE INDEPENDENT | The Cabinet has finally given green light to the energy ministry to grant exploration licenses and sign production sharing agreements (PSA) for two oil exploration blocks in the Albertine Graben. According to the minister of state for National Guidance, Godfrey Kabbyanga a cabinet meeting held …
Read More »Ugandan companies earned UGX 3.5 Trillion in exploration phase of oil and gas
Kampala, Uganda | THE INDEPENDENT | Ugandan companies earned a total of USD 943m (3.5 trillion shillings) in the exploration stage, the first phase of the oil and gas activities, the government has said. Ernst Rubondo, the executive director of the Petroleum Authority of Uganda (PAU) said the companies that …
Read More »New licensing round for oil exploration in 2019
Kampala, Uganda | THE INDEPENDENT | A new exploration window for oil exploration in the Lake Albert Basin will be in 2019. The Permanent Secretary in the Ministry of Energy and Mineral Development, Robert Kasande, revealed this at the 4th Oil and Gas Convention ongoing in Kampala. Giving an update on …
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