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Tag Archives: ICOGU

Insurance Consortium fuels Uganda’s oil sector

The oil and gas industry is inherently high-risk, involving massive investments, operational hazards, and environmental concerns.   Kampala, Uganda | JULIUS BUSINGE | The Insurance Consortium for Oil and Gas Uganda (ICOGU) has emerged as a critical player in Uganda’s rapidly evolving energy sector, providing tailored insurance solutions to address the …

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Ugandan insurers make inroads in the oil and gas sector

Bulisa, Uganda | THE INDEPENDENT | Ugandan insurers are slowly making inroads in taking up risks in the oil and gas sector despite the challenge. By the end of 2023, Ugandan insurers were operating in the Tilenga, Kingfisher, and East African Crude Oil pipeline projects though there was an indication of …

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EACOP is locally insured: IRA boss

Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline secured lead insurers within the country with the approval of the Insurance Regulatory Authority-IRA. The IRA Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega told journalists in Kampala that the insurance question around the project was already resolved. While there have …

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