Tag Archives: oil and gas

However, stakeholders emphasize the need to tackle challenges in taxation, technology, and skills development to unlock the sector’s full potential Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas industry is reshaping the nation’s economy, presenting unparalleled opportunities for local businesses and individuals. However, stakeholders emphasize the need to tackle …

The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …

But the wait for ‘first oil’ lingers Kampala, Uganda | IAN KATUSIIME| At the annual Oil and Gas Convention held at Kampala Serena Hotel from April 17-18, it was the usual cheers and chest thumping from those at the forefront of Uganda’s petroleum sector; Ministry of Energy, the Big Oil companies, …

Limited skilled manpower, inadequate financing, extended payment cycles, and geopolitical tensions continue to impact the sector a head of oil production Kampala, Uganda | THE INDEPENDENT | Following the Final Investment Decision (FID) announcement in Feb, 2022, the Petroleum Authority of Uganda (PAU) has approved contracts worth US$7.16 billion in the …

Kampala, Uganda | THE INDEPENDENT | A total of 130 small and medium enterprise owners have been recently placed in a better position to win contracts along the proposed East African Crude Oil Pipeline (EACOP) after the completion of a capacity-building training program delivered by the Stanbic Business Incubator Limited (SBIL). …

Visiting transparency body says government should give citizens more information Kampala, Uganda | RONALD MUSOKE | Representatives of civil society organisations working in Uganda’s extractives sector (oil, gas and mining) want money and more freedom to check on the government’s pledge to be transparent and accountable to Ugandans. That is what …

Uganda is setting up numerous infrastructure projects including pipeline, oil processing facilities and airport among others for its nascent oil and gas resources ahead of production Kampala, Uganda | THE INDEPENDENT | MTN Uganda is positioning itself to harness the opportunities presented by the oil and gas sector with substantial investments …

Kampala, Uganda | THE INDEPENDENT | Panyu Chu Kong (PCK) Steel Pipe Co., Ltd, the company contracted to supply line pipes to the S$4bn East Africa Crude Oil pipeline (EACOP) has said the first batch of 100 kilometres of pipes is completed and in the process of being delivered to the …

Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum has registered success for its annual 90 Days of oil and Gas Media Campaign  the third edition that entered day 35 on Sept.4. UCMP runs this annual activity with the main purpose of sharing sector information for players to …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has established a partnership with the Ministry of Energy and Mineral Development to enhance social security compliance within energy, oil, and gas. The partnership is in line with the Fund’s new strategic approach that focuses on increasing social security coverage …