London, UK | THE INDEPENDENT | Tullow Oil says it expects a sh264 billion “earnout” from TotalEnergies after a Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP) The Irish-founded company said in a statement on Wednesday that the FID taken by Total …
Read More »Gas is fast becoming the new oil
With oil and gas production declines presenting newfound challenges for Africa, stakeholders are pushing for enhanced exploration to help mitigate this trend. Despite global calls to transition to renewable energy sources, Africa still needs its oil and gas reserves if it is to meet its development goals and make energy …
Read More »Give UNOC Sh914 billion, Auditor General
Hoima, Uganda | THE INDEPENDENT | The Auditor General John Muwanga has urged adequate capitalization of the Uganda National Oil Company (UNOC) and its subsidiary companies to enable government commercial participation in the strategic oil and gas sector. According to Muwanga’s new audit report for financial year 2020/2021, a total …
Read More »IN THE INDEPENDENT: The $10billion Uganda oil project
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY TotalEnergies, CNOOC sign off US$10bn Uganda oil project: First oil expected in 2025 THE LAST WORD America’s reckless bullying: How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with …
Read More »Fire incident at Vivo Energy Uganda
Kampala, Uganda | THE INDEPENDENT | Several people are reported to be injured after a fire at Vivo Energy fuel depot at the Shell Depot on 7th Street in the Industrial area, Kampala. The fire was quickly put off. Police confirmed their station at Kabalagala registered a fire outbreak …
Read More »HISTORIC: Final decision on $10bn Uganda oil project
Kampala, Uganda | THE INDEPENDENT & URN | The joint venture partners in Uganda’s Oil and Gas sector have made the Final Investment Decision (FID) today. “The milestone marks a firm commitment from the IOCs to proceed with Uganda’s oil and gas projects and launches the major construction works,” Energy …
Read More »It is back to normal at Kenya border, but fuel prices unchanged
Busia, Uganda | THE INDEPENDENT | The traffic situation at the Busia border post on the Uganda-Kenya border has now normalized, while the backlog at the Malaba post is due to be cleared by the end of this week, according to Uganda Revenue Authority (URA). This follows more than two …
Read More »Kaahwa threatens to evict thousands in Buliisa
Butiaba, Uganda | THE INDEPENDENT | More than 1,000 families in two villages in Butiaba Town council in Buliisa district are living in fear of being evicted forcefully from their ancestral land. The affected families are from Watembo and Boma villages in Butiaba town council. The scared residents are facing …
Read More »GCC Services wins camp contract for major Uganda Oil Project
Agility unit will provide upstream camp support for Total Energies’ Tilenga project Dubai, United Arab Emirates | THE INDEPENDENT | GCC Services, a leader in integrated remote site services, has been selected by international engineering and construction giant McDermott to provide camp services for the Tilenga Project Upstream Facilities in …
Read More »Oil City Hoima unhappy as fuel prices hit sh10,000
Hoima, Uganda | THE INDEPENDENT | Residents in Hoima are feeling the pinch of skyrocketing fuel prices. Fuel supply in the country has been affected by a strike at the Kenya-Uganda border, at which truck drivers protested the high charges for COVID-19 tests. Prime Minister Robinah Nabbanja reassured the country …
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