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Tag Archives: oil

First Oil 2025: Kabaale airport takes shape

➡️ 3.5 kilometers runway ➡️ Long enough for: ✅Boeing 777 ✅Antonov 124 Hoima, Uganda | THE INDEPENDENT | Construction of the Hoima-based Kabaale International Airport will be completed in 16 months from now. The contractor-SBC and Uganda Refinery Holding Company say slightly above 30 percent of the work is yet …

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CNOOC still consulting before decision on Lake Albert FID

Hoima, Uganda | THE INDEPENDENT | Uganda’s Lake Albert oil project may not receive a final investment decision (FID) from China National Offshore Oil Corporation as early as earlier anticipated. Its joint Venture Partner, Totalenergies has started developing the site for the Tilenga project. CNOOC has not awarded any contract …

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UPDF to beef up security for Albertine Oil and Gas

Hoima, Uganda | THE INDEPENDENT | Chief of Defense Forces, General Wilson Mbadi says the UPDF will ensure that Uganda’s oil resources in the Albertine are secured. General Mbadi in an interview says while the army is already on the ground to secure oil and gas installations, extra measures will …

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Oil firm CNOOC rewards Hoima district’s best students

  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 …

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Chinese delay FID on Lake Albert oil projects

Hoima, Uganda | THE INDEPENDENT | Totalenergies Uganda Deputy Gereral Manager, Mariam Nampeera Mbowa .says its Joint Venture partner CNOOC is holding the announcement of the Final Investment Decision on the Lake Albert Oil Development project. “I can confirm that the board of Total took FID on the Ugandan project …

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Absa: Economy is struggling but outlook is positive

Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …

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