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Tag Archives: oil

Uganda signs Memorandum of Understanding with Oil firms

Uganda has moved another step closer to tapping its first oil by signing a memorandum of understanding[MOU] with all the oil companies currently involved in developing the country’s oil resources. The conclusion of the MOU which was signed on Feb.5 by the government and the Chinese National Oil Offshore Company …

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Battle for oil contracts

By Haggai Matsiko Total E&P’s Shs 3.9 bn industry survey revives debate on local content in the oil sector With local businesses crying foul over big oil contracts and jobs going to international companies and expatriates, oil companies are drawing strategies to improve their local content input. French oil giant …

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Oil sector boost

By Haggai Matsiko Uganda survives fatal precedent on US$404 m Heritage Oil case Uganda’s recent win in the US$404 million tax dispute against Heritage Oil and Gas Limited (HOGL) is critical not only because of the money involved but the precedent it sets for the country’s oil sector. By challenging …

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