Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that he is in touch with the executives of oil companies and will meet them soon to discuss the current impasse in the sector. Museveni, who was speaking at the 5th Oil and Gas Summit at Serena Hotel in Kampala …
Read More »Gov’t working to revive talks in collapsed oil companies’ deal
Kampala, Uganda | THE INDEPENDENT | The government of Uganda is working behind the scenes to revive talks in the collapsed oil companies’ deal. Minister of Finance, Matia Kasaija confirmed that government is pushing to see that oil companies go ahead to conclude their deal, a move that could breathe …
Read More »Crude oil pipeline to displace 400 households
Kampala, Uganda | THE INDEPENDENT | Construction of the East Africa Crude Oil Pipeline is projected to displace at least 400 households in nine districts of Uganda. The 1,445 Kilometers long pipeline will also economically affect a total of 3,000 households in Hoima, Kakumiro, Kyankwanzi, Mubende, Gomba, Sembabule, Lwengo, …
Read More »Oil and gas sector in another slowdown, jobs at stake
Kampala, Uganda | THE INDEPENDENT | The oil and gas sector should by now be employing thousands of Ugandans in the construction sector, but players in the industry say the sector has again slowed down. Players in the industry say most of their labour force and equipment are redundant …
Read More »Tullow considers selling all its assets in Uganda
Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …
Read More »Foreign direct investments rebound
As players in oil and gas sector registers more activity Kampala, Uganda | PATRICIA AKANKWATSA | Foreign direct investment into Uganda rebounded in 2018 owed to positive growth in the economy and the prospective investments in the oil and gas sector. Latest data from the Bank of Uganda shows that …
Read More »Understanding government, Tullow-Total firm down dispute
Kampala, Uganda | THE INDEPENDENT | An ongoing tax dispute between the Ugandan government and Tullow Oil has led to the postponement of the planned Final Investment Decision for the Albertine oil development project to the second half of 2019. The capital gains tax dispute from Tullow’s farm-down of its stake …
Read More »OIL & GAS: Uganda unveils 2017 National Suppliers’ Database
More than 290 firms approved to participate in Uganda oil industry this year Kampala, Uganda | RONALD MUSOKE | Uganda has unveiled its first National Suppliers Database with more than 290 firms approved to supply goods and services in the fledging oil and gas industry this year. The companies can …
Read More »PROFILE: Nana Kagga on chasing originality
Kaggale Nana Nabateregga Kagga is a film maker, actress alone, chemical engineer, mother of three, wife and daughter to Mwagale Nalongo Beatrice Kagga and Abdul Kagga from the royal lineage of King Kiggala of Buganda kingdom. Commonly known as Nana Kagga, she was born in Nairobi, Kenya. She comes from …
Read More »Tullow Oil trains Ugandans in production operations
By Julius Businge In preparation for the development and production phase, Tullow Oil has undertaken Production Training Programs for 10 talented Ugandans who will become the future experts in production operations in Uganda, the company said in a statement dated Feb.4 The ten Ugandans successfully completed courses in hydrocarbon production …
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