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 »Total E&P to focus on final investment decision negotiations
Kampala, Uganda | THE INDEPENDENT | Oil company Total E&P will now focus on negotiations with government to ensure that the Final Investment Decision (FID) is made. The FID is the point at which everything is in place for a project to go ahead. It’s the project execution phase begins and …
Read More »Total E&P suspends all activities on Ugandan pipeline
Kampala, Uganda | THE INDEPENDENT | French oil major Total E&P Uganda has suspended all activities, including tenders on the East Africa Crude Pipeline (EACOP), sending shivers among the participants in the Uganda oil industry. The suspension follows the collapse of the Tullow sale deal where Total and China National Offshore …
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 »CNOOC faces Hoima residents
The oil and gas sector continues to interest different players hoping to make some money out of it. Kampala, Uganda | JULIUS BUSINGE | At one of the events organised by the Petroleum Authority of Uganda and National Environment Management Authority, a big crowd of 8, 000 people attended to …
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 »Albertine oil prospects mingle with water concerns
Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …
Read More »Oil spill: How prepared is Uganda and the oil companies?
Kampala, Uganda | THE INDEPENDENT | The fear oil spill disasters is one of the risks of concern as the country prepares for commercial oil production. It is feared by environment groups and scientists that the oil spill could wipe out tourism and fishing industries and wildlife habitats in the entire …
Read More »Oil companies faulted for not employing native Banyoro
Kampala, Uganda | THE INDEPENDENT | Oil companies operating in the Albertine region have been faulted for not employing the natives from the region. Speaking during the second and last Public hearing for the Kingfisher Environmental and social impact Assessment-ESIA report for the proposed oil development projects on Friday at …
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