Beijing, China | THE INDEPENDENT | Key parts of a modern drilling rig customized by CNOOC International for Uganda’s Kingfisher oilfield, has left the port of Yantai in China for East Africa. The most advanced Chinese oil drilling equipment in the world was shipped to Uganda after a brief ceremony last …
Read More »Environment protection in Uganda’s oil and gas sector
Why the agenda of “environmental fashion” driven by some environmental activists should consider our uniqueness COMMENT | JOSEPH KOBUSHESHE | Following the announcement of the Final Investment Decision for Uganda’s flagship oil and gas projects, which are expected to deliver first oil in 2025, sections of the media have been …
Read More »Excel Construction to reap US$23.2m from oil deal
Kingfisher project is expected to produce at least 40,000 barrels of oil per day in the initial stages Kampala, Uganda | ISAAC KHISA | A local construction firm, Excel will earn US$23.2 million in building well pads, 2.5km fence, access roads and water intake points in the Kingfisher oil development …
Read More »TotalEnergies, CNOOC sign off $10bn Uganda oil project
First oil expected in 2025 Kampala, Uganda | RONALD MUSOKE | Finally, the international oil companies, TotalEnergies SE and the China National Offshore Oil Corporation (CNOOC) announced they are ready to produce oil in Uganda in a US$10 billion project. Reaching this point had taken a whopping 15 years of …
Read More »‘Refinery delay will not halt Uganda’s march to first oil’
The oil refinery, one of the four flagship projects needed to commercialize Uganda’s 1.4bn barrels of oil appears to be lagging behind but government technocrats say the project will not deter the country’s march towards first oil scheduled for 2025. Kampala, Uganda | RONALD MUSOKE | The refinery set to …
Read More »Debate over oil project emissions
Why environmentalists fear fumes but want the oil Kampala, Uganda | RONALD MUSOKE | Uganda’s contribution of carbon dioxide into the atmosphere—one of the gases that are infamous for the global climate change crisis—is at the moment insignificant. Uganda accounts for only 0.01% of the total global carbon emissions …
Read More »Oil and gas investments to total UGX 11 Trillion in 2022 – PAU
Kampala, Uganda | THE INDEPENDENT | Uganda is expected to attract investments worth 3 billion dollars (10.6 trillion shillings) this year in the oil and gas sector alone as developments towards production in 2025 proceed. According to the Petroleum Authority of Uganda, PAU, investments in the sector were worth 500 million …
Read More »How SMEs can tap into oil and gas as first oil nears
Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …
Read More »CNOOC grants FID for Uganda’s oil development
Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for the development of Uganda’s oil and gas projects in the Albertine. Energy and Mineral Development Minister, Ruth Nankabirwa stated that the Chinese confirmed that they have authorized an FID …
Read More »Oil curse or no curse: Life is changing in Hoima and Buliisa districts
Hoima, Uganda | THE INDEPENDENT | The discovery of oil in the Albertine graben is altering the socio-economic profile of a once-sleepy town of Hoima now dubbed as oil city. While the discovery of oil in Albertine has raised fear of a likely resource curse, some residents in Hoima and Buliisa …
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