Kampala, Uganda | THE INDEPENDENT | New companies intending to invest in the exploration of Uganda’s oil and gas industry starting next year, have embarked on the tour of the oil fields that the government has put up on the market. The four companies shortlisted for the final round of the …
Read More »New partnership to boost farmers capacity to supply oil and gas sector
Kampala, Uganda | THE INDEPENDENT | Stanbic business incubator, an entity that provides business development services for Micro, Small and Medium Enterprises (MSMEs), has entered into an arrangement to boost the capacity of farmers in the Bunyoro region to adequately supply food in the oil and gas sector. This will form part …
Read More »Tilenga project industrial area groundwork commences
Kampala, Uganda | THE INDEPENDENT | French oil company Total has commenced work on its Tilenga project industrial area in Kasenyi, Buliisa district where it plans to build its central processing facility. Total contracted Mota Engil Uganda, a subsidiary of Portugal-based construction group Mota-Engil, to handle the initial works that include bush …
Read More »Tanzanian President Suluhu due in Uganda to sign oil deals
Kampala, Uganda | THE INDEPENDENT | The long wait for Uganda’s Final Investment Decision (FDI) for oil and gas could come to an end this Sunday, following talks between government officials and industry leaders from Uganda and Tanzania. Tanzania’s new president Samia Hassan Suluhu is due in the country for …
Read More »Lack of certified skills to deny Ugandans jobs in oil and gas industry
Kampala, Uganda | THE INDEPENDENT | With the governments of Uganda and Tanzania ready with oil companies to sign the Final Investment Decision (FID) for the development of the oil fields and the proposed East African Crude Oil Pipeline (EACOP), experts have warned that Ugandans might miss out on employment opportunities. …
Read More »Uganda’s oil and gas sector mourns President Magufuli
Kampala, Uganda | THE INDEPENDENT | Uganda’s oil and gas industry is mourning the passing of Tanzania President John Pombe Magufuli, which was announced on Wednesday night. Magufuli has been instrumental in the East African Crude Oil Pipeline Project and had said construction should start this month of March. Uganda and …
Read More »Buliisa leaders, residents demand skilling centre for oil jobs
Kampala, Uganda | THE INDEPENDENT | Residents and leaders in the oil-rich Buliisa district are demanding for the establishment of a Vocational Training Institute to enable them to acquire knowledge and skills to work in the oil and gas industry. Both leaders and locals in the district say that although the …
Read More »Tullow completes $575 million sale of Uganda assets to Total
Kampala, Uganda | THE INDEPENDENT | Tullow Oil says it has completed the sale of its assets in Uganda to Total at a sum of $500 million. The sale according to a statement by the Irish oil company was concluded earlier today from Total following receipt of payment. Tullow says it …
Read More »Oil refinery project affected persons seek vocational training
Kampala, Uganda | THE INDEPENDENT | People who were relocated by the government to pave way for the construction of an oil refinery in the 13 villages of Kabaale Parish in Hoima district are demanding vocational training to enable them to work in the oil and gas industry. More than 7,000 …
Read More »How Uganda lost out in lucrative Tullow oil deal
NEWS ANALYSIS | THE INDEPENDENT | Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE. The long-drawn-out process of Tullow Oil exiting Uganda …
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