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Tag Archives: Tilenga

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 …

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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 …

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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 …

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Chief Govt valuer should prioritize compensation for oil, gas projects

COMMENT | Joseph Mukasa Ngubwagye |  Projects in the oil and gas sector require, among other things, land for temporary and permanent infrastructure and installations. This land acquisition is achieved through Resettlement Action Plans (RAPs) which seek to specify all resettlement arrangements and measures for avoiding, minimizing or compensating losses or …

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