Democratic Republic of Congo (DRC) sent a delegation to Tanzania to negotiate a joint oil exploration deal in lake Tanganyika and also lobby its entry into the Uganda-Tanzania oil pipeline project. Local media in Tanzania reported that the Congolese delegation is led by oil minister, Aime Mgoi Mukena Lusaduese and has held talks with senior
Energy Minister Irene Muloni Says Total Has Accepted to buy 10% Stake in Uganda Oil Refinery
French oil giant Total SA, one of the leading players in Uganda’s oil fields, agreed to take a 10 percent stake the proposed oil refinery project, Energy Minister Irene Muloni said. Negotiations with a group of investors led by RT GlobalResources LLC, a unit of Rostec State Corp. of Russia, on the construction of the
Uganda, Tanzania Agree on Technical and Fiscal Framework of the Joint Pipeline Project
Energy officials from Uganda and Tanzania agreed on the technical and fiscal work plan in fast-tracking of the joint crude oil export pipeline project. The Joint Pipeline Development Committee (JPDC) and project steering committee from both countries met to in Tanzania to haggle and strike a common position on the project schedule and workout modalities
Here’s Why Uganda Should Learn from Nigeria’s oil, gas experiences
By James Karama… A few months ago, I was honoured to be part of a delegation that visited Nigeria on an oil and gas local content study tour, the group was drawn from both the public and private sector. The trip was funded by the World Bank – Uganda office. We visited 11 institutions, including:
New Report by Business Research Firm Gives Fresh Perspective on Uganda’s Oil Sector
Global Business research firm, Research and Markets announced an addition to its report on the future and the business beauty of Uganda’s oil sector. Titled “The Future of Uganda Oil Markets, Investments, Projects and Companies to 2025- Exploration, Oil Production, Oil and Product Pipelines, Storage, Refineries and Supply Demand”, the report identifies key trends and drivers of Uganda
Kenya to Begin exploration of Prospective Oil and gas blocks in Lamu in March 2017
Prospective Oil and gas blocks eyed in Kenya’s Lamu, Northeast of the coastal city of Mombasa are expected to be explored in March next year. Geophysical surveys done by Zarara Oil and Gas Company in 2013 through a 400 kilometers stretch in Lamu East confirmed that the area had oil and gas. The surveys were
Tanzania to Put up $200 million Gas Facility for Large-scale industries and Households
A Tanzanian official says the nation is working to put up a 150-200 million US dollars mega plant to facilitate the transportation of the natural gas to large-scale industries and households. The Tanzania Petroleum Development Corporation (TPDC) Acting Managing Director, Engineer Kapuulya Musomba, said that the regions which will benefit from the new project include
Uganda National Oil Company Receives International Recognition
The newly established Uganda National Oil Company received an international recognition at International Oil and Gas summit in South Africa. The company’s Chief Executive officer Josephine Wapakabulo said “UNOC has a very specific mandate and role to play in the setup, growth and development of the Ugandan oil industry. Winning this award indicates we are
Tullow Oil to Contract Truck Companies to Transport Oil from Kenyan Fields to Port Mombasa
Tullow Oil Plc’s Kenyan unit said it’s seeking trucking companies to transport crude from northwestern fields to the port city of Mombasa as the East African nation rushes to export its first oil by mid-2017. The work will involve the trucking of crude in insulated containers from a production facility near Lokichar, Turkana county, to
Tanzanian Oil Firm Swala seeks $120 Million after acquiring Block in Burundi
Swala Oil and Gas Tanzania is seeking to raise $120 million to finance material transaction after recently acquiring an exploration block in Burundi. The Dar es Salaam Stock Exchange-listed company announced last month that it acquired Surestream Petroleum (Burundi) Limited which had a 100 per cent working interest that covers portions of the northern end