Oil firms including China’s Sinopec have expressed an interest in developing Uganda’s planned oil refinery and an investor for the project will be selected by February 2017, a top government official said. Uganda which discovered oil fields in 2006 but has yet to start production, began trying to secure a private investor for the project
Nigerian Oil Minister says Vandalism of Oil Pipelines is causing great environmental damage
Nigeria Minister of State for Petroleum Resources, Dr Ibe Kachikwu said the effects of security challenges in oil and gas sector had affected all sectors of the country’s economy. Kachikwu was speaking at the 17th International Health, Safety and Environment (HSE) Biennial Conference on the Oil and Gas Industry the capital Lagos. The theme of
Shell Invest $80 Million in Tanzania Coast drilling project
Royal Dutch Shell and its partners — Pavilion Energy and Ophir Energy — announced last week commencement of gas drilling off the coast of Tanzania in a $80 million investment project. The drilling will cover two wells in Block 1 and 4, located in the offshore Mafia deep basin and with each depths of up
Uganda Oil Industry still “Very Attractive” despite delays in midstream Infrastructure dev’t—Minister
Uganda Minister of Energy and Mineral Development (MEMD) Irene Muloni said the country’s oil sector is poised for a promising business destiny despite the current delays and setbacks in the midstream preparations. Speaking to a gathering of key industrial players including; potential investors, International Oil companies (IOCs), local players and officials from different associate institutions
Oil and the environment: Nigerian King carries Polluted water to London for Shell Oil spill case
King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Royal Dutch Shell — and on which he hopes a London court will deliver justice. “My people are drinking this water,” said the tribal king of the Ogale community
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Uganda aims at Issuing oil exploration licence before end of year
Uganda aims to sign deals by the year-end with the four oil exploration companies it had invited for talks in its first licensing round, a senior energy ministry official said on Wednesday. Those selected to negotiate production sharing agreements (PSAs) were Nigeria’s WalterSmithPetroman Oil Ltd, Oranto Petroleum International and Niger Delta Petroleum Resources, and Australia’s
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Oil Pipeline Update: Tanzania Approves Fiscal framework, Project nears Final Investment
Tanzania approved a series fiscal packages in relation to the Crude oil pipeline partnership with Uganda including; exemptions on transit fee, import tax, withholding tax and value added tax. Cabinet expects to table the approved proposals to the Tanzania National Assembly in January 2017 according to Daily News newspaper. The revelations were made by Tanzanian
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