Uganda signed an agreement with an international consortium of energy industry investors to build a long-delayed oil refinery, according to an official statement. The consortium — a partnership of four Italian and Mauritian companies including Nuovo Pignone International owned by US-giant General Electric — agreed to build and operate the refinery near Hoima on the
Magufuli calls for speedy implementation of Tanzania-Uganda oil pipeline project
Magufuli said this while on a three-day state visit to Uganda Tanzanian President John Magufuli on Thursday called for a speedy execution of the 1,445-kilometer East African Crude Oil Pipeline (EACOP) project running from Hoima, in mid-western Uganda to Tanzania’s Indian Ocean port of Tanga. Addressing a public rally in Ruzingwa Village in Uganda, Magufuli
Uganda and Equatorial Guinea agree on action for the development of the oil and gas industry
Uganda and Equatorial Guinea have agreed on an action plan for implementing a Memorandum of Understanding on Cooperation in the field of oil and gas. This was during President Yoweri Museveni’s four-day state visit to the country that has ended today. According to a joint communiqué by the president Museveni and his host H.E Teodre
UK Tullow Oil Uganda’s partner in oil and gas exploration firm spreads its wings to Zambia territory
UK firm Tullow Oil one of Uganda’s major oil and gas exploration firms has launched its oil exploration into Zambian territory as the country pushes to diversify its economy and reduce its reliance on the industrial metal. Apart from Uganda’s Oil and Gas exploration, Tullow Oil is undertaking similar projects in other countries such as
Uganda agrees terms with consortium for construction of oil refinery
The Uganda Government said on Monday it had agreed preliminary terms with a consortium of investors including to build and operate the country’s first oil refinery, reviving a much-delayed project. Authorities said a thorough review process of over 40 companies that expressed interest to developed the much anticipated oil refinery, the Government had agreed with
Hoima-Tanga crude oil pipeline ground breaking set for this weekend
President Yoweri Kaguta Museveni and his Tanzania counterpart, John Pombe Magufuli , are expected to launch the construction of the multi-billion Hoima-Tanga crude oil pipeline this saturday, diplomatic officials have revealed. According to The New Vision, the 11,445km oil pipieline from Hoima district in western Uganda to the Tanzania Port of Tanga, which will be
‘Ugandans not prepared for oil opportunities’
Workshops have been held to this effect, papers have been presented, but it seems very little headway is being made on the ground, if we are to go by the sentiments of Stan McBride, the Environment Manager of the East Africa Crude Oil Pipeline project. How can Ugandans position themselves to benefit from the opportunities
Boko Haram takes 10 NNPC staff hostage on an oil exploration mission
The where abouts of 10 Nigerian National Petroleum Corporation (NNPC) staff is uncertain after gunmen believed to be Boko Haram Islamists yesterday Wednesday July 26, 2017 kidnapped them while they were on an oil exploration team in northeast Nigeria, colleagues and the state-run oil firm said. “About 10 staff from the survey and geological department
Tullow Oil announces 2017 half year results
Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, which is also one of the leading companies on the exploration of Uganda’s oil sector, has today announced its results for the six months ended 30 June 2017. According to Paul Mcdade, the Chief Executive Officer, “Despite the continued challenging market conditions,
Uganda’s 2017 National Suppliers’ Oil and Gas Database unveiled
Uganda’s oil and gas industry has last week got a boost by unveiling the first ever National Suppliers Database of more than 290 approved firms to supply goods and services. According to the Independent Newspaper, The companies can now be accessed on the Petroleum Authority of Uganda’s website www.pau.go.ug. The move is in fulfillment of