OIL & GAS As Uganda moves ever closer to the magic year of oil production — 2021, Dozith Abeinomugisha, the director for exploration at the Petroleum Authority of Uganda, has warned that the country cannot afford to make mistakes because of the limited nature of the resource. “We do not have the reserves that many
Over 585 kilometers of roads in the oil regions have been earmarked for upgrading by government in the next 3 years. According to the National Infrastructure Development Programme by the Uganda National Roads (UNRA) presented recently during the 5TH Certified Public Accountants Forum. It was organised by Institute of Certified Public Accountants of Uganda (ICPAU)
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 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 new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the International Monetary Fund’s country chief says. According to Reuters, IMF Mission Chief for Uganda Axel Schimmelpfennig writes in a blog post that the country also needs some strategic infrastructure investment and better
Britain is to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health. According to the guardian, commitment, which follows a similar pledge in France, is part of the government’s much-anticipated clean air plan, which has been at the
WORKERS in the Petroleum industry will get a boast in skills training to enable them handle emerging tasks of the oil sector. According to officials from the Ministry of Energy and Mineral Resource working together with their counterparts in the Education Ministry, Government plans to train 4,000 technicians to work in the gas and petroleum
Government together with the Petroleum Companies; Total E & P Uganda and Tullow Uganda Operations Pty Limited, have completed an assessment of all the project affected persons (PAPS) and communicated the cut-off date for the industrial area under the resettle action plan 1 (RAP 1) for Tilenga project. According to a joint statement from the
The Uganda Chamber of Mines and Petroleum (UCMP) has elected new board members. In elections that took place last week, UCMP members re-elected Dr.Elly Karuhanga as the board chairman, while new entrant, Dr Josephine Wapakabulo, CEO, Uganda National Oil Company (UNOC ) joined the Chamber as special advisor. Karuhanga is the founding chairman of the
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