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
Makerere, University of Dodoma Partner to Offer Master’s degree program in Oil governance
Makerere University and Tanzanian University of Dodoma partnered into a joint East African Master’s degree program in petroleum governance. The program initiated by the Makerere University is set to commence in next academic year according to Tanzania’s Daily News Newspaper at UDOM. The Newspaper reported that the Dean of Biological Sciences at UDOM, Professor Julius
Uganda Oil Refinery Project Teeters as Alternative Bidder Turns down Invitation to Renegotiate
Uganda’s Multi-billion dollar refinery project has hit another huddle after South Korean consortium, SK Engineering turned down the offer to return to the negotiation table. SK was Uganda’s next alternative after the preferred consortium led by Russian firm RT Global (Leader) pulled out at negotiation in July 2016. It is not yet clear why the Russian Defense
Uganda Considering Second Exploration Licensing Round for ‘Ignored’ Oil blocks—Papers
Uganda government is considering a fresh licensing round for three oil blocks in the Albertine Graben that were not taken up during the first licencing round, Daily Monitor newspaper has reported. One of the blocks measuring about 344 Km2 Mvule block, according to the ministry’s spokesperson Ibrahim Kasita, received only one bid from US-based Glint