Energy Minister, Irene Muloni talking to the media during the 1st Oil & Gas Summit in 2015
Uganda will next month on 27-28th September host the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017, in partnership with Total and CNOOC Limited as lead sponsors and co-hosts to the event respectively at the Hotel Serena, Kampala.
The country hosted a similar event in 2016 where President Yoweri K Museveni alongside Hon. Minister of Energy and Minerals Development of Uganda – Irene Muloni, and Director for Petroleum, Ministry of Energy and Mineral Development, Uganda – Dr Ernest Rubondo, UIOGS 2017 is held under the auspices of the Ministry of Energy and Mineral Development, Uganda with the support of the Uganda National Oil Company and Petroleum Authority Uganda.
According to a press release by the Ministry of Energy and Mineral Development, this year’s event is aimed at building on the success of its 2nd edition in 2016 which saw over 350 attendees.
“We expect that UIOGS 2017 will again demonstrate the importance of Uganda’s exciting oil and gas industry, discussing and debating the future of exploration and production in the region,” the statement reads.
The 2 day event will feature presentations from industry leaders and experts in their fields from all across the world.
Further underlining its growing international significance, UIOGS 2017 now has supporting partners from all over the globe including Ponticelli Uganda, Emerson Automation Solutions, Civtec Africa, Frontier Services Group, Fluor, Honeywell, Ogas and Shawcor – joining a total of more than 100 companies from across 20 different countries attracted to Uganda, as it moves further towards commercial production.
Speaking ahead of UIOGS 2017 and its growing international attention, Hon. Minister Irene Muloni explained: “Following the undoubted success of the last two summits in attracting international investors from around the world, UIOGS has become a major business platform for oil and gas in Uganda where all the decision makers for the region are united for three days’ high level discussions and networking.”
Energy Minister, Irene Muloni discuss with an official during the Summit
She added: “We have much to look forward to in 2017, as Uganda continues with preparations towards commercial oil production involving development of the refinery and crude export pipeline. At the 3rd UIOGS there will be many important issues to address so we call on all our partners and investors to actively participate.”
With over 21 oil and/or gas discoveries made to date, 87 oil wells drilled and 21 fields in existence, Uganda’s long-awaited development phase is now certainly in full flow and the country is now unquestionably one of the hottest prospects and most promising areas for exploration ROI on offer.
Event Director, Global Event Partners, Dan Grogan added: “With the recent commencement of work on the pipeline, further wells for the Buliisa and Nwoya district now open, the recent Front-End Engineering Design (FEED) study in place and a raft of further activity throughout the Albertine Graben, 2017 is certainly set to be a year of action for development and contracts for this exciting region. UIOGS 2017 will see all of the key players in the industry once again converging, and calling together all elements of the value chain, to discuss and debate these crucial next steps in the road map to production.”