Uganda on Course for First Oil in 2025 – PAU
The drilling of production wells for the Kingfisher and Tilenga oil production projects is continuing since the launch in January 2023. This is in preparation for the planned commencement of … Read More
Tag: Uganda National Oil Company
UGANDA: UNOC Signs Production Sharing Agreement, Awarded Exploration License
Uganda National Oil Company (UNOC) has acquired a petroleum exploration license for Kasuruban, an oil and gas block in Western Uganda. The Company has also signed a Production Sharing Agreement … Read More
Uganda Oil partners pledge not to harm the environment
Speaking at the Final Investment Decision (FID) Appreciation Awards hosted by the Uganda Investment Authority (UIA), Total EP Manager Mr. Phillipe Groueix said, “As a strategic goal, it is critical … Read More
UGANDA: Parliament Passes the Public Finance Management (Amendment) Bill, 2021
The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, … Read More
UGANDA: EACOP Bill to Pave Way for Final Investment Decision
Source: PAU Website The Passing of East Africa Crude Oil Pipeline (EACOP) (Special Provisions) Bill 2021, the enabling legislation to operationalise the agreements is a requirement for the International Oil … Read More
Albertine Refinery to Add $3B Annually to Uganda’s GDP
The Uganda National Oil Company (UNOC) has said studies have indicated a positive cost-benefit analysis for the Albertine Graben Refinery adding up to $3.3 billion annually to the country’s national … Read More
Uganda, Tanzania, Total Sign Final Agreements for the Lake Albert Resources Development Project
During a signing ceremony held yesterday in Entebbe, in the presence of Yoweri Museveni, President of the Republic of Uganda, Samia Suluhu Hassan, President of the United Republic of Tanzania, Patrick … Read More
East Africa: Total to Reach Albertine Basin FID Next Week
French major Total is said to be ready to announce the albertine basin final investment decision this Sunday according to a source not named by Bloomberg. Citing an unnamed source … Read More
Uganda Cooperative Alliance Signs MOU with Stanbic Bank Incubator
The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More
Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID)
By Thomas Hedley, Field Editor, Africa Oil & Power Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power webinar yesterday … Read More