Uganda to Hold London Road Show to Promote First licensing Round

The Minister for Energy and Mineral Development Hon. Eng. Irene Muloni has said Uganda will be holding a licensing round road show which will be held at the Montcalm Shoreditch London Tech City Hotel on 17th June 2015.

The road show is to promote the first competitive bidding round which has opened up six blocks in the Albertine Graben for licensing.

Following the issuance of a Request for Qualification (RFQ) inviting interested firms and/or consortia to submit Statements of Qualifications, the Ministry has continued to encourage more firms to participate in the upcoming licensing round.

The six blocks on offer are; Ngassa (410 Km2) in Hoima District, Taitai & Karuka (565 Km2) in Buliisa District, Ngaji (895 Km2), Rukungiri & Kanungu Districts, Mvule (344 Km2) in Moyo and Yumbe Districts together with Turaco (425 Km2) and Kanywantaba (344 Km2) in Ntoroko District.

These blocks have both seismic and well data which were acquired by oil companies previously licensed in these areas. Stratigraphic Licensing will be applicable to some of these blocks.

Uganda’s first licensing round is guided by the National Oil and Gas Policy for Uganda (2008) and the Petroleum (Exploration, Development and Production) Act 2013.

Just last month the government extended the deadline for Submission of Applications for Qualification for Uganda’s First Petroleum Licensing Round in a bid to encourage more applications.

Besides participation in London the Government of Uganda is also planning to participate at the Global Petroleum Show 2015; 9th to 11th June, 2015; Stampede Park – Big 4 Building; Calgary, Alberta, Canada.

Earlier the ministry had also included American Association of Petroleum Geologists (AAPG) Annual Convention and Exhibition, 2015 and The 12th  Africa Independents Forum 2015; 26th to 27th May, 2015; Adelphi Suites, The Waldorf Hilton, London United Kingdom as part of promotional events for the licensing round.