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Oil & Gas

Uganda's Oil Production Timeline: What to Expect in 2026 and Beyond

With the long-awaited Final Investment Decision behind us, Uganda's oil sector is entering a critical phase of infrastructure development.

Jane Atim Jane Atim · Jun 18, 2026 · 1 min read
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Oil & Gas Jan 16, 2022

Oil Contracts: Value Created Not Owner’s Nationality Defines a Ugandan Company

When evaluating national content compliance during contracting in the oil and gas sector, the value created in the economy rather than the nationality of the directors, will determine whether a company qualifies to be called a Ugandan entity, according to Earnest Rubondo, the Executive Director, Pet…

Deep Earth Admin Deep Earth Admin
3 min read 0
Oil & Gas Jan 16, 2022

Are you a Ugandan Company for Oil and Gas Purposes?

By Denis Kakembo The procurement of goods and services for the development phase of Uganda’s oil and gas project is currently underway. Several major contracts have been awarded some conditionally subject to further enhancement of the contractors’ national content commitments amongst other considera…

Deep Earth Admin Deep Earth Admin
9 min read 0
Oil & Gas Jan 12, 2022

$3 billion to be invested in Uganda’s oil sector in 2022

In what will be the biggest spend in the history of Uganda’s oil industry, and indeed in any other sector, in a calendar year, up to $3 billion worth of contracts are to be won this year as the country races towards achieving First Oil by early 2025. The revelation, made by Ernest Rubondo, the Execu…

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2 min read 0
Mining Jan 11, 2022

Dubai To Stick To Strict Global Gold Standards

The United Arab Emirates (UAE) is “committed to embedding the very highest international gold standards” according to a statement from its minister of state for foreign trade, Thani Al Zeyoudi. In the statement to Bloomberg News, which the news outlet quoted in a story on its website in December 202…

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4 min read 0
Oil & Gas Dec 22, 2021

Why UNOC Will Spend At Source

DEI – The Uganda National Oil Company (UNOC) will be allowed to retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. The amendment of the Public Finance Management Act, 2015, followed concerns that the law…

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3 min read 0
Electricity Dec 20, 2021

Subsidies Return As ERA Announces New Electricity Tariffs

DEI – Nearly 10 years after Uganda scrapped electricity subsidies for consumers, the government has reintroduced a small window for such financial relief, with the beneficiaries being only two industrial parks. Ruth Nankabirwa, the Minister for Energy and Mineral Development, said last week that gov…

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3 min read 0
Mining Dec 20, 2021

UAE to Audit All Gold Refineries After Facing Sourcing Criticism

Bloomberg – Gold refineries across the United Arab Emirates will be required to carry out audits that prove bullion deliveries are responsibly sourced, according to the country’s Economy Ministry. The auditing process will follow the Organization for Economic Co-operation and Development’s guideline…

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2 min read 0
Oil & Gas Nov 17, 2021

Stanbic Oil Summit Will Unlock Business Opportunities for East Africa SMEs

By Tony Otoa There are business opportunities worth $15 – $20 billion in Uganda’s oil and gas sector. Given that Small and Medium Enterprises (SMEs) account for more than 70% of the entire private sector and employ over 2 million Ugandans, according to the Uganda Investment Authority, their take fro…

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5 min read 0
Oil & Gas Nov 17, 2021

Stanbic Targets SMEs at EA Oil Summit

The East African SME Oil & Gas Conference starts today, Thursday, November 18, 2021 and ends tomorrow in Kampala, under the theme: ‘Exploring opportunities for SMEs in the Oil and Gas sector’. Organized by Stanbic Uganda Holdings in conjunction with the Uganda National Oil Company (UNOC), the Petrol…

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2 min read 0