Oil & Gas

April 7, 2022

UNOC Tips Ugandan SMEs On Oil Industry Opportunities

Understanding the legal implications of contracts, investing in compliance and acquiring the right certification, are some of the things that will help a Ugandan company land a contract in the oil and gas industry. Those were some of the tips shared by Proscovia Nabbanja, the CEO, Uganda National Oi…

Deep Earth Admin

3 min read

April 1, 2022

UNOC, CNOOC Affirm Exploration Partnership

The Uganda National Oil Company has signed a joint application agreement (JAA) with CNOOC Uganda for the Pelican-Crane block in the Albertine Graben that is expected to culminate into an exploratory license. The JAA signing at the CNOOC head office in Kampala is a continuation of a partnership that …

Deep Earth Admin

2 min read

March 26, 2022

Uganda Launches Oil Spill Prevention, Preparedness And Response Plan

The primary responsibility for oil spill prevention, preparedness and response in Uganda’s nascent oil industry will rest with the licensees and operators. As such, following an oil spill incident, the licensee, operator or other person responsible for the oil spill will be required to immediately a…

Deep Earth Admin

3 min read

March 22, 2022

Oil prices jump again as EU considers Russian oil ban

Reuters – Oil prices jumped more than $3 on Monday, March 21, 2022, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities. Brent crude futures were up $3.40, or 3.2%, a…

Deep Earth Admin

2 min read

March 17, 2022

Why Uganda Has No Fuel Reserves In Jinja

Established in the 1970s as a strategic reserve, to enhance security of petroleum supply in Uganda, the Jinja Storage Terminal (JST) does not have the capacity to sustain the country’s petroleum needs beyond a week. Besides,  the government has no plans  to restart operations there for now, accordin…

Deep Earth Admin

4 min read

February 14, 2022

Uganda refinery project boosted by pipeline FID

Uganda’s refinery project has been boosted by the recent final investment decision (FID) for the upstream projects of the crude oil pipeline plus the Tilenga and Kingfisher oil fields. Ruth Nankabirwa, the Minister of Energy and Mineral Development, met executives from the Albertine Graben Refinery …

Deep Earth Admin

3 min read

February 13, 2022

Excel Construction Starts Site Development Works At CNOOC’s Kingfisher Oil Fields

Excel Construction has commenced site clearance works at CNOOC Uganda’s Kingfisher oil fields before it begins constructing well pads, access roads and water intake points, in preparation for production of the oil and gas resources. Excel aims to have completed the works by the end of 2022. CNOOC Ug…

Deep Earth Admin

2 min read

February 12, 2022

Study To Determine Agriculture, Housing Opportunities In Uganda’s Oil Industry Launched

DEI – A consortium of five organizations led by the Petroleum Authority of Uganda (PAU) has embarked on a study to define the various business opportunities the oil and gas industry is likely to open up for the agriculture and housing sectors. Makerere University’s Economic Policy Research Centre (E…

Deep Earth Admin

2 min read

February 5, 2022

What EACOP Bill Means For Uganda’s Oil Prospects

The long-awaited Financial Investment Decision for Uganda’s oil industry will be announced today, sparking off a series of heavy investments in the sector. The oil project will be governed by a strict legal regime, which also shapes how Ugandans will benefit from the oil industry. Jeff Mbanga looked…

Deep Earth Admin

11 min read

February 1, 2022

FID Kicks Off Vital Oil Investments

The taking of the final investment decision (FID) by the oil companies of TotalEnergies, CNOOC and Uganda National Oil Company (UNOC) on February 1, 2022 has officially marked the beginning of the detailed Engineering, Procurement and Construction (EPC) phase by the Joint Venture Partners that will …

Deep Earth Admin

2 min read

January 30, 2022

Stanbic Business Incubator Wants More Ugandans In Oil Sector

Ugandans have been advised to quickly prepare themselves for the imminent opportunities in the oil and gas sector now that the Final Investment Decision (FID) is set to be officially announced, come February 1, 2022. Speaking on a Twitter Spaces this week, Tony Otoa, the Chief Executive, Stanbic Bus…

Deep Earth Admin

3 min read

January 28, 2022

PAU To Train SMEs Along EACOP Route

DEI – The Petroleum Authority of Uganda (PAU) has launched a programme to train small and medium enterprises (SMEs) located in the 10 Ugandan districts where the East African Crude Oil Pipeline (EACOP) will pass. The authority is looking at preparing the businesses to take advantage of the opportuni…

Deep Earth Admin

2 min read