UGANDA: Kingfisher Project Drilling Launched
The Kingfisher oil field is about 15kms long and 3kms wide and is about 2kms below Lake Albert. It is estimated to have a total of 560M barrels of crude … Read More
Tag: UNOC
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: UNOC, DGR Energy Granted Exploration License for Kasuruban, Turaco Blocks
Uganda’s Cabinet in its sitting of 9th January 2023 has approved the signing of Production Sharing Agreements (PSAs) and issuance of an Exploration license to UNOC for the Kasuruban block … Read More
UGANDA: Seven Recommendations After the Final Investment Decision
Source: Natural Resource Governance Institute On Tuesday 1 February 2022, the project’s joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC) and Uganda National Oil Company (UNOC), announced that … Read More
Uganda/ Tanzania: Launch of the $10 Billion Lake Albert Resources Development Project
During a ceremony held in Kampala, in the presence of Yoweri Museveni, President of the Republic of Uganda, Philip Mpango, Vice-President of the United Republic of Tanzania, Patrick Pouyanné, Chairman … Read More
Uganda JV to announce EACOP, Kingfisher & Tilenga Projects Final Investment Decision
The joint venture partners in Uganda’s Tilenga and East Africa Crude Oil Projects Total Energies, CNOOC and state-owned UNOC are expected to announce reaching the final investment decision tomorrow two … Read More
Uganda: Refill oil Reserves to Curb Fuel Prices, MPs Demand Gov’t
Members of Parliament have quizzed officials from the Ministry of Finance, Planning and Economic Development over the skyrocketing fuel prices in the country. The MPs on the Committee of Finance … 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
UGANDA/TANZANIA: EACOP to be Constructed at Rate of 100km Monthly Consuming 5.6M Manhours
The 1443km East Africa Crude Oil Pipeline (EACOP) will be constructed at a rate of 100 kilometers monthly for a period of 16 months according to EACOP General manager Martin … Read More