{"id":2516,"date":"2015-02-12T13:05:41","date_gmt":"2015-02-12T13:05:41","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=2516"},"modified":"2015-02-20T15:03:04","modified_gmt":"2015-02-20T15:03:04","slug":"uganda-auction-six-oil-blocks","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-auction-six-oil-blocks\/","title":{"rendered":"Uganda to auction six more oil blocks"},"content":{"rendered":"

Uganda\u2019s cabinet has approved the auction of six new exploration blocks in the oil rich Albertine basin in what will see the country\u2019s first competitive bidding round.<\/p>\n

The new shift follows the passing of the Petroleum Exploration Development and Production Act 2013 Section 52 which allows the State Minister for Energy with the approval of Cabinet announce areas open for bidding for a petroleum exploration licence.<\/p>\n

Under Uganda\u2019s law the Minister shall, within fifteen days of approval by Cabinet under report to Parliament all areas open for bidding for a petroleum exploration licence with the announcement published in the Gazette and in newspapers of national and international circulation and in other electronic and print media thereafter.<\/p>\n

State Minister for Energy, Eng. Simon D\u2019ujanga informed parliament this week that the government would allow bidding in six blocks including Semiliki and Kanywataba blocks in Ntoroko District, Ngassa block in Hoima district, Taitai and Karuka block in Buliisa district, Mvule block in Yumbe and Moyo districts and Ngaji block in Kanungu and Rukungiri districts.<\/p>\n

Following the announcement and applications by interested exploration companies the Minister shall in consultation with the Authority, process all applications for exploration licence expeditiously and in any case not later than one hundred and eighty days after receipt of the application.<\/p>\n

The law allows interested parties to apply for not more than 10 blocks at any particular time meaning that one company may show interest in all the six blocks up for auction.<\/p>\n

Companies are awarded a block for a period not exceeding three years after which can receive license renewals\u00a0 for a subsequent period not exceeding two years with the maximum renewals pegged at two times.<\/p>\n

Where no applications are received despite invitations for bids being called out for three times the minister can however ask for direct applications.<\/p>\n

VIEW<\/a> STATUS OF LICENSING IN THE ALBERTINE GRABEN OF UGANDA<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Uganda\u2019s cabinet has approved the auction of six new exploration blocks in the oil rich Albertine basin in what will see the country\u2019s first competitive bidding round. The new shift … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[116,117,2811,2800,2802,2810,2804,2807,2808,2801,1855,2805,2806,2809,2799,2803,2603],"class_list":["post-2516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-albertine-basin","tag-albertine-graben","tag-buliisa-district","tag-eng-simon-dujanga","tag-hoima-district","tag-kanywataba-block","tag-karuka-block","tag-mvule-block","tag-ngaji-block","tag-ngassa-block","tag-oil-blocks","tag-petroleum-exploration-development-and-production-act-2013","tag-section-52","tag-semiliki-block","tag-state-minister-for-energy","tag-taitai-block","tag-uganda","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/kingfisher-uganda.jpg?fit=451%2C413&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-EA","jetpack-related-posts":[{"id":3005,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-extends-deadline-submission-applications-qualification-first-petroleum-licensing-round\/","url_meta":{"origin":2516,"position":0},"title":"Uganda Extends Deadline for Submission of Applications for Qualification for First Petroleum Licensing Round","author":"","date":"May 21, 2015","format":false,"excerpt":"The ministry of energy and mineral development has announced that it extended the closing date for receipt of applications for qualification has been extended by a month from 29th May to 30th June 2015. In the announcement by permanent secretary Kabagambe-Kaliisa the extension will to allow interested applicants more time\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"Uganda oil blocks","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Uganda-oil-blocks.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2902,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-use-international-events-promote-new-licensing-round\/","url_meta":{"origin":2516,"position":1},"title":"Uganda to use international events to promote its First Licensing Round for Petroleum Exploration","author":"","date":"May 11, 2015","format":false,"excerpt":"The Ministry of Energy and Mineral Development has said it will be holding promotional Events for Uganda\u2019s First Licensing Round for Petroleum Exploration, 2015. \u00a0Potential investors will receive presentations and an exhibition on the licensing round for petroleum exploration at the following International events; 1.The 12th\u00a0\u00a0Africa Independents Forum 2015; 26th\u00a0to\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"Uganda oil blocks","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Uganda-oil-blocks.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5015,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-cabinet-approves-three-petroleum-production-licenses-to-total-ep\/","url_meta":{"origin":2516,"position":2},"title":"Uganda Cabinet Approves Three petroleum production licenses to Total E&P","author":"","date":"August 4, 2016","format":false,"excerpt":"Uganda cabinet has announced that during its previous sitting on Wednesday 3rd August it approved consideration and approval of a request from the minister of energy to issue three petroleum production licenses to Total E&P UGANDA B.V. The three production licenses cover discoveries in exploration area 1 of the albertine\u2026","rel":"","context":"In "Home"","block_context":{"text":"Home","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/home\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/08\/Uganda-Rig.jpg?fit=432%2C288&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4609,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ugandas-first-licensing-round-down-to-seven-bidders\/","url_meta":{"origin":2516,"position":3},"title":"Uganda’s First Licensing Round down to seven bidders","author":"","date":"April 24, 2016","format":false,"excerpt":"Government of Uganda through the Ministry of Energy and Mineral Development has received seven bidders for the blocks in Albertine Graben which were put up for licensing with the deadline for submission set for 26th February 2016. The firms that submitted bids are: Armour Energy Limited of Australia, WalterSmith Petroman\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Uganda-oil-blocks.png?fit=446%2C628&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3041,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-hold-london-road-show-promote-first-licensing-round\/","url_meta":{"origin":2516,"position":4},"title":"Uganda to Hold London Road Show to Promote First licensing Round","author":"","date":"June 2, 2015","format":false,"excerpt":"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\u2026","rel":"","context":"In "Events"","block_context":{"text":"Events","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/kingfisher-uganda.jpg?fit=451%2C413&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3125,"url":"https:\/\/www.oilnewskenya.com\/index.php\/17-companies-shortlisted-ugandas-first-licensing-round-petroleum-exploration-development-production\/","url_meta":{"origin":2516,"position":5},"title":"17 companies shortlisted for Uganda’s First Licensing Round for Petroleum Exploration, Development and Production","author":"","date":"July 2, 2015","format":false,"excerpt":"Following the end of a deadline for the Process of receiving the Request for Qualification ended on 30th June, 2015 the Ministry has said it has registered\u00a0seventeen valid applicants\u00a0out of the nineteen applicants\u00a0that had registered for licenses in six blocks in the Albertine Basin. 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