{"id":7698,"date":"2019-05-15T14:40:12","date_gmt":"2019-05-15T14:40:12","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=7698"},"modified":"2019-05-15T14:40:29","modified_gmt":"2019-05-15T14:40:29","slug":"uganda-to-offer-5-new-blocks-in-second-licensing-round","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-to-offer-5-new-blocks-in-second-licensing-round\/","title":{"rendered":"Uganda to Offer 5 New Blocks in Second Licensing Round"},"content":{"rendered":"\n

The government of Uganda has announced that it will be offering five blocks situated in the Albertine Basin in its second licensing round including two blocks earlier offered in the first round. The five blocks namely: LR2_2019_Block01 (Avivi), LR2_2019_Block02 (Omuka), LR2_2019_Block03 (Kasuruban), LR2_2019_Block04 (Turaco) and LR2_2019_Block05 (Ngaji).<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Speaking at the Uganda Oil and\nGas Summit Minister for Energy Irene Muloni said the new round licensing was\naimed at increasing the oil reserves of the country and position East Africa as\nthe real destination for oil and gas investment.<\/p>\n\n\n\n

Muloni added that the license round\nwas driven by a number of factors including: Establishment of additional\npetroleum resources and reserves to ensure sustainability of oil production and\neconomic viability of the Refinery and the East African Crude Export Pipeline,\nto take advantage of the current high crude oil price, considerable interest in\ninvesting in the Country\u2019s oil and gas sector and the conducive investment\nclimate in Uganda as well as the minimal geological and commercial risks\nespecially in the Albertine Graben. <\/p>\n\n\n\n

Further the licensing round is\ninformed by the existence of comprehensive and robust legal, regulatory and\ninstitutional frameworks which guarantee certainty to investors, the need to\ncreate several opportunities including national participation through service\nprovision and employment and the experience gained from conducting the 1st\nLicensing Round and the existence of the State-of-the-Art Data room which are\npivotal for a successful licensing round.<\/p>\n\n\n\n

Following this announcement, the\nMinistry will issue a Request for Qualification (RFQ) inviting interested firms\nand\/or consortia to submit applications within a period of 6 months. Upon\nevaluation of the applications, the successful firms\/consortia will be issued\nwith bidding documents comprising the model production sharing agreement and\ndata sale regulations among others. <\/p>\n\n\n\n

The bidding process will take\nfive months and result in the negotiations and signing of production sharing\nagreements between Government and the successful bidders. The licensing round\nis expected to be concluded with the award of Petroleum Exploration Licenses to\nsuccessful firms by December, 2020.<\/p>\n\n\n\n

During the first licensing<\/a> round Uganda licensed three exploration licenses including Kanywataba block<\/a> licensed Armour Energy<\/a> and two stratigraphic licenses over Ngassa shallow and deep plays licensed to Oranto Petroleum.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government of Uganda has announced that it will be offering five blocks situated in the Albertine Basin in its second licensing round including two blocks earlier offered in the … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7704,"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":[1],"tags":[],"class_list":["post-7698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/05\/2nd-LICENSING-ROUND-OF-UGANDA.jpg?fit=2200%2C1128&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-20a","jetpack-related-posts":[{"id":3041,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-hold-london-road-show-promote-first-licensing-round\/","url_meta":{"origin":7698,"position":0},"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":3005,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-extends-deadline-submission-applications-qualification-first-petroleum-licensing-round\/","url_meta":{"origin":7698,"position":1},"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":6389,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-issues-2-exploration-licenses-ngassa-block-oranto-petroleum-limited\/","url_meta":{"origin":7698,"position":2},"title":"Uganda Issues 2 exploration licenses over Ngassa block to Oranto Petroleum Limited","author":"","date":"October 10, 2017","format":false,"excerpt":"The ministry of energy and mineral development in Uganda has issued Issues 2 oil & gas exploration licenses over Ngassa block in Hoima district to Oranto Petroleum Limited in a signing ceremony presided over by the minister Irene Muloni. The issuance earlier set for June was called off after the\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\/2017\/10\/Eng-Muloni-issues-2-oil-gas-exploration-licenses-over-Ngassa-block-to-Oranto-Petroleum-Limited.-marks-successful-end-of-1st-licensing-round.jpg?fit=743%2C472&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Eng-Muloni-issues-2-oil-gas-exploration-licenses-over-Ngassa-block-to-Oranto-Petroleum-Limited.-marks-successful-end-of-1st-licensing-round.jpg?fit=743%2C472&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Eng-Muloni-issues-2-oil-gas-exploration-licenses-over-Ngassa-block-to-Oranto-Petroleum-Limited.-marks-successful-end-of-1st-licensing-round.jpg?fit=743%2C472&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/Eng-Muloni-issues-2-oil-gas-exploration-licenses-over-Ngassa-block-to-Oranto-Petroleum-Limited.-marks-successful-end-of-1st-licensing-round.jpg?fit=743%2C472&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2902,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-use-international-events-promote-new-licensing-round\/","url_meta":{"origin":7698,"position":3},"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":10975,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-unoc-closer-to-acquiring-a-license-for-oil-exploration\/","url_meta":{"origin":7698,"position":4},"title":"UGANDA: UNOC Closer to Acquiring a License for Oil Exploration","author":"","date":"October 10, 2021","format":false,"excerpt":"Weeks ago, the Uganda National Oil Company Limited (UNOC)\u00a0 named among four companies, which impressed officials in the second licensing round pertaining to five oil blocks in the Albertine Graben, Western Uganda. The available blocks are Ngaji, Turaco, Avivi, Kasuraban and Omuka. According to the Ministry of Energy and Mineral\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/uganda-2nd-licensing-round.jpg?fit=600%2C548&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/uganda-2nd-licensing-round.jpg?fit=600%2C548&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/uganda-2nd-licensing-round.jpg?fit=600%2C548&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8440,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ugandas-second-licensing-round-joining-africas-next-oil-gas-frontier\/","url_meta":{"origin":7698,"position":5},"title":"Uganda\u2019s Second Licensing Round: Joining Africa\u2019s Next Oil & Gas Frontier","author":"","date":"June 26, 2020","format":false,"excerpt":"Among the few ongoing licensing rounds on the continent this year is Uganda\u2019s Second Licensing Round, announced by the Ministry of Energy and Mineral Resources last year. The deadline for submitting the application for qualification on the five blocks on offer in the Albertine Graben is September 30th, 2020. The\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/05\/Uganda-rig.jpg?fit=699%2C466&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/05\/Uganda-rig.jpg?fit=699%2C466&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/05\/Uganda-rig.jpg?fit=699%2C466&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=7698"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7698\/revisions"}],"predecessor-version":[{"id":7705,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7698\/revisions\/7705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7704"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}