{"id":8440,"date":"2020-06-26T20:34:58","date_gmt":"2020-06-26T20:34:58","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=8440"},"modified":"2020-06-26T20:34:58","modified_gmt":"2020-06-26T20:34:58","slug":"ugandas-second-licensing-round-joining-africas-next-oil-gas-frontier","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/ugandas-second-licensing-round-joining-africas-next-oil-gas-frontier\/","title":{"rendered":"Uganda\u2019s Second Licensing Round: Joining Africa\u2019s Next Oil & Gas Frontier"},"content":{"rendered":"

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<\/sup>, 2020.<\/p>\n

The acreages on offer have become even more attractive since Tullow Oil announced the sale of its entire stake in the Lake Albert Development Project earlier this year to Total. The agreement puts an end to a long-standing capital gains tax dispute with Ugandan authorities, and opens up the way for the upstream development of up to 200,000 bopd by Total and CNOOC, along with an oil refinery and an oil export pipeline to through Tanzania.<\/p>\n

As Total and CNOOC develop billions of barrels of proven oil reserves near Lake Albert, the government is committed to attracting more investment into the development of its hydrocarbons potential through the Second Licensing Round.<\/p>\n

The Uganda National Oil Company is now also inviting interested entities to establish joint-venture partnership and participate in the licensing round in order to apply and secure an exploration license. All exploration and production companies with a proven track record of operating petroleum exploration licenses are eligible for such a joint-venture with UNOC. \u00a0The joint venture proposals will need to be submitted no later than 5pm local time on July 24th<\/sup>, 2020.<\/p>\n

\u201cPartnerships between National Oil Companies and International Oil Companies is a great opportunity for successful transfers of skills and technology. The call for such joint-venture partnerships in Uganda is a clear example of forward-thinking from the Uganda National Oil Company and the government. Uganda has a talented and trained youth who is eager to participate in the development of the country\u2019s hydrocarbons sector, and partnerships are the way forward to achieve that,\u201d declared Nj Ayuk, Executive Chairman at the African Energy Chamber.<\/p>\n

The African Energy Chamber encourages all eligible exploration and production companies in Africa and abroad to participate in the round and form joint-ventures with the Uganda National Oil Company. This is a proven way to both develop local content by bringing in key expertise and capital into Uganda but also to efficiently enter a proven hydrocarbons province by directly partnering with the national oil company.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":8217,"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":[7442,7443,11],"tags":[6986,476,7412,7312,7686,2571,2603,6728],"class_list":["post-8440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-african-energy-chamber","tag-cnooc","tag-lake-albert-development-project","tag-ministry-of-energy-and-mineral-resources","tag-second-licensing-round","tag-tullow-oil","tag-uganda","tag-unoc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/05\/Uganda-rig.jpg?fit=699%2C466&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2c8","jetpack-related-posts":[{"id":3125,"url":"https:\/\/www.oilnewskenya.com\/index.php\/17-companies-shortlisted-ugandas-first-licensing-round-petroleum-exploration-development-production\/","url_meta":{"origin":8440,"position":0},"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. The six blocks on offer are;\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":4609,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ugandas-first-licensing-round-down-to-seven-bidders\/","url_meta":{"origin":8440,"position":1},"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":4898,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-invites-five-bidders-to-negotiate-psas-in-first-competitive-licensing-round\/","url_meta":{"origin":8440,"position":2},"title":"Uganda invites Five Bidders to negotiate PSA\u2019s in first competitive licensing round","author":"","date":"August 3, 2016","format":false,"excerpt":"The Ministry of Energy and Mineral Development has announced it has completed evaluation of bids for the first competitive licensing round and invited the successful companies to negotiate Production Sharing Agreements (PSAs). Four companies from Nigeria and Australia have been invited to negotiate for PSAs for three blocks blocks as\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":10975,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-unoc-closer-to-acquiring-a-license-for-oil-exploration\/","url_meta":{"origin":8440,"position":3},"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":3228,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-government-shortlists-16-firms-first-petroleum-licensing-round\/","url_meta":{"origin":8440,"position":4},"title":"Uganda Government Shortlists 16 firms in First Petroleum Licensing Round","author":"","date":"August 11, 2015","format":false,"excerpt":"The government of Uganda has announced that it has concluded the evaluation of Applications for Qualification from the 17 firms that submitted the Applications following a successful First Licensing Round for Petroleum Exploration, Development and Production. According to Permanent Secretary of the Ministry of Energy & Mineral Development Dr. F.A\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\/08\/uganda-with-flag.jpg?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3892,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-issues-bid-documents-to-16-companies-under-the-first-licensing-round\/","url_meta":{"origin":8440,"position":5},"title":"Uganda issues bid documents to 16 companies under the First licensing round","author":"","date":"October 8, 2015","format":false,"excerpt":"The Government of Uganda (GOU) through the Ministry of Energy and Mineral Development has issued the bidding document to the 16 Qualified Applicants which were successful following the evaluation of applications from 19 companies that had applied in the Request for Qualification stage. The bidding document comprise of Request for\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\/08\/oil-discoveries-Uganda.png?fit=436%2C614&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8440","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=8440"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8440\/revisions"}],"predecessor-version":[{"id":8441,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8440\/revisions\/8441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/8217"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=8440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=8440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=8440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}