After the discovery of oil in Bunyoro, local entrepreneurs expected a lot of business deals with both government and international oil companies. But as the country enters the oil production phase, most local companies are still wondering where the oil opportunities are.
Over the next few years, trillions of shillings will be spent bringing Uganda’s oil on-stream. Oil companies have said it will take around US$ 10 billion to develop the oilfields. Read More
Sections of Uganda’s new Petroleum Act which are meant to maximise oil-related opportunities for Ugandan businesses are hard to interpret and may be impossible to implement in practice, according to business analysts consulted by Oil in Uganda. Read More
Ghana’s Parliament passed the Petroleum Local Content and Local Participation Regulations, 2013 (L.1.2204) last week, amidst stiff opposition from the upstream oil companies operating in the country. Read More
Ben Mugasha’s Bemuga Forwarders Ltd. is possibly the most well-known oil and gas logistics service provider in Uganda. In an interview with him below, we bring you a telling story of the challenges faced by home-grown companies in their pursuit of local content, and their efforts to remain competitive in a nascent, capital intensive industry, that is quickly getting flooded with billion-dollar foreign firms with decades of expertise in the business. Read More
More than one year after the Chinese National Offshore Oil Corporation (CNOOC) failed to find oil in its Kanywataba prospect, residents of Kanara and Rwebisengo sub-counties in Ntoroko district remain confused on the status of ‘their’ oil resources. Read More
A Ugandan law firm, Katende Ssempebwa and Co. Advocates, will provide local counsel on the procurement of an investor and operator of the country’s first oil refinery. Read More
Oil in Uganda set out to test the knowledge and interest of a cross section of Ugandans in Kampala and Luwero, seventy kilometers north of the capital, and discovered that more than six years after Uganda confirmed commercially viable oil deposits, Ugandans appear to be as uninformed-and disinterested-about their oil and gas industry, as they were prior to the discoveries. Read More
A laboratory that will test rock samples to determine the potential of a given area to produce oil-through a process called core sampling-has been established in Kampala.
Core sampling is one of the most accurate ways of understanding the characteristics of oil and gas reservoirs. Read More
Tullow Oil plc and British Council have awarded twenty scholarships to Ugandans to pursue different courses in oil and gas in the United Kingdom starting this September. Read More