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  • Hon. Peter Lokeris

    Uganda to auction more oil blocks this year

    Hon. Peter Lokeris

    The Uganda government will auction the remaining blocks in the Albertine basin before the end of this year, Energy and Minerals Junior Minister, Peter Lokeris has confirmed.

    Speaking at the just-concluded East Africa Oil and Gas Conference in London last week, Hon. Lokeris said the planned auction will be by open bidding so as to attract as many international companies as possible.

    “In our next licensing round, we are doing open bidding and open licensing so you are all welcome. We are going to do that before the end of the year and in our next bidding round, we are targeting the most efficient players,” said Hon. Lokeris.

    Up to 60 percent of the oil-rich Albertine Graben will be up for grabs.

    “We welcome you to come and take part in this exercise,” Hon. Lokeris told delegates. “You can also undertake other jobs like refinery maintenance, rigs and related activities. Government encourages private sector investment.”

    This will be Uganda’s first competitive bidding round after an eight year moratorium on licensing pending the establishment of a regulatory framework for the sector.

    So far, up to 3.5 billion barrels of oil have been discovered in the Albertine Graben .

    Report by Flavia Nalubega

  • President Yoweri Museveni

    First oil in 2017, says President

    President Yoweri Museveni

    President Yoweri Museveni has reiterated that Uganda will begin producing oil in 2017, blaming the delay on ‘contentious issues’ during negotiations with the oil companies.

    Read More

  • Ngara Waste Storage Site in Buliisa District operated by Tullow Oil Uganda.

    NEMA, oil companies score poorly in environmental audit

    Ngara Waste Storage Site in Buliisa District operated by Tullow Oil Uganda. The Report says this type of waste management is more costly than treatment. 

    The National Environment Management Authority (NEMA) has made efforts to manage oil drilling wastes in the Albertine Graben, but capacity gaps in supervision and monitoring of oil activities still exist, a recent environmental audit report released by the Auditor General has revealed. Read More

  • Protesters

    CNOOC oil rig sparks off protests in Vietnam

    Protesters in Hanoi, Vietnam.

    The deployment of a rig by the China National Offshore Corporation (CNOOC) in the South China Sea has sparked off a wave of anti-China protests in some cities in Vietnam, and reignited a longstanding sovereignity dispute between Vietnam and China. Read More

  • A map showing the Ngassa area shaded in green and yellow stripes.

    Ngassa field reverts to government

    A map showing the Ngassa area in Exploration Area 2.

    The Uganda government has reclaimed the Ngassa oil field in Exploration Area 2, Kaiso Tonya, Hoima district, following the expiry of the allowed appraisal time. Read More

  • Uganda flag

    Companies fleecing Uganda billions in fake invoicing

    Uganda could have lost up to 2.43 billion dollars in tax revenue over the last ten years due to ‘trade misinvoicing’, a new report by Global Financial Integrity (GFI), a Washington DC-based research and advocacy organization has revealed.  Read More

  • Although most Ugandans believe that the oil industry will provide hundreds of thousands of new jobs and will be shocked by the r

    Ugandans not ready for oil jobs

    Although most Ugandans believe that the oil industry will provide hundreds of thousands of new jobs, the survey reports that only 13,000 people will be directly employed by the sector  at production.

    A three-month survey commissioned by the Joint Venture Partners (Total, CNOOC and Tullow) has revealed that Ugandans lack the skills to take up jobs in the oil and gas industry as the country progresses to the development and production stages. Read More

  • Mr. Robert Tugume (Photo: Beatrice Ongode)

    Government to set up petroleum institutions this year

    Mr. Robert Tugume (Photo: Beatrice Ongode)

    The Uganda government is in advanced stages of setting up institutions to manage the oil and gas sector as the country picks the pace towards oil production anticipated in 2017/201 Read More

  • Glad. (L-R) Tullow’s Jimmy Mugerwa, Total’s Loic Laurandel and CNOOC’s Xiao Zongwei at the press conference. (Photo: Beatrice Ongode)

    Companies await production licenses

    Of the 21 discoveries in the Albertine region, the joint venture partners have submitted applications for ten production licenses, but only one has been issued. Read More

  • The writer at the top of the super pit gold mine

    Uganda too can prosper from extractives

    The writer at the top of the super pit gold mine

    My visit to the Goldfields region in Western Australia offered me some lessons for Uganda.

    Read More