French Company Total E&P Uganda has boosted the National Content Capacity pool by unveiling the first group of internationally certified oil and gas welders at Buhimba Technical Institute in Hoima district. The unveiling follows the successful completion of an intensive 3 months training course on 2G and 4G coded welding undertaken by the students and […]
Rich in hydrocarbons and possessing a favourable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, the country’s Minister of Petroleum and Mineral Resources, Abdirashid Mohamed Ahmed has said. “Nowhere is the contribution that the energy industry can make to civil society and economic development greater than in Somalia,” […]
Tullow Uganda Operations Pty Ltd, a subsidiary of Tullow Oil Plc, has handed over four computer labs and 65 computers to four government primary schools including; Ndandamire Primary school, Buliisa Primary school, Kaiso Primary school and Kyehoro Primary school in Buliisa and Hoima District. Tullow Uganda continues to contribute to the sustainable economic growth and […]
The Uganda Chamber of Mines and Petroleum (UCMP) has asked the government to establish authority or agency that will be responsible to oversee the mining sector. The Chamber also proposes that the government must come up with a Mining Fund, just like the Road Fund to help support the Mining Sector. These were some of […]
Uganda’s Ministry of Energy and Mineral Development has embarked on a campaign to register all artisanal and small scale miners an initiative aimed at reorganizing the mining sector. According to Robert Kasande, the Ministry’s Permanent Secretary, after carrying out a successful benchmarking trip to Tanzania, they discovered that it is important to register and organize […]
The board of Jervois Mining, an Australian based mining and exploration company has approved a US$1.5 million exploration program for the December 2019 quarter at the Kilembe Area properties in Uganda. The Cash includes $900,000 for initial drilling at the Senator, Eagle and Bond copper-gold showings and $600,000 for further drilling at Bujagali. The Kilembe […]
Uganda’s State Minister for Mineral Development Peter Lokeris has said that the government is in the final stages of developing new mining laws that will support private sector investment in the country’s mining sector. The Minister was this morning assuring participants and international delegates who attended the 8th Annual Mineral Wealth Conference that is running […]
The Uganda National Oil Company (UNOC) Board of Directors has appointed Proscovia Nabbanja who was the company’s Chief Operating Officer (Upstream) as the new Chief Executive Officer. Nabbanja, a geologist, has since August 2019 served as the Acting Chief Executive Officer following the resignation of the founding CEO Josephine Wapakabulo who spent three years in […]
In line with Oranto Petroleum’s commitment to domestic capacity building and local content development across sub-Saharan Africa, the company organized a tender workshop in Uganda in partnership with the Petroleum Authority of Uganda, the Local Government Administration and KITADI consultancy. Organized in the region of the Albertine Graben where Oranto Petroleum has its Ngassa licenses, […]
Oil and gas sector has dominated the Fortune Global 500 list of world’s largest companies with a year-on-year (YoY) revenue growth of 23.4% in 2019, according to an analysis by GlobalData, a leading data and analytics company. GlobalData analyzed the YoY change in revenue and profits, and the geographical spread of the Fortune Global 500 […]
Civil Society Organizations advocating for free – Corruption Uganda wants the Government to come up with strong measures that will curb corruption and human rights abuses in the extractive industry. Marion Agaba the head of programmes at the Anti-corruption Coalition Uganda told East African Business Week that lack of transparency in the sector over many […]
Somaliland through its embassy in Nairobi will in November host an Energy and Infrastructure conference in the Kenyan capital. This is part of Somaliland’s long term mission to woo Kenyan investors in the energy sector to the mineral-rich area that is thirsting for foreign investments. “The intent of this conference is to give an overview […]
Walkabout Resources, which is looking to build and operate the highest grade of graphite reserves in Africa, will continue to carefully assess and not be rushed on all funding options for the base case US$27.8 million mines. This approach is needed as there is considerable variance in the options available. The Perth-based company said that […]