Uganda struck oil in the Albertine Graben in 2006 and reached the Financial Investment Decision (FID) in February 2022. Since then, much work has been ongoing on the needed production…
Since reaching FID in February 2022, Uganda has kicked off a massive oil drilling campaign with four oil rigs⏤ three of them at the TotalEnergies-operated USD4-5 billionTilenga Project in Buliisa…
Makerere University students are set to benefit from a Memorandum of Understanding (MoU) signed between officials of the university and The East African Crude Oil Pipeline, on behalf of its contractors and suppliers to provide a framework that will guide collaboration between the two entities towards the realisation of the National Content Capacity Building initiatives in the oil and gas industry,…
As dfcu Bank celebrates 60 years of transforming lives and businesses in Uganda, the Bank’s commitment to creating a positive impact remains unwavering. dfcu recently announced its Sector Specialisation strategy, aimed at serving the unique needs of their wide client base. One of these is the Bank’s Manufacturing Sector, which works to understand the requirements and meet the requirements of…
Finance Minister, Matia Kasaija yesterday unveiled the top four priority sectors in the 72 trillion Budget for the next Financial Year 2024/25 beginning July 1st. Presenting the National Budget at Kololo Ceremonial Grounds on June 13th, Kasaija gave a glowing perspective of Uganda’s economic outlook as, “positive and optimistic.” “The economy has remained resilient and has fully recovered from a…
To do or not to do a refinery for Uganda’s oil and gas finds, over and above the pipeline has been a major question for the country, but more importantly…
A fatal accident in the oil and gas fields in the Kingfisher Project Area operated by CNOOC Uganda, a subsidiary of China’s CNOOC International has re-awakened the company’s chequered employee…
Congratulations upon being reappointed by His Excellency for a second term. From a Board perspective, how would you summarise the PAU’s journey in its first five years? I must…
By Taddewo Senyonyi Uganda has been able to achieve stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies in East…
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