Uganda oil industry

Members of Parliament inducted on oil and Gas legislation

MPs elect from across the country have today had their first induction workshop on the gas and oil legislation policies. The workshop that has been organised by the Parliamentary Forum on Oil and Gas has been run on a theme “working with legislators to promote extractive Industries, transparency Initiative and a strong legislative framework for […]

Energy experts call for new law on oil and gas in Uganda

The Chief Executive Officer for Africa Institute for Energy Governance, Dickens Kamugisha has called for an urgent enactment of a new law on oil and gas. Speaking during the orientation of the incoming members of parliament on oil and gas legislation, Kamugisha says that many things in the oil industry are not going on well […]

Members of Parliament urged to hold government accountable

The Member of Parliament for Budadiri west who is also the chairman of the public accounts committee of parliament Nathan Nandala Mafabi has called upon the new members of parliament to work together in holding the executive accountable. Mafabi told the new MPs during their orientation on the oil and gas legislation that they do […]

Tullow Oil Uganda exploration and appraisal campaign commences in Lake Albert Rift valley

Tullow oil Plc has announced it has commenced exploration and appraisal campaign for oil wells in the Lake Albert Rift Valley of mid western Uganda. Following the signing of the SPAs for the farmdown to CNOOC and Total on 29 March 2011, the exploration and appraisal programme has been reactivated and two wells are expected […]

Tullow Oil, CNOOC, Total agree to jointly produce Uganda’s oil

Uganda is now set for the steady development of its oil sector following the entry of CNOOC and Total into the oil processing and production industry of the country. Key oil prospecting firm Tullow Oil announce that it signed Sale and Purchase Agreements (SPAs) with CNOOC and Total in respect of the sale of a […]

Tullow Oil and Uganda government resolve tax dispute, to sell some interests to CNOOC and Total

Oil prospecting giant in Uganda, Tullow Oil plc (Tullow) has announced that they have solved the long standing tax dispute with the government of Uganda that had put their oil development plans in Uganda on hold. The UK based Oil Company said in a statement on Tuesday that it has today signed a Memorandum of […]

Heritage Oil announces the completion of the sale of its Ugandan interests

News Release Heritage Oil Plc (LSE: HOIL), an independent upstream exploration and production company announces today that Heritage Oil & Gas Limited has completed the disposal of its entire interests in Block 1 and Block 3A (the “Assets”) in Uganda. Tullow Uganda Limited (“Tullow”) has paid cash consideration of US$1.35 billion and an additional contractual […]