Comments for Shell to buy Heritage? at http://www.independent.co.ug , comment 1 to 5 out of 5 comments http://www.independent.co.ug Tue, 16 Mar 2010 22:48:21 +0100 FeedCreator 1.7.3 http://www.independent.co.ug/index.php/business/business-news/54-business-news/1423-shell-to-buy-heritage#comment-17501 I highly doubt that what happened /is ..ing in Nigeria, can happen in Uganda. The state governors were like kings and initially could agree terms with the companies, irrespective of any other concerns -environmental for eg. The rules of the game must be clear and Govt must know what she wants. Otherwise if work to the tunes of IOCs, then we lose out. Renter seekers should not be given any room to exercise their selfish interests. We cant avoid IOCs, they have all it takes to develop the sector. Uganda will avoid the oil curse, if all is done as planned. - Francis Fri, 07 Aug 2009 19:21:30 +0100 http://www.independent.co.ug/index.php/business/business-news/54-business-news/1423-shell-to-buy-heritage#comment-17497 Which continent do you Francis come from? " The other alternative is to competitevely open up new blocks to attract the majors". What garb man! Can you give me an example of a nation where it has happened that these companies have transfered the technology you talk about!? Or, may be you work for them already, probably aspire to do just that, and do not care about the foot print these companies leave behind? It beggars belief that one thinks this way, especially if they are African! In China, they are having to twist their arm for technology transfer. Do we have the same clout in Uganda? In S.America, they were booted out because of the inequity they exhibit wherever they go. The peoples of the world shall rise up, and these are the things they will look to sort out. - Imhotep Fri, 07 Aug 2009 19:05:14 +0100 http://www.independent.co.ug/index.php/business/business-news/54-business-news/1423-shell-to-buy-heritage#comment-17493 I cannot wait for the day when these companies are sent packing. Shell is one of the companies exploiting the earth without much thought, especially if it is not in its country of origin. There are cases of negligence in South America, and many other places such as Nigeria. Uganda today is rife for such a company to do its dirty work without anyone butting an eyelid because of the corruption in the country today. In fact, this corruption thing must have been some kind of weapon to use us in this way. Exploit as much as you like while paying off a few here and there, so the story goes. I pitty the Banyoro plus my fellow Ugandans at large. You should see the state of Niger delta to know what am saying. Over there, it does not rain water, but acid rain! This is down to the exploitation of the land without regard to its inhabitants. - Imhotep Fri, 07 Aug 2009 18:54:50 +0100 http://www.independent.co.ug/index.php/business/business-news/54-business-news/1423-shell-to-buy-heritage#comment-17492 This is a welcome development, especially if it is true tthat Shell is likely to acquire some interests in HeritaGE. Uganda needs one of the majors to join the oil sector to spur its development in the medium term. Shell is financially strong, technically able and can easily train and transfer knowledge to Ugandans, and above all is vertically integrated. Upstream companys' interests are to explore and sell their interests to others. The current infrastructure needs of the sector require companies with strong financial muscle, otherwise Uganda is likely to wait longer than anticipated. If we cant get hold of one of the Majors, the Government should invest in money to achieve its strategic objectives in the sector. The other alternative is to competitevely open up new blocks to attract the majors. - Francis Fri, 07 Aug 2009 18:53:24 +0100 http://www.independent.co.ug/index.php/business/business-news/54-business-news/1423-shell-to-buy-heritage#comment-17354 We all know what shell is doing in Nigeria, we also know the Mafia behind all these crooks m7 is calling investors , I ask people to resisit m7 blind and greedy approach to oil industry ! Lets not allow m7 to turn it into our curse - Mafuta Mingi Thu, 06 Aug 2009 02:49:16 +0100