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Home / Tag Archives: CNOOC

Tag Archives: CNOOC

Oil and gas partners caution SMEs over procurement

Kampala, Uganda | THE INDEPENDENT  |  International Joint Venture Partners operating in Uganda’s Oil and Gas Sector have cautioned the Country’s Small and Medium Enterprises to expect no compromise in procurement in the industry.     They say they are committed to maintaining a high standard in the industry while sub-contracting to …

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“We shall deliver on East Africa crude oil pipeline” says Lokeris

Kampala, Uganda | THE INDEPENDENT  | The government has reaffirmed its commitment to ensuring that the East African Crude Oil Pipeline (EACOP) project comes to fruition despite recent challenges. The assurance was given by Minerals State Minister, Peter Lokeris in Kakumiro district at the opening of a public hearing into the …

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Gov’t set to raid Petroleum Fund again

Kampala, Uganda | THE INDEPENDENT  | Uganda government will once again withdraw money from the petroleum fund and use it to fund the 2019/220 financial year budget. According to Bank of Uganda, government will withdraw 445 billion shillings which will be transferred from the fund to the consolidated fund for …

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Govt looks to new oil deals

There is plenty to cheer than mourn about after Tullow oil deal failed THE INDEPENDENT | RONALD MUSOKE | Following the August fallout of Tullow Oil Plc’s farm down to Total E&P Uganda and China National Offshore Oil Corporation (CNOOC), the government appears to be going after a three-pronged come-back …

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