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Tag Archives: CNOOC

Oil and gas sector in another slowdown, jobs at stake

  Kampala, Uganda | THE INDEPENDENT | The oil and gas sector should by now be employing thousands of Ugandans in the construction sector, but players in the industry say the sector has again slowed down. Players in the industry say most of their labour force and equipment are redundant …

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CNOOC faces Hoima residents

The oil and gas sector continues to interest different players hoping to make some money out of it. Kampala, Uganda | JULIUS BUSINGE | At one of the events organised by the Petroleum Authority of Uganda and National Environment Management Authority, a big crowd of 8, 000 people attended to …

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Tullow considers selling all its assets in Uganda

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …

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Albertine oil prospects mingle with water concerns

Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …

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Oil spill: How prepared is Uganda and the oil companies?

Kampala, Uganda | THE INDEPENDENT | The fear oil spill disasters is one of the risks of concern as the country prepares for commercial oil production. It is feared by environment groups and scientists that the oil spill could wipe out tourism and fishing industries and wildlife habitats in the entire …

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Oil companies faulted for not employing native Banyoro

Kampala, Uganda | THE INDEPENDENT | Oil companies operating in the Albertine region have been faulted for not employing the natives from the region. Speaking during the second and last Public hearing for the Kingfisher Environmental and social impact Assessment-ESIA report for the proposed oil development projects on Friday at …

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PWDs seek active involvement in oil and gas sector

Kampala, Uganda | THE INDEPENDENT | Persons with Disabilities-PWDs are demanding active engagement and participation in the Oil and gas sector.  They argue that while different groups have been engaged, the government and oil companies have not taken any initiative to support persons with disabilities to tap into opportunities in the …

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Gov’t pushes final investment decision for oil production to September

Kampala, Uganda | THE INDEPENDENT | Government has pushed the Final Investment Decision (FID) for commercial oil production to September 2019. Speaking during the budget presentation on Thursday, Finance and Economics Development Minister, Matia Kasaija said, “Preparation for commercialization of oil and gas resources continued this year. The lead investor for …

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