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Tag Archives: oil

Oil firm CNOOC rewards Hoima district’s best students

  Hoima, Uganda | THE INDEPENDENT | CNOOC Uganda, an oil and gas company has recognized and awarded 180 best performing Hoima and Kikuube students at PLE, UCE and UACE level under its corporate social responsibility programme code-named “CNOOC Best Performer’s Award”. The CNOOC Best Performers Award was inaugurated in …

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Chinese delay FID on Lake Albert oil projects

Hoima, Uganda | THE INDEPENDENT | Totalenergies Uganda Deputy Gereral Manager, Mariam Nampeera Mbowa .says its Joint Venture partner CNOOC is holding the announcement of the Final Investment Decision on the Lake Albert Oil Development project. “I can confirm that the board of Total took FID on the Ugandan project …

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Absa: Economy is struggling but outlook is positive

Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …

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Inside Total’s 43 month journey to Uganda first oil

Kampala, Uganda | THE INDEPENDENT | Total E&P Uganda says it expects the first oil to be out of Uganda’s Albertine graben within 43 months effective from mid-May this year. Total Energies Uganda upstream project representative, Edirisa Kwizera is hopeful that unlike the past, the timeline to Uganda’s first oil will …

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