Residents Affected By Oil Road Projects Warned About Fraudsters

Residents affected by the oil roads projects in Kiziranfumbi sub-county have been advised to be vigilante from conmen. Juma Ibrahim, the sub-county LC3 chairman observes that some groups of people claiming to be agents from different financial intuitions are flocking area collecting money from residents telling them to open accounts through which they will access compensation funds from. Ibrahim explains that some so called agents are coming without clearer identifications from their institutions nor do they educate the public on the documents they are filling. Ibrahim yesterday chased away a group of bank officials who were registering residents in Kidoma, Kyakatemba and Kinywambeho who were soliciting sh25000 from every individual to open an account. He said the officials had no identifications from their financial institution nor did they poses any introduction letter to such an activity in the area. Ibrahim cautions residents against entrusting their finances to certain individuals before…

African Oil And Gas And The Quest For Prosperity - A Review Of The Book "Big Barrels"

BIG BARRELS has arrived very late. For many like myself, who struggled with the scarcity of positive Africa-specific case studies at business school; it’s about time, too. By showcasing examples of countries where the ‘Resource Curse’ is being overcome, NJ Ayuk and Joio Gaspar Marques have placed a finger right on the pulse of Africa’s future prosperity. The writers point to a more transparent kind of African leadership, with working examples of cooperation, civic responsibility, accountability, and successfully managed policy. BIG BARRELS provides material for far-reaching academic discussions about Africa’s growth prospects in the coming decades. As more African nationals and decision-makers get familiar with these success stories, we expect to see better management of extractive resources simply because more people now know that African nations can do right by their people. Ghana’s meticulous preparation for the management of her new oil resources; the call for expertise from the global…

Omukama Wants Fair Compensation For Residents Affected By Oil Projects

By Busiinge George The Omukama of Bunyoro Kitara Kingdom Dr. Solomon Gafabusa Iguru has asked government for fair compensation of his subjects affected by oil related projects. The comes at a time when government has offered Nine productionlicenses aiming to move more quickly toward crude production of the existing 1.6 billion barrels of commercial oil deposits in the Albertine Graben by 2020. The energy and mineral development sector where oil and gas belongs has been allocated Shs 2.3 trillion this financial year to first tract all the planned activities including road projects, Kabaale air-port, oil refinery among others. Speaking at his 23rd coronation anniversary yesterday at Karuziika, his majesty said government should ensure that his subjects affected the oil related projects are promptly, fairly and adequately compensated so that they do not become squatters. Although government has tried to compensate the affected persons, but majority continue to curse over untimely…

Shell V-Power Club Club Members To Earn Monthly Rewards, Formula One Trips

Vivo Energy Uganda has launched a new and improved Shell V-Power club in which members will be rewarded with monthly exclusive rewards for consuming Shell V-Power, as well as stand a chance to win one of seven grand prizes of an all-expense paid trip to the Formula One Grand Prix, in Italy in September or Abu Dhabi in November 2017. The Shell V-Power Club in Uganda was launched in 2015 and has since registered over 1000 members. A total of five (5) club members have since enjoyeda fully paid trip to attend the Abu Dhabi Grand Prix. In this new and improved edition of the Shell V-Power Club, members will earn ten (10) points for every litre of Shell V-Power consumed. A club member who has accumulated 500 points will qualify for the monthly draw to win prizes. Club members in the motorcycle category will only require 200 points to…

Africa Oil Week Promises Standard Solutions For Industry Demands

Africa Oil Week, the world’s longest running oil and gas conference on the African continent, will from the 23rd to 27th October in Cape Town, South Africa, bringing together 1,250 industry players from around the world. The ITE organized Africa’s premier event also brings together cross-continent multinationals and offer a content rich programme, a quality industry exhibition and five-star networking. Africa Oil Week delivers exposure of Africa-wide state and private acreage opportunities, transaction and new venture assets and potential, exploration and production developments, and an overview of Africa’s hydrocarbon future. Now in its 24th year, Africa Oil Week, being held at the Cape Town Convention Centre, continues to provide the most trusted and reliable platform for governments, national oil companies, corporate players, independents and financiers, along with service and supply operators, to share deep insight and linchpin strategies and engage in meaningful debate and conversations set to drive and strengthen…

Oil To Fund Infrastructure, Science Innovation – Museveni

Money accrued from Uganda’s oil and gas will be used to develop the country’s infrastructure and science innovation, President Yoweri Museveni reiterated during his annual State of The Nation address on Tuesday at Kampala Serena Hotel. “Having agreed on the pipeline, we are set to move. This oil will make it easy for the Uganda State to fund infrastructure and innovation in Science.” The president, who takes too much pride in the country’s oil, briefly mentioned, in the 19 page Sate of the nation address speech. Uganda and Tanzania together with oil companies operating in a joint venture agreed to build a 1443km long crude export pipeline from Hoima in western Uganda to Tanga port in Tanzania. The country is undertaking FEED study to iron out the details for its precedented start of construction of the multi billion pipeline in 2018. The country is also finalizing contracting people to build…

Tanzania, GE Signs Major Agreement To Upgrade Gas Turbines

GE’s Power Services business and Songas signed a multiyear service agreement (MYA) to upgrade equipment at Songas’ Ubungo Power Plant in Dar es Salaam, Tanzania. The MYA encompasses GE’s Fleet360* platform of total plant solutions, helping Songas ensure the long-term, reliable operation of its power plant. The upgrades will help Songas increase the efficiency and the plant’s capacity at the Ubungo plant by approximately 10 megawatts (MW). Today the power plant provides nearly 25 percent of the power in Tanzania. “Songas owns 6 gas turbines, including 4 GE LM6000 gas turbines which it has been operating at Ubungo Power Plant since 2004” said Nigel Whittaker, Managing Director, Songas Ltd. “Songas and GE have been working together for several years to ensure high performances of these turbines. Songas is very pleased about this new initiative with GE to help increase the efficiency and reliability of the plant throughout the duration of…

Israeli Power Developer Commits $1bn To ECOWAS

Under the MOU signed between the State of Israel and ECOWAS, Israel’s leading solar developer will invest $1 billion over the next four years to advance green energy power projects across the 15 member states of the West African economic community. “In honor of President Ellen Johnson Sirleaf’s two terms in office, and Liberia’s friendship with the State of Israel, Energiya Global and our international partners will finance and build a commercial-scale solar field at the Roberts International Airport, which will supply 25% of the country’s generation capacity,” says Yosef I. Abramowitz, CEO. “We are prepared to finance and build the first National Demonstration Solar Projects in all ECOWAS-affiliated countries in order to promote political stability and social and economic development, as well as to advance knowledge transfer.” Energiya Global and its associated companies developed the first commercial scale solar field in sub-Sahara Africa in Rwanda, which is supplying 6%…

Energetics Engineer Takes Over At Vivo Energy Uganda

Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants, has hired a new managing director. The new MD, Gilbert Assi, takes over from Hans Paulsen who has been at the helm for the past three years. Assi brings a wealth of experience having worked with Vivo Energy and Shell for the past 20 years in several leadership positions, most recently as the Group Head of Distribution. Prior to this he spent two years as managing director of LPSA, Vivo Energy’s joint venture transport, storage and shipping company in Madagascar, where he very successfully led the operation of over 300 employees at 23 depots, a pipeline network and two barges. During his career with Vivo Energy and Shell, Assi has also had roles as the Supply and Distribution manager in both Côte d’Ivoire and Senegal, been the General Manager of Société Guineenne des Petroles in Guinea,…

Shoddy USMID Works In Hoima Irk MPs

By George Busiinge The Parliamentary Public Accounts Committee (PAC) have expressed dismay over the delayed completion of Uganda Support to Municipal Infrastructure Development (USMID) projects in Hoima municipality. The World Bank funded projects, which focuses at expansion and improving the potholed roads in Hoima town, street lighting and beautification of the town, started in February 2015 on a one year contract, but since then work has never been completed. Plinth Technical Services was contracted for the works. The initial contract expired in February 2016. However, the contractor failed to beat the deadline and asked for an extension which was granted up to August 2016 but up to date work is still incomplete. The law makers led by committee chairman Regan Okumu, inspected the project works but they were shocked by the shoddy and delayed works. Okumu expressed worry that the remaining funds may not be enough for the remaining works.…
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