Uganda Oil Minister Loses MP Seat

The Minister for Energy and Mineral Development and National Resistance Movement (NRM) candidate Irene Nafuna Muloni has lost her parliamentary seat to rival Sarah Wekoba Mudiin an Independent. Ms Wekoba also defeated two other contestants Enid Nabukwasi and Annet Nambozo in the race to represent Bulambuli district in Parliament. Muloni is among the many serving cabinet ministers who lost in parliamentary elections that took place Thursday 18th February 2016. Muloni has been the elected Woman Member of Parliament for Bulambuli District since 2011 when she defeated Beatrice Wabudeya. Her loss however has no immediate impact on her position as Minister for Energy and Mineral Development. The final decision on whether she will retain the ministerial position will be known when the new government takes office later this year. President Yoweri who appointed her as minister is leading in the presidential race against closest and fierce rival Kizza Besigye and is…

Uganda Presidential Candidates Speak Out On Country’s Oil

The issue of oil as a national resource once again came up during the second presidential debate when one of the moderators put the debaters at task to explain their oil policies. The candidates spoke passionately about the subject each saying they will use the money from oil to economically empower the country. Uganda is in the process of producing her estimated 6.5m barrels of crude oil buried away in the soils of Albertine region in western Uganda. The country also has significant gas deposits in Lake Albert which is also in the Albertine region. Environment concerns Witty independent presidential candidate Elton Joseph Mabirizi, Abed Bwanika the president and presidential candidate for People’s Development Party (PDP), and Forum for Democratic Change (FDC) presidential candidate Kizza Besigye expressed worry that oil if mishandled will result into an environment disaster. Asked if oil is going to be a curse to Uganda, Bwanika…

Victoria University Starts New Oil And Gas Course

In a bid to contribute to local content in Uganda’s oil and gas sector and to enable Ugandans understand the working of the oil and gas industry, Victoria University has positioned itself as the leading provider of oil and gas education and training in Uganda. The University has added another course to its range of oil and gas related courses. The Jinja road based learning institute launched the Certificate of Achievement in Oil and Gas Management. Classes are scheduled to start on 6th February 2016. Classes are conducted every Saturday and Sunday beginning at 9.00am. International certifications in the Petroleum Industry such as Health and Safety and Environmental Auditing (ISO 14001 EMS), Project Finance, Law and Energy Management can be arranged on request. The program targets individuals from Oil and Gas companies, Business managers and Executives,Parliamentarians/Civil society, Vocational workers and Marketers etc. The program is designed to provide students with…

Tanzania Secures Land For Vital LNG Plant

Tanzania’s natural gas development achieved a significant leap when Tanzania Petroleum Development Corporation (TPDC) concluded the acquisition of land on which it will put the planned Liquefied Natural Gas (LNG) plant. Tanzania will build its first LNG facility in the coastal town Lindi after TPDC acquired the title deed for a 2,071Ha parcel of land in Lindi. Kelvin Komba, TPDC Director of Exploration and Development, said the government is ready to begin work on the construction of the plant. The Tanzanian government is on record that it plans to spend $6 million (approx. Tshs 12 Billion) for assessment and compensation of 450 households living in Lindi in fiscal year 2015/16. "After securing the title deed, the law requires the owner to pay compensation to the relevant parties based on a valuation done by the chief government valuer," TPDC said in a published statement. Lindi is favored as it is close…

Tanzania, Kenya To Host Oil & Gas Africa Trade Exhibition

The emerging oil and gas industry in East African continues to attract global interest with industry player eager to do business in the region. The latest attempt at to creating working partnerships is the upcoming fifth Oil & Gas Africa - International Trade Exhibition, 10 - 12 June, 2016 at The Dome, Nairobi – Kenya and the second Oil & Gas Tanzania Africa - International Trade Exhibition, happening between 07 - 09 July, 2016 at Mlimani Conference Centre, Dar-es-Salaam, Tanzania Kenya is a hub for key players in the oil and gas community, attracting leading oil, gas and petroleum companies from around the world. This two regional trade event serves the resource-rich east African region and city of Nairobi; Kenya's major centre of oil and gas activity for many of the leading operators in the country. Kenya has attracted oil & gas companies not only because of its ports and…

BG Group Offers $1.45m For Skills Development In EA

British energy company BG Group has said it is going to invest $1.45 million to develop skills need to work in the oil and gas sector. The money will cover a period of five years. The “Skills for Oil and Gas in Africa” (SOGA ) programme is an initiative of UK’s Department for International Development, the Norwegian Agency for Development Cooperation and the German Ministry for Economic Cooperation and Development It is being delivered by the German international development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in Kenya and Tanzania where BG Group operates. “This partnership breaks new ground, providing opportunity for local communities to gain the skills and experiences needed to access employment opportunities in and around the emerging oil and gas industry. Simultaneously companies will be enabled to respond to the strong expectations from host governments and societies. SOGA will deliver training on-the-ground,” says Ramanie Kunanayagam, BG Group…

Shell Shareholders Approve Merger With BG Group

More than 80 percent of shareholders in Royal Dutch Shell voted in favor of combining with British energy company BG Group, the Dutch supermajor said. "I am delighted with the positive shareholder vote and the confidence that shareholders have shown in the strategic logic of the combination of Shell and BG," Shell CEO Ben van Beurden said in a statement. Shell shareholders were asked to approve the acquisition of BG Group by the company. The Dutch supermajor said just over 83 percent of its shareholders voted in favor of the deal. Shell said combining with BG Group would mark the start of a new chapter for the company. Costs will move lower by about $4 billion for 2016, but also result in widespread redundancies. About 10,000 staff and director contractor positions will be eliminated across both companies. The $7 billion tie-up with BG Group will be one of the largest…

Africa Hydrocarbons Captures India’s Attention

Authorities in India have confessed that Africa’s rapid expansion of the hydrocarbon sector has led the Asian country to focus on the continent as a vital region for sourcing petroleum products in coming years. India’s Minister of Petroleum and Natural Gas Shri Dharmendra Pradhan speaking at the 4th India-Africa Hydrocarbons Conference in Delhi recently said Indian oil companies now have keen interest in Africa because of the continent’s hydrocarbon potential. The 2-day Conference attracted government and private sector officials from some of Africa’s oil producing countries in the north and those African nations which are emerging as oil producers like Uganda, Kenya and Ghana. “As a matter of policy, the present Indian government is keen to move towards a geographically diversified energy basket. This has resulted in India's greater focus on Africa as a vital region for sourcing petroleum products in coming years,” Pradhan stated at the opening of the…

Africa Hydrocarbons Captures India’s Attention

Authorities in India have confessed that Africa’s rapid expansion of the hydrocarbon sector has led the Asian country to focus on the continent as a vital region for sourcing petroleum products in coming years. India’s Minister of Petroleum and Natural Gas Shri Dharmendra Pradhan speaking at the 4th India-Africa Hydrocarbons Conference in Delhi recently said Indian oil companies now have keen interest in Africa because of the continent’s hydrocarbon potential. The 2-day Conference attracted government and private sector officials from some of Africa’s oil producing countries in the north and those African nations which are emerging as oil producers like Uganda, Kenya and Ghana. “As a matter of policy, the present Indian government is keen to move towards a geographically diversified energy basket. This has resulted in India's greater focus on Africa as a vital region for sourcing petroleum products in coming years,” Pradhan stated at the opening of the…

Experts Set To Meet At EA Leading Oil & Gas Summit In Tanzania

East Africa’s leading minds in the field of oil and gas will on March 30th & 31st 2016, meet at the 5th Annual East Africa Oil & Gas Summit 2016. The summit will be held at Hyatt Regency Hotel, Dar es Salaam in Tanzania to discuss how best the region can develop the nascent industry. While the oil business is going through a torrid time, interest in East Africa’s Oil & Gas market remains higher than ever. The region has in the last decade made significant oil and gas discoveries to warranty investment returns. Uganda and Kenya are steadily advancing in exploration of oil while Tanzania is big on gas. Rwanda and Burundi are tagging along with high their own high prospects of finding commercially viable discoveries. Uganda in particular expects to start oil production in the next five years. Kenya is moving a little bit faster. Respective countries in…
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