Sick Omukama Directs Bunyoro Royal Commission To Run Kingdom

By George Busiinge The Bunyoro Royal Commission will manage Bunyoro Kitara Kingdom affairs for one month while the Omukama is away for medical leave in Munich, Germany. According to a letter dated 15th September 2017, Omukama Dr Solomon Iguru Gafabusa has directed the commission to provide an oversight function on all matters related to the Kingdom. The Omukama has asked the commission to work in consultation with the Prime Minister and professor Kiiza of Makerere University in regard to the establishment of Bunyoro University, the commission will also meet Buhaguzi Elders and Leaders Forum on the creation of Kikube district. The King has also noted that while he is away, there shall be no appointment, transfer of dismissal of any kingdom official adding that there shall be no borrowing or use of kingdom funds, lease/sale/survey of Kingdom land and singing of contracts with any third party without express authorization of…

Police Investigating Congolese Army Attack On Ugandan Fishermen

By George Busiinge Police in the Albertine region are saying a group of about ten armed men dressed in army uniforms similar to those of Democratic Republic of Congo (DRC) invaded Ugandan waters. The raid which occurred on Saturday at Nsonga landing site in Kyabngwali Sub-county Hoima district left one person dead and several items stolen at gun point including six boat engines, mobile phones and fishing gears. Julius Allan Hakiiza, the Albertine Region police spokesperson confirmed the report and identified the deceased as only Omkirambe. By last evening, the body of the deceased had not yet been retrieved as a search was still underway by marine police. Hakiiza said Some of the fishermen who lost property include Stephen Bagonza, Jackline Onziga, Ramathan Okumu, and Isa Okumu. Max Okumu, a surviver said Omirambe dived into the waters as he was trying to resist abduction. This is not the first time…

Here Are PSA Conditions Under Which Armour Energy Will Operate In Uganda

In what looks like a snippet of what is contained in the highly guarded Production Sharing Agreement (PSA) signed between Uganda and Australian oil and gas exploration firm Armour Energy Limited (AEL), the government has lined out economically stringent conditions under which the explorers will operate. The Ministry of Energy and Mineral Development Thursday granted a License for Petroleum Exploration, Development and Production over the Kanywataba Contract Area found in Ntoroko district, western Uganda, culminating into the signing of the PSA, the first in line with Section 58 of the Petroleum Exploration, Development and Production Act 2013. Armour Energy will join UK based Tullow Oil, France’s Total E&P and Chinese CNOOC in trying to produce Uganda’s oil estimated to be 6.5 billion barrels buried in the Albertine Graben in Western Uganda. However it will have to deal with the following terms and conditions as outlined by Irene Muloni, the energy…

Uganda Earned $2.4m From Sale Of Data To Bidders

The acting permanent secretary in the ministry of energy and mineral development Mr. Robert Kasande has revealed that government of Uganda made a whopping $2.4m from the sale of data to bidder after it announced the first licensing round in 2015. Kasande added that one of the major achievements from this licensing round was the development of a state of the art data room which remains open to the industry to view and purchase data, and will also be used for future licensing rounds. He made the revelation during the signing Ceremony of the Production Sharing Agreement (PSA) between Government of Uganda (GOU) and Armour Energy Limited for the Kanywataba block on Thursday at the ministry head office in Kampala. Government in February of 2015 implemented the first competitive licensing round as required by the Petroleum (Exploration, Development and Production) Act, 2013 to attract additional investment in the country’s oil…

Vivo Energy V-Power Club Members Rewarded

Shell V-Power club members were treated to an exclusive F1 Monza Grand Prix screening party. The party took place at Riders Lounge and bar. The prizes were given to some members who merged as winners in the monthly V-Power Club rewards program. Members were awarded with amazing rewards which included free fuel, pair of tyres, tool boxes and weekend getaway at Serena Hotel Kigo. The awards were handed over to the winners by Shell brand manager fuels Mr. Emmanuel Ssebunya. Among those that were awarded include the V-Power club members, loyal customers, and other dedicated users of Shell products. Speaking at the function the Vivo Energy Brand Manager-Fuels Mr. Emmanuel said V-Power club is open to everyone and he encourages all their customers to join the club especially those who use their fuels like car owners and boda boda motorists. “The rewards are to appreciate the loyalty of the V-Power…

Police Uses Live Bullets As It Battles Angry Taxi Drivers In Hoima

By George Busiinge A standoff ensued between Hoima Municipality Authorities and drivers in Hoima town over the move to extend park management contract. Hoima which has come to be known as the Oil City of Uganda is undertaking upgrades to meet the demands of the oil industry has sprung up in the area over the past years. Hoima municipality contracted Hoima Tax/Bus Owners and Drivers Cooperative Society to manage revenue collection in the tax and bus park whose contract expired in July this year. The municipality leadership in August extended the contract for other three months which expires in November. This however was not understood by tax and bus drivers who until last Saturday resolved to stop paying all taxes awaiting for the municipality to come out and explain to them how the contract was extended. They accuse the municipality leadership of failure to consult them before extending the contract…

Uganda Offers Oil And Gas Exploration License To Australian Firm

The Minister for Energy and Mineral Development in Uganda, Irene Muloni, will this week on Thursday ‘grant a Petroleum Exploration License and Sign the Production Sharing Agreement for the Kanywataba Block with Armour Energy Limited’, an email from the ministry’s senior communications officer Gloria Sebikari inviting Earthfinds to attend the ceremony has revealed. According to information on their website, Armour Energy is a leading natural gas, natural gas liquids and crude oil producer in Australia with expertise in exploring for and developing conventional gas, tight gas, shale gas and both conventional-unconventional oil resources. In 2015, the energy ministry announced its first competitive bidding round for six exploration blocks, covering a total of 3,000 square kilometres (1,150 square miles). After receiving and reviewing submitted bids by over 17 companies, the ministry last year announced that Nigerian firms WalterSmithPetroman Oil Limited, Oranto Petroleum International, Niger Delta Petroleum Resources and Australia’s Armour Energy…

Firms Sign Agreement To Sell Natural Gas In Nigeria

Shoreline Energy Limited, the parent company of Gasland Company Ltd, and The Shell Petroleum Development Company of Nigeria Limited (SPDC) Tuesday signed an agreement to explore opportunities to buy, market, distribute and sell natural gas to consumers and companies in the Victoria Island, Ikoyi, Lekki, and Epe areas of Lagos. "The partnership is a significant boost to the gas supply efforts of the Federal and Lagos State governments and will deliver tangible benefits to companies and households in Lagos," said Kola Karim, Chairman of Gasland and Chief Executive Officer of Shoreline Energy. "The project started in October 2015, when Shoreline Power, a subsidiary of Shoreline Energy took a 75% stake in Gasland, who had been granted the Lekki gas distribution franchise for these areas by the former Nigerian Gas Company (NGC)." SPDC's General Manager Gas, Philip Mshelbila said, "We welcome this partnership with Shoreline to build on our companies' gas…

Kick Start Your Accounting Career In The Oil And Gas Industry With This Course

Ugandans will need to acquire the right education if they are going to benefit from the nascent oil and gas industry, experts have repeatedly said however not many high learning institutions are offering courses related to the emerging industry. Therefore when Victoria University in Kampala introduced the BSc in Oil and Gas Accounting course, it provided an opportunity to many people who have been eying to work in the oil and gas sector, directly or indirectly. The course, according to University is designed to develop specialist knowledge & skills specifically for a career in the oil and gas industry. The course offers a blend of theory, experience and the practical skills required for effective financial accounting and management within the industry. “Students develop a critical awareness of the key issues in accounting for upstream oil and gas exploration, development & production activities,” the University said in a statement recently. Graduates…

Museveni To Open Major Oil and Gas Summit

Building on the success of its 2nd edition in 2016 which saw over 350 attendees, UIOGS 2017 will again demonstrate the importance of Uganda's exciting oil and gas industry President Yoweri Museveni has been confirmed to again give the keynote and welcoming address at the 3rd Uganda International Oil & Gas Summit (UIOGS) to be hosted by the Ministry of Energy and Mineral Development, Uganda, from 27-28 September 2017 at the Hotel Serena, Kampala. Held with the support of the Uganda National Oil Company and Petroleum Authority of Uganda, official delegations at the event are being led by Hon. Irene Muloni, Minister of Energy and Minerals Development of Uganda and H.E. Gabriel Lima, Minister of Mines, Industry and Energy, Equatorial Guinea alongside over 400 oil and gas industry leaders from throughout the world. Building on the success of its 2nd edition in 2016 which saw over 350 attendees, UIOGS 2017…
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