Uganda’s oil ambitions face a critical stress test at the Kasuruban oil block. By handing it to Uganda National Oil Company (UNOC), government signaled that national control must sit at…
Patrick Mbonye is the Chief Executive Officer of Q-Sourcing Servtec Group, a multi-professional management solutions firm. Under his leadership, the company has become a cornerstone in the East African region,…
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EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania has closed…
The Auditor General, Edward Akol, has noted with concern that the Tilenga and KingFisher Development Area oil projects in western Uganda are behind schedule in hitting completion targets, with some activities also facing a funding crisis. The Auditor noted that whereas the Uganda commercial oil production plans had set a target of drilling 451 oil wells, the Field Development Plan (FDP) designated only 177 (approximately 39%) as necessary for the initial phase of oil production targeted for November 2025, and which was later projected to 2027. However by the time of the compiling of the Auditor’s report in November 2024,…
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Mbonye is the Chief Executive Officer of Q-Sourcing Servtec Group, a multi-professional management solutions firm. Under his leadership, the company has become a cornerstone in the East African region, innovatively supporting hundreds of organizations by providing them with skilled talent.In 2021, Q-Sourcing Servtec Group entered a significant partnership with Worldwide Recruitment Solutions, intensifying its focus on the burgeoning oil and gas sector’s manpower needs. The company’s expertise in recruitment and human resource consultancy is well-recognized, having collaborated with prominent players like Total, CNOOC, Worley, SINOPEC, and the East African Crude Oil Pipeline.Mbonye’s illustrious career spans a multitude of global reform…
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Uganda’s Energy Ministry Permanent Secretary, Irene Batebe has, in an exclusive interview with the CEO Magazine, revealed that government is on course with Dubai- based Alpha MBM Investments to have agreements signed ‘soon’ for the financing and construction of the oil refinery at Kabalega Industrial Park in Hoima District. The government oil refinery investment deal is under the belt of Uganda National Oil Company (UNOC) which handles the country’s commercial interests in the petroleum sector. Tony Otoa, the UNOC Corporate Affairs Director said the details of the deal will be shared after financial closure, dismissing reports of an online article…
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Another milestone in the construction of the East African Crude Oil Pipeline (EACOP) has been reached with the first delivery of nine trucks loaded with coated line pipes at Main Camp and Pipe Yard (MCPY) 4 in Kyotera District, Uganda. The coated line pipes will be transported to designated storage sites and laid along the 1,443-kilometer heat-traced crude oil pipeline. The EACOP will transport Uganda’s crude oil from the Hoima Terminal in Uganda to Tanga Port in Tanzania, where it will be exported to international markets. To date, the project has received 800 kilometres of line pipes, which are currently…
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Stanbic Bank Uganda, Uganda’s largest bank and a subsidiary of the Standard Bank Group, Africa’s largest banking group has said that it is still doing its own due diligence on financing of the East African Crude Oil Pipeline (EACOP). However, the bank added that it is as committed to strict adherence to global standards on environment and social safety, as it is committed to a just energy transition. Responding to a question during the just-ended presentation of the bank’s 2023 financial performance, held at the Kampala Serena Hotel on March 25, 2024, Paul Muganwa, the Head of Corporate and Investment…
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Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th of March 2024 inaugurated its Thermal Insulation Plant (TIS Plant). The East African Crude Oil Pipeline is a 1,443km crude oil export infrastructure that will transport Uganda’s crude oil from Kabaale – Hoima in Uganda to the Chongoleani peninsula near Tanga in Tanzania for export to the international market. This major export system includes 1,443 km (296 km in Uganda and 1147km in Tanzania) of insulated and buried 24” inch…
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