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Since reaching FID in February 2022, Uganda has kicked off a massive oil drilling campaign with four oil rigs⏤ three of them at the TotalEnergies-operated USD4-5 billionTilenga Project in Buliisa and Nwoya districts, and one rig at the CNOOC-run USD2-3 billionKingfisher Project in Kikuube in the Albertine Graben. As of June 2024, TotalEnergies had made considerable progress in drilling over 35 oil wells with a projection of drilling 98 wells by the end of 2024. Seven oil wells had so far been drilled at the KingFisher Project alongside other engineering, procurement, and construction (EPC) works. Construction works for the USD5…
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Central to these discussions are Uganda’s plans to wean herself off from being over-dependent on private foreign companies in managing the electricity sub-sector. In this case, a post-Umeme/Eskom- concession management strategy has been developed that seeks to guide the Ministry of Energy on the way forward. The CEO East Africa Magazine’s Paul Murungi sat down with Ms Irene Pauline Batebe, the Permanent Secretary at the Ministry of Energy and Mineral Development, in a wide-ranging interview that sought to explore Uganda’s electricity ambitions for the next 20 years. 20 years ago, the government leased out power concessions to Eskom and Umeme….
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