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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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Makerere University students are set to benefit from a Memorandum of Understanding (MoU) signed between officials of the university and The East African Crude Oil Pipeline, on behalf of its contractors and suppliers to provide a framework that will guide collaboration between the two entities towards the realisation of the National Content Capacity Building initiatives in the oil and gas industry, and other Corporate Social Responsibility (CSR) initiatives and projects. EACOP is a project company set up to develop, build and operate a pipeline system which will transport crude oil from Kabalega Industrial Park in Hoima District in Uganda to the…
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To do or not to do an oil refinery for Uganda, over and above the pipeline, has been a major question for the country, but more importantly for the Uganda…
2024 will be a defining year for Uganda’s oil sector with several investment deals to be inked as the oil project nears its first oil in 2025. Noteworthy is that…
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