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As the Director of Economic, and National Content Monitoring, Petroleum Authority of Uganda (PAU), Peninah Aheebwa is responsible for ensuring cost-efficient oil and gas operations in the country, the economic feasibility of the projects and promoting the participation of Ugandans in the sector. Ms. Aheebwa has experience in the economics, commercial and policy aspects of Uganda’s oil and gas sector. She has contributed to the negotiation of the production licenses, Production Sharing Agreements, the commercialization plans for the country’s oil and gas resources and the formulation of the country’s legal and regulatory framework. She holds a Master’s of Science degree…
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Peninah Aheebwa is responsible for ensuring cost-efficient oil and gas operations in the country, the economic feasibility of the projects and promoting the participation of Ugandans in the sector. Ms. Aheebwa has experience in the economics, commercial and policy aspects of Uganda’s oil and gas sector. She has contributed to the negotiation of the production licenses, Production Sharing Agreements, the commercialization plans for the country’s oil and gas resources and the formulation of the country’s legal and regulatory framework. She holds a Master of Science degree in Energy Studies specialising in Oil and Gas Economics from the University of Dundee,…
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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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By Peninah Aheebwa The Oil and Gas sector in Uganda has progressed to the development phase with an expected total investment of US$ 20 billion before the production of the first oil due in 2025. This investment is being made mainly in developing infrastructure for producing petroleum from the discovered fields and putting in place the facilities required to commercialise the petroleum to be produced (refining and pipelines) together with the requisite support infrastructure like the roads and the second international airport. National content is at the project level, and its target objective is based on how much of the…
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In the wake of the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has sanctioned contracts valued at approximately USD7.16 billion. Of this sum, nearly USD1.8 billion (equivalent to UGX7 trillion) worth of contracts has been allocated to Ugandan companies. These contracts are currently at various stages of execution. Ms. Gloria Sebikari, the Manager of Corporate Affairs at PAU, anticipates a surge in contract numbers once construction begins on the East African Crude Oil Pipeline (EACOP). She stated, “most of the contracts awarded thus far are in the upstream sector, but we…
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