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The Petroleum Authority of Uganda (PAU) has commenced the search for its second Executive Director, formally opening the next chapter in the leadership of Uganda’s oil and gas regulator. The recruitment signals a carefully sequenced succession plan ahead of the expected end of Ernest N. T. Rubondo’s second and final term on August 31, 2026. The move is more than administrative. It comes at a moment when Uganda’s petroleum sector is on the cusp of transformation from years of exploration, negotiation and construction into full-scale production. For PAU, the transition marks the end of an era shaped almost entirely by…
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In Uganda’s Tilenga oil fields, where the low rumble of drilling rigs never stops, every passing hour of operation carries a price tag measured in tens of thousands of dollars. According to official briefings and technical presentations from the Petroleum Authority of Uganda (PAU), the average daily cost to drill a single oil costs $140,000 (UGX 506 million) in the Tilenga project run by TotalEnergies. However, for an industry often defined by staggering figures, a PAU official notes that this figure stands out among the lowest drilling-day rates in the world; other oil wells across the world cost as much as…
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When Dr. Layi Fatona took the stage at the Stanbic Bank East Africa Economic Summit in Kampala, there was a certain stillness in the room — the kind that precedes…
dfcu Bank has reaffirmed its commitment to empowering Ugandan enterprises to participate competitively in the country’s oil and gas sector. Speaking at a Networking Forum hosted by the Industry Enhancement…
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