The west African nation, also known as the world’s largest producer and exporter of cocoa, released five blocks that they were seeking expressions of interest in.
Oil and Gas
Uganda is currently focused at accessing the international markets through the pipeline to add value and ensure security of supply within the East Africa region as well as the oil refinery to respond to the importation of petroleum…
This is the first time Museveni is speaking about the companies since the collapse of deal where Tullow Oil was expected to sell part of its interests in the Albertine Graben to Total E&P and China National Offshore Oil Company (CNOOC).
Several commentators expressed concern that CNOOC Uganda did not outline how it planned to avoid or mitigate the effects of the oil Spill on Lake Albert, its catchment areas and other ecosystems.
I am very proud of what I have been able to achieve since I was recruited as the first employee and CEO on August 1, 2016. I am most proud of the hard-working, smart and skilled Ugandans we have employed at UNOC - Dr Josephine Wapakabulo
Kadaga expressed concern that government has not done enough to prepare Ugandans for jobs in the oil and gas sector.