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Energy, Oil & Gas
$1b US exports in Uganda refinery deal raises eyebrows
Uganda’s Greenfield oil refinery will cost at least $2.85b (approx Shs10trillion) of which $1b (Shs3.6trillion) will go back to the United States in export content, the Department of Commerce has revealed.
May 7, 2018
Energy, Oil & Gas
America’s General Electric and Italy’s Saipem given nod on refinery tender
America’s General Electric (GE) and Italy’s Saipem SpA from Italy will likely build Uganda’s proposed oil refinery in Hoima district after a Cabinet meeting on Wednesday evening cleared the two companies for the $4bn tender
February 8, 2018