Oil Refinery
How American consortium won refinery deal despite resistance from energy officials
Ugandan officials seemed to have a vested interest in who should be awarded the contract to build the country's oil refinery, preferring Chinese companies over the eventual winner, America's Albertine Graben Refinery Consortium
Unoc benchmarking with external peers for best performance – Wapakhabulo
The Uganda National Oil Company chief executive, Josephine Wapakhabulo, has allayed fears that the oil company is trying to ‘bite more than it can chew’ with the dozen capital-intensive upstream and midstream projects on its to-do list
$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.
General Electric-led consortium signs refinery deal, upsetting energy officials
The government has signed a project framework agreement with the Albertine Graben Refinery Consortium to finance and construct Uganda's first oil refinery; the deal has left officials in the energy ministry upset
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
Uganda sets equity in crude oil refinery and pipeline projects at $700m
The two large-scale projects are expected to cost a combined $7.5bn (Shs26 trillion)
Uganda seeks to join OPEC
Energy ministry Irene Muloni has expressed the government’s wish to join the Organization of the Petroleum Exporting Countries as a full member so Uganda can tap into benefits like the stabilisation of crude oil prices
Stanbic Bank and British High Commission host UK oil and gas delegation
Stanbic Bank Uganda, in partnership with the Energy Industries Council EIC, and the British High Commission on Tuesday hosted a high-powered trade delegation from the UK
Tanzania’s Magufuli wants oil pipeline completed in less than three years
Tanzanian President John Pombe Magufuli has urged French oil major Total E&P, the lead joint venture partner on the proposed crude oil export pipeline from Hoima to Tanga, and other investors involved to mobilise at least “10 contractors” to speed up construction before 2020More Oil Refinery
UK Export Finance to provide $350m credit for oil airport
A cabinet sitting two weeks ago approved the loan request by the ministry of finance to borrow money to construct the airport
Refinery deal in limbo after Energy PS is sacked
A cloud of uncertainty hangs over Uganda's $4bn refinery tender awarded to a consortium led by a Mauritius-based private equity fund, Intra-continental Asset Holdings (IA), after Wednesday’s sacking of energy ministry permanent secretary, Stephen Isabalija
Uganda selects oil refinery investor
The government has tapped a consortium of American and Italian firms to finance and construct the $4 bn oil refinery
Government banks on SBI-Colas joint venture to construct Hoima airport
Uganda Business News understands that government signed a Memorandum of Understanding with Colas and SBI International Holdings AG (U) under a joint venture called SBC to move forward with the project so far tagged to a cost of Shs700b.
Three companies awarded design studies for Buliisa project
Total E&P Uganda, China National Offshore Oil Corp., and Tullow Uganda have launched Front End Engineering Design (FEED) studies for Exploration Area 1 (EA1) in Nwoya and Exploration Area 2 (EA2) in Buliisa district.
Russia taps another firm for consideration in refinery deal
Russia is looking for another homegrown company to finance and construct Uganda's greenfield oil refinery, following the exit of RT Global Resources, the consortium led by Rostec, a state defence and technology corporation.
Uganda to identify refinery lead investor by February 2017 — minister
Uganda expects to have identified a lead investor in its proposed oil refinery by February next year, according to energy and minerals minister Irene Muloni.
Total to acquire 10% stake in Uganda refinery
Total S.A., the French oil and gas company currently carrying out exploration activities in western Uganda, is acquiring a 10% stake in Uganda's planned oil refinery, energy minister Irene Muloni told Bloomberg.
Uganda issues eight oil production licences to Tullow and Total
The Ministry of Energy and Mineral Development has granted eight oil production licences to Tullow Uganda Operations Pty Limited and Total E&P Uganda B.V., according to a statement released by the ministry.
