December 16, 2017

Uganda lists 16 firms eligible to bid for oil exploration – Yahoo News

KAMPALA, Uganda (AP) — The Uganda government on Tuesday listed 16 international firms that are authorized to bid for oil exploration rights to six blocks of land near Uganda’s border with Congo. The list includes firms from Russia, the U.S., South Africa and Australia. Uganda’s first oil licensing round is being watched by activists who hope the oil blocks will eventually go to firms with strong social and environmental track records. The territory in the Albertine Graben region of western Uganda is ecologically sensitive and one of the blocks on offer lies in the Lake Edward basin inside Uganda’s Queen…

Uganda: Oil Brings Quick Cash, Dashed Hopes | Al Jazeera America

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LAKE ALBERT, Uganda — Roughly 120 miles northwest of the capital, Kampala, the asphalt road gives way to amber-colored soil and Uganda’s oil country begins. This remote region last captured the imagination of the West in the Victorian age, when gentlemen explorers arrived in search of the Nile’s source. Those adventurers are long gone, although their legacies are kept alive in the names of colonial-era hotels and resorts. Today a new breed of explorer is arriving: oil-industry employees in search of crude. After the discovery of commercially viable oil reserves in 2006, companies including London-based Tullow, the French Total and…

10th Annual Global Local Content Summit

GLCS 10th

Ministries and NOCs from Uganda, Ghana, Nigeria, Mozambique, Tanzania, Brazil, Argentina, Mexico, Trinidad and Tobago, Oman, Saudi Arabia, Kuwait and Sri Lanka are due to present their local content case studies at the 10th Annual Global Local Content Summit this September at the Pestana Chelsea Bridge Hotel, London, United Kingdom. World’s leading conference dedicated to the Local Content community to include speakers from 17 global nations and chairman from PROMINP. The conference, hosted by Oil & Gas IQ – a division of global events company IQPC – will be a unique opportunity for local content leaders to discuss the development,…