Uganda | Egypt Oil & Gas - Part 7
Uganda shortlists 17 firms for bidding on exploration blocks
The Ugandan government said on Wednesday it had shortlisted 17 oil companies to bid for six exploration blocks in the east African nation, which has found commercial quantities of oil and aims to pump crude in 2018. U...
Uganda Invests in Hydropower
Uganda’s government suspended plans for a debut sale of Eurobonds to fund infrastructure projects because the stronger U.S. dollar has made it more expensive to borrow, the Finance Ministry said. “We were planning to ...
Dubai’s Access Infra to Launch Power Projects in 17 African Countries
Access Infra Africa, a Dubai-based company, will launch what it says will be Africa’s largest privately-owned solar plant in Uganda this year, part of plans to develop electricity projects in 17 African countries, mai...
Mexico Supports Algeria’s Bid to Cut Oil Output
Mexico supports Algeria’s initiative to encourage dialogue between OPEC and non-OPEC countries in a bid to begin collective action that would help stabilize oil markets through a coordinated production cut, Alge...
Africa’s Oil Reserves Still Profitable After Pricing Crisis
African oil explorers will keep drilling in select locations such as onshore east Africa and less complex projects off the West African coast even with oil at $60 a barrel, executives and analysts told Reuters. But th...
Congo Seeks Share of Uganda’s Crude Export Pipeline
The Democratic Republic of Congo wants to participate in the development of the proposed crude oil export pipeline on the Ugandan side of the Lake Albertine rift basin, Uganda’s energy and minerals minister said on We...
Uganda Offers Oil Bidround, Ending a Nine-Year Hiatus
Uganda has launched an oil-exploration licensing round for six blocks in its Lake Albertine Rift basin, ending a nine-year freeze on new licensing in its fast-growing energy sector. The blocks on offer through an open...
RT Global Resources Signs Uganda Refinery Contract
The Russian firm leads the consortium that has been chosen to build and operate Uganda’s USD 2.5bn Hoima oil refinery project, according to the African nation’s oil ministry yesterday. The Russian firm leads the conso...
