Uganda’s National Oil & Gas Policy is creating a wealth of opportunities for small and medium-sized enterprises (SMEs) across the country. By emphasizing local participation and capacity building, the policy aims to ensure that Ugandan businesses can tap into the vast potential of the oil and gas sector. This initiative not only promotes economic growth […]

As Uganda’s oil and gas industry grows, the need for a skilled workforce becomes critical. The Industry Enhancement Centre (IEC) carries out a transformative Oil and Gas Training Program to equip Ugandans with the technical expertise needed for this fast-evolving sector. This program, aligned with Uganda’s Vision 2040, covers key areas such as oil exploration,

The International Monetary Fund (IMF) forecasts a transformative phase for Uganda’s economy with the initiation of oil production in 2025. Economic growth is expected to surge, with Uganda’s Gross Domestic Product (GDP) projected to soar to 10.8% in the 2025/2026 fiscal year, significantly up from the previously estimated 6.2%. This remarkable growth will be fueled

The Tilenga Project, operated by TotalEnergies (56.67%) in partnership with CNOOC (28.33%) and UNOC (15%), aims to produce up to 230,000 barrels of oil per day at peak production. Over a span of at least 20 years, the Tilenga and Kingfisher oil fields are expected to yield approximately 1.4 billion barrels of crude oil. The

SME’s owners should endeavor to protect peoples’ assets and environment, manage risks but not mitigate them. Find details: https://parrotsug.com/smes-in-oil-and-gas-sector-trained-to-observe-health-safety-and-environment-standards/

French energy giant TotalEnergies has announced the expansion of its renewables portfolio with new deals in Africa. The energy company bought 100% of SN Power, a subsidiary of Norwegian renewable energy company Scatec, the company said in a statement on July 30. SN Power, in partnership with Norfund and British International Investment (BII), holds a

Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the country’s proven reserves of 6.5 billion barrels, its Energy minister said on Wednesday. Commercial quantities of crude oil were discovered in the Albertine Graben basin in Uganda’s west near the border with the Democratic Republic of Congo (DRC)

The Industry Enhancement Centre (IEC) is at the forefront of empowering Small and Medium-sized Enterprises (SMEs) in Uganda’s Oil and Gas sector. Earlier today, we had a courtesy visit from Samantha Muhwezi Kassami, the Chief Operating Officer at UNOC, accompanied by the National Content Lead, Rosette Komugisha, and National Content Supervisor, Peter Ssempebwa, both from

On July 25, 2024, the Industry Enhancement Centre (IEC) in Kololo hosted a significant Oil and Gas Business to Business Networking Event. This event marked a pivotal moment for Uganda’s oil and gas industry, bringing together key stakeholders, industry experts, and business leaders to discuss and strategize on enhancing the sector’s growth and sustainability. The

The IEC targets to provide training to 900 SME’s over the next 3 years to enable them participate in the Oil & Gas industry . Mugerwa noted that the worskshops will enhance skills, foster collaboration and drive innovation within the industry, positioning Ugandans for long term success and sustainability in the evolving Oil and Gas