In Uganda’s growing oil and gas sector, small and medium enterprises (SMEs) play a crucial role. However, accessing the necessary financing remains a significant challenge for many. This gap between financial institutions and SMEs is a pressing issue that needs to be addressed to ensure local businesses can thrive in the capital-intensive oil and gas […]

The Industry Enhancement Centre (IEC) in Kololo hosts significant Oil and Gas Business to Business Networking Events. These events mark 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. Read More: https://nilepost.co.ug/business/222287/networking-events-a-catalyst-for-sme-growth-in-ugandas-oil-gas-sector

TotalEnergies Uganda is executing two significant oil projects, Tilenga and EACOP, in the biodiversity-rich North Albertine region, home to iconic species like the Nubian giraffe and Eastern chimpanzee. The company prioritizes biodiversity protection through a landscape-based approach, launching its Biodiversity Program in June 2022 to achieve a Net Positive Impact (NPI) and ensure better preservation

The Industry Enhancement Centre (IEC) has successfully concluded its National Student Database (NSD) registration, aimed at improving student data management in Uganda. The initiative collects and stores student information across all education levels, streamlining services in the education sector. Launched earlier this year, the drive addressed long-standing issues such as inefficient record-keeping and difficulties tracking

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