Browsing Tag

oil production

Uganda Has Capacity to Become Leading Oil Producer in Africa

Wilson Kakuru Jun 10, 2021

According to Conor Ward, Oil & Gas Analyst at Global Data, The Lake Albert oil development in Uganda will be one of the largest oil developments seen in Africa in the last 20 years, expecting to recover over 1.5 billion barrels of oil.…

Aramco Launches IPO With Crown Prince’s Economic Vision at Stake

Wilson Kakuru Nov 4, 2019

Saudi Arabia is pulling out all the stops to ensure the success of Aramco’s initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world’s largest oil producer. The kingdom cut taxes on the…

Uganda Uganda expects first oil production in 2021

Wilson Kakuru Feb 1, 2019 0

Uganda expects to start producing oil by 2021 according to the Permanent Secretary of Energy and Mineral Development, Robert Kasande. This was during a workshop happening now at Serena hotel. France’s Total is an investor in Uganda’s…

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