PETROLEUM IN UGANDA

Western Uganda has approximately 6.5 billion barrels of oil reserves, with at least 1.4 billion estimated to be economically recoverable.  French firm Total, S.A., Chinese firm China National Offshore Oil Corporation (CNOOC), and U.K. firm Tullow have production licenses to develop Uganda’s oil reserves for export.  In addition to producing and exporting crude oil, Uganda plans to build a refinery to produce petroleum products for the domestic and EAC markets.

On May 19, the presidents of Uganda and Tanzania signed an agreement over construction terms for a 1450 km heated oil export pipeline to Tanzania’s Indian Ocean Port of Tanga.  Industry insiders estimate the infrastructure required to develop Uganda’s oil reserves will begin in 2018 and cost $15 billion.

Oil & Gas Stats 2012 2013 2014 2015
Annual Imports of Petroleum Products (cubic meters) 1,214,366 1,313,350 1,438,847 1,622,516
Annual Sale of Petroleum Products (cubic meters) 1,125,472 1,152,436 1,265,288 1,443,505


Opportunities

Ancillary Services:  With upstream and midstream projects currently under front-end engineering and design, international oil companies are increasingly looking for service subcontractors including housing, road infrastructure design and construction, environmental hazard controls, and vocational training services.

Investors interested in bidding on contracts should apply at the Directorate of Petroleum’s website listed below.  Bids for 2018’s tenders are expected to go out in October, 2017.

Websites:

Petroleum Jobs & Tenders Page: http://petroleum.go.ug/resources/jobs_tenders

Directorate of Petroleum:  https://petroleum.go.ug/

Uganda Ministry of Energy and Mineral Development: www.energyandminerals.go.ug

Department of Geological Survey and Mines of Uganda: www.uganda-mining.go.ug

Leading International Oil Firms Operating in Uganda

 

China National Offshore Oil Corporation (CNOOC)

No.25,Chaoyangmenbei Dajie, Dongcheng District, Beijing 100010, P. R. China

Postal address: Box 4705, No.25, Chaoyangmenbei Dajie, Dongcheng District, Beijing 100010, P. R. China

Tel: 86 10 8452 1010

Fax: 86 10 6460 2600

E-mail: cnooc@cnooc.com.cn

Total S.A

2, place Jean Millier

La Défense 6

92078 Paris La Défense Cedex

France

Tél. : + 33 (0) 1 47 44 45 46 – See more at:

http://www.total.com/en/contact-form#sthash.zsvlezpU.dpuf

Tullow Oil Plc.

9 Chiswick Park

566 Chiswick High Road

London, W4 5XT

United Kingdom

PHONE: +44-203-249-9000

EMAIL: INFO@TULLOWOIL.COM