Sunday, July 6, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
ADVERTISEMENT

MILESTONE! Uganda launches first oil drilling programme

by OUR REPORTER | UG STANDARD
24/01/2023
in OIL & GAS
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter
President Museveni has officiated at the spudding of Kingfisher Oilfield wells (PHOTO/Courtesy).
President Museveni has officiated at the spudding of Kingfisher Oilfield wells (PHOTO/Courtesy).

Uganda on Tuesday officially launched an oil drilling programme as it seeks to join the club of crude-producing nations with a mega-project that has incensed environmental groups.

The Kingfisher field is part of a $10 billion scheme to develop Uganda’s oil reserves under a lake in the west of the country and build a vast pipeline to ship the crude to international markets via an Indian Ocean port in Tanzania.

Related posts

Rtd General Mugisha Muntu addressing the gathering at Uganda Law Society headquarters on Thursday.

Ugandans should take a lead role towards the country’s peaceful transition

04/07/2025
158
Hon. Haruna Kasolo (seated middle) with other individuals who accompanied him at NRM offices in Kyadondo on Thursday.

Minister Kasolo nominated for NRM Vice Chairperson, Buganda Region

03/07/2025
210
The accused persons in court today.

Vandalism of Electricity Equipments: 17 charged with terrorism

02/07/2025
195

Looming unemployment: Farmers, Residents in shock as NEMA boss orders the demolition of multi million chicken farm

30/06/2025
329

“The president (Yoweri Museveni) has officially commissioned the start of drilling campaign on the Kingfisher oilfield,” the Petroleum Authority of Uganda (PAU) said on Twitter, describing the development as a “milestone”.

Uganda’s first oil is expected to flow in 2025 — almost two decades after reserves were discovered in one of the world’s most biodiverse regions.

The Kingfisher field, operated by the state-owned China National Offshore Oil Corporation (CNOOC), is expected to produce 40,000 barrels of oil per day at its peak, PAU said.

“We are excited as a country and Africa,” Energy Minister Ruth Nankabirwa told reporters.

Uganda has started crude oil production at Kingfisher Oil fields
Uganda has started crude oil production at Kingfisher Oil fields

The discovery of oil at Lake Albert in 2006 sparked high hopes of an economic boost for Uganda, a landlocked East African country where many live in poverty.

There are an estimated 6.5 billion barrels of crude under the lake, of which about 1.4 billion are recoverable. The reserves are expected to last up to 30 years, with production peaking at 230,000 barrels a day.

The overall project is being jointly developed by CNOOC as well as France’s TotalEnergies, along with the state-owned Uganda National Oil Company.

However, the plans to tap the oil at Lake Albert, a 160-kilometre (100-mile) long body of water separating Uganda from the Democratic Republic of Congo, have run into strong opposition from rights activists and environmental groups.

They say it threatens the region’s fragile ecosystem and the livelihoods of tens of thousands of people.

The fields are located in several natural reserves, one of which extends to Murchison Falls, the country’s largest national park.

The government has vowed to plough ahead with the scheme despite the opposition and calls by the EU parliament last year for it to be delayed over rights concerns.

Uganda last week issued a licence for the construction of a $3.5 billion heated pipeline that will run from Lake Albert to the Tanzanian port of Tanga. At 1,443 kilometres (900 miles), it is set to become the longest of its type when completed.

The licence was granted to the East African Crude Oil Pipeline Company Ltd, which is 62 percent owned by TotalEnergies. The state oil companies of Uganda and Tanzania hold 15 percent each, with the remainder owned by CNOOC.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: FeaturedHoima International AirportKingfisher Oil drillingUganda starts Oil drillingUganda starts Oil drilling at Kingfisher

Related Posts

The first batch of coated line pipes for the East African Crude Oil Pipeline arrives in Kyotera District, Uganda, marking significant progress in the $5 billion project
ANALYSIS

2024: Uganda’s Oil Sector Marks Significant Progress Amidst Challenges

by LILIAN MUWONGE | UG STANDARD REPORTER
31/12/2024
0
209

Mr Martin Tiffen - Managing Director_ EACOP Company leads a tour of the coating plant facility KAMPALA, Uganda — As...

Read moreDetails

Africa leads on energy reform, sparking green power surge ahead of COP27

27/07/2022
150
Nj Ayuk is the founder and chief executive officer of the Centurion Law Group, a Pan-African Corporate Law. He is the Executive Chairman of the African Energy Chamber (PHOTO/Courtesy)

Africa should embrace its fossil fuels – including coal – to secure Africa’s energy future

19/03/2025
168
The State of African Energy 2025 Outlook provides an overview of the dynamics of Africa’s involvement in the global LNG sector

Africa’s Role in Global Liquefied Natural Gas Markets: Potential and Risks

11/02/2025
219
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4367 shares
    Share 1747 Tweet 1092
  • How to Renew Your National ID Online: NIRA Pre-Registration Portal 2025 Guide

    3966 shares
    Share 1586 Tweet 992
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2663 shares
    Share 1065 Tweet 666
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3323 shares
    Share 1348 Tweet 823
  • How to Check PLE Results 2024 on Phone, Online

    1783 shares
    Share 713 Tweet 446
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1650 shares
    Share 660 Tweet 413
  • MPs clear govt to cancel 2020 academic year

    2796 shares
    Share 1150 Tweet 686

Recent Articles

Stanbic Donates mama kits in run up to World Population Day

05/07/2025
KCB Bank Uganda launches "Kyaddala ne KCB" campaign to reward savers with school fees, shopping vouchers, land, and more, fostering financial wellness nationwide.

KCB Bank to give out school fees, shopping vouchers to savers in new campaign

05/07/2025
Luis Alfredo Pérez, Yara Executive Vice President for Africa and Asia giving his address at the launch of Agri-hub

Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo

05/07/2025
During a meeting held at SHIPU offices in Kampala, Col. Nakalema assured the delegation of the Eritrean investors led by Mr. Samuel Tsegoi, the Managing Director of Concord Apartments, that President Yoweri Museveni “is always directing to ensure that we are supporting the investors and that their investments are well protected.”

Col. Nakalema, KCCA intervene to protect Eritrean investors

05/07/2025
Mafumu Dauson joins Lugazi FC

“Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu

04/07/2025

Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

04/07/2025
Rtd General Mugisha Muntu addressing the gathering at Uganda Law Society headquarters on Thursday.

Ugandans should take a lead role towards the country’s peaceful transition

04/07/2025

Recent CommentsRecent Comments

  • The Journey of Ibrahim Traoré on How President Ibrahim Traoré’s ambitious vision is driving Burkina Faso’s economic growth push
  • Ugandan Scientists Finalists For European Inventors Prize — Press Uganda on Ugandan scientists finalists for European inventors prize
  • Government Pumps UGX1 Trillion Into UDB To Drive Industrialization, SME Growth — Press Uganda on Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
  • PS Ggoobi Tips On Building USD 500b Economy — Press Uganda on PS Ggoobi tips on building USD 500b economy
  • Museveni Meets German Envoy Matthias Schauer After Subversion Claims — Press Uganda on Museveni meets German envoy Matthias Schauer after subversion claims

UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • Stanbic Donates mama kits in run up to World Population Day
  • KCB Bank to give out school fees, shopping vouchers to savers in new campaign
  • Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo
  • Col. Nakalema, KCCA intervene to protect Eritrean investors
  • “Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu
  • Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

OpED

HELLEN MASIKA: From Darkness to Solar Light in Kijumba 

Why de-register a Motor Vehicle in Uganda: and Consequences of Non-Compliance

Challenges of taxing law firms in Uganda

SHEILA ABOTH: Maternal healthcare must be everyone’s business because it takes a village

DARIUS NIWAHA KISHAHO: Securing Health After Retirement: Why a Post-Retirement Medical Cover is a Necessity, Not a Luxury

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d