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The Government of Uganda promotes oil and gas projects at Africa Oil Week 2018

Hon Irene Muloni, the Minister of Energy and Mineral
Development, in the Republic of Uganda will lead a delegation of private
and public-sector players from Uganda’s oil and gas sector to the
Africa Oil Week 2018 (http://www.Africa-OilWeek.com),
which will be held between 5 – 9 November, 2018 in Cape Town, South
Africa. Hon Muloni said, “Uganda is open for business and we will be
looking forward to promoting the country`s highly progressive and
lucrative hydrocarbon sector during the Africa Oil Week. Over the course
of the week, we will announce a roadmap for Uganda’s next licensing
round and offer insights into our country’s potential and operating
environment.”
Uganda is committed to developing its petroleum
sector across the entire value chain, and clear strides to move the
country’s key assets from the exploration phase into the development
phase have been made. Uganda offers opportunities for companies looking
to explore, develop and utilise its petroleum assets. The Permanent
Secretary of the Ministry of Energy and Mineral Development Robert
Kasande said, “During the Africa Oil Week, we will host private meetings
with the global private sector with a view to successfully attract
capital in every stage of our oil and gas value chain.”
Ernest
Rubondo, Executive Director of the Petroleum Authority of Uganda went on
to say, “As the regulator of Uganda’s oil and gas sector, Africa Oil
Week offers the Authority an exciting platform to provide insight into
the regulatory environment in the country and how this has been
structured to position the country as a sound investment destination. We
encourage operators, investors and service companies to attend the Oil
Week and meet with officials from the Government of Uganda and the
private sector. Uganda welcomes you to partner in what we believe is one
of the most commercially viable and prospective oil and gas
environments in the world.”
The Africa Oil Week is an important
event which continues to drive new business opportunities for E&P
companies in Africa. It presents an exclusive and dynamic network of Oil
and Gas operators in Africa. Former UK Foreign & Commonwealth
office Minister with responsibilities for Africa, the Caribbean, UK
Overseas Territories, International Energy and Conflict Prevention Rt.
Hon. Mark Simmonds added, “The commitment of the Ugandan Government to
Oil Week reflects a country on the move in the petroleum sector. Africa
Oil Week will focus on the country’s oil and gas sector during the
week.”
Dr Josephine Wapakabulo, Chief Executive Officer for Uganda National Oil Company (UNOC) also added that, “UNOC is responsible for the
State’s commercial interests in Uganda’s oil and gas sector and we see
the country’s participation at Africa Oil Week as a clear opportunity to
engage with the most prestigious global operators. UNOC will arrive at
Africa Oil Week looking for strategic partners who have the appetite,
financing, technology and capabilities to deliver equitable and
profitable projects in Uganda’s oil and gas sector.” These projects have
been identified and will be on display during the week.

Conference
Director Mr. Paul Sinclair said, “On top of the 13 confirmed ministers
who will lead delegations to Africa Oil Week, we now have a partnership
with the Government of Uganda to host a huge opportunity for the global
private sector to exclusively engage and hold private meetings regarding
oil and gas opportunities at Africa Oil Week.” This comes fast on the
back of the governments of Ghana and Congo announcing their own bidding
rounds at Africa Oil Week in November 2018. 
Africa Oil Week remains the only true industry event for the Africa’s upstream Oil and Gas sector.
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