The Uganda National Oil Company (UNOC) has announced a campaign dubbed ’90 Days of Oil and Mining’, which is aimed at sensitizing the public and all stakeholders about Uganda’s oil and gas sector.
The campaign, which UNOC is running in conjunction with the Ministry of Energy and Mineral Development, is aimed at enlightening the public about the Journey of Uganda’s Oil & Gas Sector, its Linkages, and Readiness for accelerating Development in the country.
It will also focus on Uganda’s mining industry plus how it can be harnessed to enhance development while impacting less on the environment.
It is an interactive forum that is set to be unveiled on NBS TV on Wednesday August 26th, 2020, at 10:00Am, during which officials from UNOC, the Ministry of Energy and other stakeholders will answer questions about the sector that will be coming in from the general public.
We have since established that UNOC will run the campaign together with sector stakeholders like Total, CNOOC, Tullow Oil, Uganda Chamber of Mines and Petroleum, Petroleum Authority of Uganda, among others.
Uganda National Oil Company Limited (UNOC) was established under Section 42 of the Petroleum (Exploration, Development, and Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission, and Midstream Storage) Act, both of 2013. UNOC was incorporated under the Companies’ Act of 2012 as a limited liability company wholly owned by the Government of Uganda.
Our overall function is to handle the Government of Uganda’s commercial interests in the petroleum sector and to ensure that the resource is exploited in a sustainable manner.
UNOC is also mandated to investigate and propose new upstream, midstream and downstream ventures initially locally and eventually internationally. In line with this mandate, UNOC plans to start new upstream ventures and is currently reviewing data relating to some prospects in Albertine Graben. In addition, UNOC has ongoing and future midstream and downstream operations.