Government commits to develop oil and gas sector in an efficient manner
Government has communicated its obligation to foster the oil and gas industry in the country in association with every one of the partners in a productive and successful way.
Government has communicated its obligation to foster the oil and gas industry in the country in association with every one of the partners in a productive and successful way.
The comments were made during a bidders’ gathering for the second authorizing round for petrol investigation, improvement and creation.
Government held a bidders’ meeting for the second authorizing round to give explanations to the solicitation to proposition archive, significant laws, guidelines and the Model Production Sharing Agreements (MPSA).
The meeting was held both actually at Lake Victoria Serena Golf Resort lodging and for all intents and purposes to cater for bidders who couldn’t show up truly because of impacts of Covid-19 pandemic.
Four candidates/potential bidders were given with the offering reports on January 5 2021 to work with in their bid applications.
The offering archives comprised of: demand for proposition report, Model Production Sharing Agreement, Draft Production Sharing Agreements for every one of the 5 squares, The Petroleum (Exploration, Development and Production) (Sale of Data) (Amendment) Regulations 2020, Model Confidentiality Agreement for acquisition of information.
Agents for the entirety of the four (4) qualified candidates put something aside for the joint endeavor between Petro-Afrik (Uganda) and Niger Delta Petroleum assets Limited (Nigeria) took part in the bidders gathering.
The members likewise included CNOOC Uganda Limited who collaborated with Total E&P and advised the Ministry on May 27 2021 to present a joint bid according to the arrangement in the solicitation for proposition archive which permits change of a solitary bidder to joint bidder.
Candid Mugisha, the acting official and administrator, Second Licensing Round said an outline of the oil and gas area and key parts of the Second Licensing Round gave status of enactment and institutional system in the oil and gas area and accentuated the interaction and standards that will be utilized while assessing the bid applications.
He said the nation’s oil and gas administrative and institutional structures are present day as well as financial backer cordial. He finished up by saying that execution of this Licensing Round will keep on being embraced in the most straightforward and unsurprising way.
The five biddable squares include the Avivi covering the locale of Obongi, Adjumani, Amuru and part of Arua and with an ethereal inclusion of 1026 square kilometers; Omuka covering the regions of Nebbi, Nwoya and Buliisa and with an airborne inclusion of 750 square kilometers; Kasuruban covering the regions of Buliisa, Hoima and Masindi and with an elevated inclusion of 1285 square kilometers; Turaco covering the regions of Ntoroko and with an aeronautical inclusion of 635 square kilometers, and Ngaji covering the areas of Kanungu, Rukungiri and Rubirizi with a flying inclusion of 1230 square kilometers.
Government has communicated its obligation to foster the oil and gas industry in the country in association with every one of the partners in a productive and successful way.
The comments were made during a bidders’ gathering for the second authorizing round for petrol investigation, improvement and creation.
Government held a bidders’ meeting for the second authorizing round to give explanations to the solicitation to proposition archive, significant laws, guidelines and the Model Production Sharing Agreements (MPSA).
The meeting was held both actually at Lake Victoria Serena Golf Resort lodging and for all intents and purposes to cater for bidders who couldn’t show up truly because of impacts of Covid-19 pandemic.
Four candidates/potential bidders were given with the offering reports on January 5 2021 to work with in their bid applications.
The offering archives comprised of: demand for proposition report, Model Production Sharing Agreement, Draft Production Sharing Agreements for every one of the 5 squares, The Petroleum (Exploration, Development and Production) (Sale of Data) (Amendment) Regulations 2020, Model Confidentiality Agreement for acquisition of information.
Agents for the entirety of the four (4) qualified candidates put something aside for the joint endeavor between Petro-Afrik (Uganda) and Niger Delta Petroleum assets Limited (Nigeria) took part in the bidders gathering.
The members likewise included CNOOC Uganda Limited who collaborated with Total E&P and advised the Ministry on May 27 2021 to present a joint bid according to the arrangement in the solicitation for proposition archive which permits change of a solitary bidder to joint bidder.
Candid Mugisha, the acting official and administrator, Second Licensing Round said an outline of the oil and gas area and key parts of the Second Licensing Round gave status of enactment and institutional system in the oil and gas area and accentuated the interaction and standards that will be utilized while assessing the bid applications.
He said the nation’s oil and gas administrative and institutional structures are present day as well as financial backer cordial. He finished up by saying that execution of this Licensing Round will keep on being embraced in the most straightforward and unsurprising way.
The five biddable squares include the Avivi covering the locale of Obongi, Adjumani, Amuru and part of Arua and with an ethereal inclusion of 1026 square kilometers; Omuka covering the regions of Nebbi, Nwoya and Buliisa and with an airborne inclusion of 750 square kilometers; Kasuruban covering the regions of Buliisa, Hoima and Masindi and with an elevated inclusion of 1285 square kilometers; Turaco covering the regions of Ntoroko and with an aeronautical inclusion of 635 square kilometers, and Ngaji covering the areas of Kanungu, Rukungiri and Rubirizi with a flying inclusion of 1230 square kilometers.
