Local Oil and Gas SME meeting starts off this Thursday in Kampala

The eagerly awaited East African SME Oil and Gas Conference starts off Thursday this week, in Kampala, coordinated by Stanbic Uganda Holdings in association with Uganda National Oil Company (UNOC), the Petroleum Authority of Uganda, CNOOC, and the Uganda Investment Authority (UIA).

Cooperation will be both physical (Serena Kampala) and virtual (through zoom).

Held under the subject, investigating openings for SMEs in the Oil and Gas area, the meeting will connect the information hole among SMEs and the Oil and Gas area as identifies with business openings, which under the advancement period of the area, are assessed between $15bn—20bn.

The meeting will likewise address a portion of the difficulties looked by SMEs as far as tapping open doors in the oil area.

The meeting which unites different key partners in the oil and gas area to interface with SMEs will investigate open doors in cultivating, cooking administrations, camp administration administrations, coordinations and transportation, security, squander the board and then some.

Aside from building their organizations, participants will arrange and find solutions on recognizing business openings, providing, and financing projects for the oil and gas industry.

Tony Otoa, the CEO, Stanbic Business Incubator said: “We have chosen with our accomplices to say, how might we uphold these organizations? We need to see more cash held in the country. We need to discuss openings past Uganda, openings in the various undertakings and the greatest test to most Ugandans: admittance to fund. This is the reason the gathering is significant.” He was tending to the press on Monday in front of the meeting.

Catherine Tumusiime, the main human asset official at UNOC said, “various drives have been embraced explicitly to improve the limit of SMEs and one of them is to cooperate with the Stanbic Business Incubator to ensure that all our certified providers go through a preparation that forms their ability to ensure that they can take part in oil and gas projects.”

On her part, Eva Mpalampa, the area head oil and gas at Stanbic Bank said, “Oil and Gas is something that will drive development for Uganda, and what we might want to do is to have the option to help the SMEs, have the option to take advantage of that development in light of the fact that with that development comes various freedoms like positions and others.”