SMES sign MoU with large oil and gas contractors under AfDB project on EACOP

Micro-Small and Medium Enterprises (MSMEs) have signed a Memorandum of Understanding (MoU) with Large and Medium Contractors who will be working on the East African Crude Oil Pipeline (EACOP). The MSMEs were selected from the ten (10) districts where the pipeline passes. The Petroleum Authority of Uganda (PAU) has been implementing an African Development Bank […]

Katikkiro Mayiga hails Uganda’s progress in Petroleum Development

Buganda’s Prime Minister, Charles Peter Mayiga, concluded a fruitful 3-day field visit to Uganda’s oil and gas operational areas on July 19, 2023, expressing his satisfaction with the country’s development of its petroleum resources. During his visit, he emphasized the importance of equitable distribution of the oil proceeds and highlighted the need for prioritizing the […]

PAU, oil companies launch annual world environment day celebrations focusing on the oil and gas sector

The Petroleum Authority of Uganda,(PAU) together with the licensed Oil Companies operating in Uganda have launched the annual World Environment Day(WED) celebrations focusing on environment safeguards for the Oil and Gas(O&G) sector. Beat Plastic Pollution, the theme for the celebrations was synced with the one for the international WED celebrations held on 5th June 2023. […]

Oil and Gas contractors must pay their taxes

Uganda’s tax regime was upgraded in 2008 ahead of the development and production phase of the country’s oil and gas projects. It has successfully been tested locally and internationally. Between 2010 and 2022, Uganda earned close to US$700million (approx. UGX 2.6 trillion) in Capital Gains Tax (CGT) on oil and gas transactions, after a long […]