It is crucial that Ugandans get to know how the sector is progressing since FID was taken the Join Ventures companies in February 2022
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The skyline in the oil and gas operational areas has greatly changed since 2022 when FID in February 2022
All is set for the fifth annual
national Content Conference to be hosted at Speke Resort Munyonyo. The conference
hosted by the Petroleum Authority Uganda (PAU) is expected to showcase Uganda’s
Oil and Gas achievements since the final investment Decision (FID).
The FIDannouncement signified the commitment
of the oil companies to invest close to US$ 10 billion to develop Uganda'soil and gas resources.
The FID provided huge opportunities for each and
every Ugandan business whether directly in sector areas such as construction,
camp management and drilling.
Gloria Sebikari, Manager Corporate Affairs at the
PAU said 13000 Ugandans are employed in the sector, and local companies have
secured contracts worth USD 1.7 billion since FID.
The event running from running from the 28th to 29th
November 2024 Under the theme “Advancing
National Content in the Oil and Gas Sector, Three Years After FID,
” It will l feature Egbert Faibille Jnr, Chief
Executive Officer of the Petroleum Commission of Ghana, as the keynote speaker.
With a wealth of experience in advancing local content in Ghana, Faibille will
share transformative insights on how Uganda can maximise opportunities in its
oil and gas sector while fostering sustainability and inclusivity.
Speaking about the event, Betty Namubiru, the Manager National Content at the
Petroleum Authority of Uganda it will provide a meeting point for oil and gas executives and decision makers who are
driving the oil and gas sector.
“Where
the industry’s best experts are sharing insights into what made them succeed
and where you have sector leads ready to help guide you through how to tap into
the numerous opportunities that are created by Uganda’s oil and gas sector” said
Namubiru whose job is to ensure that Ugandans benefit from oil and gas resource
developments.
Namubiru
observed that the event is the region’s most significant oil and gas National
Content conference bringing a wealth of expertise harnessed over the years and
will focus on sharing lesson learned, upcoming opportunities and finding
solutions to industry challenges.
The
conference also provide a one stop center where international oil companies,
contractors, policy makers, financial institutions and local companies will
come together under one roof to discuss opportunities to maximize national
participation in the oil and gas sector.
This year’s
conference particularly come as Uganda plans to open up new oil and gas field
for the so called third licensing round expected next year.
According
to Namubiru, the conference targets the stakeholders across the entire oil and
gas value chain.
“And promises
to be an experiential platform that creates a level ground for all companies supplying and interested in the oil
and gas sector to converge and
discuss upcoming opportunities for supplying the oil and gas sector, employment
and skilling opportunities, technology transfer and the role of enterprise development in
preparing companies to tap into the opportunities in Uganda’s oil and gas
sector, “she said.
International
oil companies are expected to share a
breakdown of the opportunities that will be tendered and
advertised over the next years. This is crucial
for interested companies to prepare to participate when
the next round of tendering process begins.
Introducing
the Second National Content Awards 2024
As part
of this conference, the PAU will hold the second edition of the
National Content Awards 2024. These awards are dedicated to the full spectrum
of national content, honouring the companies and entities participating in the
O&G industry.
The
awards celebrate the highest levels of achievement by companies operating in
the oil and gas industry in Uganda. A national content award is the highest
national mark of excellence and dedications to ensuring that Ugandans and Ugandan entities benefit
from the oil and gas sector activities in Uganda.
The categories this year include;- Skilling
Award , Technology transfer award , Supplier development program of the year , CSR
of the year Award , Inclusivity award , Greening and sustainability award and National
content partner of the year.
National
Content in figures:
Current
statistics indicate that the oil and gas sector directly employs approximately
14,000 people, with 91% being Ugandans. This figure is expected to peak at
around 15,000 next year, maintaining the same proportion of Ugandan workers,
before gradually declining as the sector transitions from the construction
phase.
Contracts
for Ugandan companies Since the Final Investment Decision (FID). Ugandan
entities have made significant progress in securing contracts for the supply of
goods and services in the oil and gas sector. Contracts awarded to Ugandan
companies are expected to peak this year (2024), reaching approximately USD 250
million.
As the sector transitions from construction to operation, this figure
is projected to decline. This reflects the sector's ongoing commitment to
promoting local content and ensuring that Ugandan businesses benefit from the
sector’s economic opportunities.
atest
forecasts on employment for EACOP $ 19,366,555 At the peak of the East African
Crude Oil Pipeline (EACOP) construction phase, the workforce is expected to
reach approximately 3,000 personnel.
Currently,
EACOP directly employs 157 staff, with 14 being expatriates, highlighting the
significant involvement of local talent in the project. This workforce
expansion aligns with the broader commitment to maximize local employment in
Uganda’s oil and gas sector, particularly during the construction phase. Most
of the workers on the EACOP project will be accommodated in five camps across
Uganda.
The
Kabaale camp in Hoima will host up to 300 personnel, the Kakumiro camp will
accommodate 400, while the Mubende camp will house 433 workers.
In Sembabule,
the camp will host 478 people, and the Kyotera camp will provide accommodation
for 300 personnel.
These
camps are strategically located to support the workforce during the
construction phase of the pipeline.
Since
2022, EACOP has invested USD 600m towards the training and capacity building of
Ugandans, as part of its total commitment of USD 2.8 million.
This
investment reflects EACOP’s ongoing efforts to enhance the skills and expertise
of the local workforce, ensuring that Ugandans are well-prepared to take on key
roles in the oil and gas sector as the project progresses
