Uganda Shortlists 17 Firms for Oil Exploration

August 11, 2015 3:41 pm0 comments by:

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KAMPALA 11th AUGUST, 2015: The Government of Uganda has concluded the evaluation of Applications for qualification from the 17 firms that submitted applications for petroleum exploration.

Dr. F.A Kabagambe-Kaliisa, Permanent Secretary of the Ministry of Energy & Mineral Development, said: “16 of the 17 firms that submitted the Applications met the evaluation criteria as spelt out in the request for qualification document and will therefore proceed to the Request for Proposal stage of this licensing round.

According to Kabgambe the firms were evaluated based on their technical competence, financial capabilities, legal qualifications as well as National Content and Health Safety and Environment track record.”

The 16 successful firms are:
1. African Global Resources (JV comprising of Telconet Capital Limited, RT-Global Resources LLC and JSC Tatneft), Russia
2. Petrica Energy AS, Norway
3. Armour Energy Limited, Australia
4. Oranto Petroleum International Limited, Nigeria
5. Tullow Uganda Operations Pty Limited, Ireland
6. Rift Energy Uganda Limited, Canada
7. African Exploration Venture (JV comprising of Rapid Africa Energy Pty Limited and Africa Energy SA Corp), South Africa
8. Niger Delta Petroleum Resources Limited, Nigeria
9. Glint Energy, LLC, USA
10. Oil and Natural Gas Corporation Videsh Limited, India
11. SASOL Exploration and Production International Limited, South Africa
12. Brightoil Petroleum (Uganda) Limited, Hong Kong/China
13. Petoil (Uganda) Limited, Turkey
14. Swala Energy (Uganda) Limited, Australia
15. Waltersmith Petroman Oil Limited, Nigeria
16. MDC Oil and Gas Holding Company, LLC, United Arab Emirates

A statement from the ministry says it will in due course issue the Request for Proposal (and the Modal Production Sharing Agreement documents to the qualified firms to bid for blocks or a block of their interest after the mandatory acquisition of data in the blocks or a block through the physical Data Room at the Directorate of Petroleum in Entebbe. The six biddable blocks comprise of the Ngassa (410 Km2) in Hoima District, Taitai & Karuka (565 Km2) in Buliisa District, Ngaji (895 Km2) in Rukungiri & Kanungu Districts, Mvule (344 Km2) in Moyo and Yumbe Districts together with Turaco (425 Km2) and Kanywantaba (344 Km2) in Ntoroko District.
Uganda’s oil inventory that has so far been discovered stands at 6.5 billion barrels.

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