Uganda National Oil Company (UNOC) Limited was incorporated under the Company’s Act of 2012 as limited liability company wholly owned by the Government of Uganda.
The Company has a commercial role to play across the petroleum value-chain and plans to grow into an oil and gas entity with local and international presence. UNOC also aims at increasing participation of Ugandans in the oil and gas sector through employment and provision of goods and services.
Our vision is to be an innovative and profitable company that operates across the petroleum value chain for the benefit of all Ugandans. Our mission is to drive sustainable growth of the oil and gas sector through strategic partnerships and championing national participation.
We have developed our business strategy to achieve our vision and mission based on three strategic themes:
Invest in People: An empowered workforce within UNOC and all UNOC Joint Ventures and Subsidiaries focused on continuous improvement of themselves and the company.
Partner strategically: Long term relationships built on synergies that deliver projects as planned, create commercial benefits, share risks and ultimately transfer knowledge and build national capacity.
Build the Business: Fit for purpose systems, processes, policies and procedures resulting in operational excellence (safe, efficient, effective, compliant, self-sustaining cashflow) underpinned by international standards and best practice.
UNOC will ensure that every business venture we engage in maximizes return for our shareholders and contributes to enhancing participation of Ugandans in the sector.
I look forward to continue working with all our valued stakeholders and business partners to grow our business and fast track oil production in the areas under development as we aim at opening new ventures in exploration.
UNOC – Your Partner in Uganda’s Oil & Gas Industry!
Ag Chief Executive Officer