Why is FID important?
Final Investment Decision (FID) is a decision that is reached by the partners in order to proceed with the project execution The FID is made upon the completion of various requirements that include but no limited to acquisition of appropriate environment and land authorisations, financing arrangements and completion of infrastructure designs.
What interest does UNOC have in the Tilenga and Kingfisher Projects?
The Tilenga Project is planned to develop nine (9) fields, namely; Jobi-Rii, Ngiri, Gunya, Kasamene, Wahrindi, Kigogole, Nsoga, Ngege, and Ngara. The Project will produce 190,000 Barrels of Oil per day during peak production. The crude will be treated at a Central Processing Facility (CPF) located in the northern edge of Lake Albert. The Project is considered technically mature and is only awaiting conclusion of the commercial agreement to enable the Final Investment Decisions (FID) to be taken.UNOC holds 15% participating interest in the Project. Our partners in the project are CNOOC Uganda Limited and Total E&P Uganda B.V., holding 28.33% and 56.67% respectively. Total E&P Uganda B.V is the Operator. The Kingfisher Project is planned to develop the Kingfisher, Mputa, Nzizi and Waraga fields. The Project will produce 40,000 Barrels of Oil per day during peak production. The crude will be treated at a Central Processing Facility (CPF) located in the southeastern shores of Lake Albert. The Kingfisher development wells will be highly deviated wells from onshore surface locations targeting the offshore reservoirs. Kingfisher Project is also considered technically mature and is only awaiting conclusion of the commercial agreement to enable the Final Investment Decisions (FID) to be taken. UNOC holds 15% participating interest in the Project. Our partners in the project are CNOOC Uganda Limited and Total E&P Uganda B.V., holding 28.33% and 56.67% respectively. CNOOC Uganda is the Operator.
What are the objectives of these Projects?
The overall objective of the Tilenga and Kingfisher Projects are to establish production of the oil fields in an economically prudent manner using sound reservoir management principles and best industry practice. This includes ensuring the safety of workers and the public and limiting as far as practicable adverse environmental and social impacts of the projects’ activities, enhancing the beneficial impacts, and also seeking to achieve a net gain in biodiversity and ecosystem services as relevant, in compliance with national laws.
How will the two projects contribute to the social and economic development of Uganda?
The development of the project will stimulate accelerated economic growth, job creation, and contribute towards poverty eradication and general prosperity to the people in Uganda. Anticipated benefits for the country include: 1. Increased revenue for Uganda leading to national economic growth. 2. Improved infrastructure such as roads and job opportunities (skilled and unskilled). 3. The projects are also anticipated to provide businesses with opportunities to supply goods and services to the oil companies and their conractors. 4. Improved accessibility within he projects’ areas due to upgrading of access roads and construction of new roads; 5. Direct and indirect employment opportunities. It is expected the majority of the non-skilled workforce will come from nearby villages and towns. 6. Increased demand for goods and services stimulating economic growth. 7. Development of more educated and skilled workforce through training and skills development for affected communities and project workers. 8. Community empowerment and increased community participation in decision-making.
When should we expect first oil?
First oil should be achieved about three (3) years after the Final Investment Decision (FID) has been undertaken. The FID will trigger to the project execution and construction phase of both upstream and the East African Crude Oil Pipeline Projects. All parties are fully committed and are endeavoring to achieve this in the shortest timeline possible. Together the partners and the Government have adopted a fast-track approach to the development of Uganda’s oil resources in the most efficient and robust manner.
What is the East African Crude Oil Pipeline (EACOP)?
The East African Crude Oil Pipeline is a 1,443 km crude oil export infrastructure that will transport Uganda's crude oil from Kabaale - Hoima in Uganda to the Chonoleani Peninsular near Tanga in Tanzania for export to international market. This major export system (296 km in Uganda) and 1,147 km in Tanzania) comprises of 24" insulated buried pipeline, six pumping stations, to pressure reduction stations and a marine export terminal.
What does UNOC stands for?
UNOC is an acronym for Uganda National Oil Company Limited (UNOC). The Company was established under Section 42 of the Petroleum (Exploration, Development & Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission & Midstream Storage) Act, both of 2013. UNOC was incorporated under the Companies Act of 2012 as a limited liability company wholly owned by the Government of Uganda.
What is UNOC’s mandate? What is UNOC’s strategic direction?
The mandate is to handle the Government of Uganda’s commercial interests in the petroleum sector and to ensure that the resource is exploited in a sustainable manner. UNOC's vision is to be an innovative and profitable company that operates across the petroleum value chain for the benefit of all Ugandans. The mission is to drive sustainable growth of the Oil & Gas sector through strategic partnerships and champion national participation.
What are UNOC’s core values?
UNOC core values are: • Safety First • Concern for the Environment • Continuous Improvement • Teamwork • Innovation • People-Oriented
What is UNOC’s Governance structure?
UNOC is governed through: Shareholders Board of Directors Executive Committee (Management)
Who are UNOC’s shareholders?
UNOC shareholders are: Minister of Energy & Mineral Development (51%) Minister of Finance, Planning & Economic Development (49%)
Who are the Board of Directors?
The Board of Directors is chaired by Mr Emanuel Katongole. Other Board Members are; Mr Francis Nagimesi, Eng. Irene Batebe, Mr. Francis Twinamatsiko, Ms. Stella Marie Biwaga and Ms. Zulaika Mirembe Kasajja.
Who are in the Executive Committee?
The Management Team of UNOC is headed by the Chief Executive Officer (CEO). The team is composed of Ms. Proscovia Nabbanja (CEO), Dr. Michael Nkambo Mugerwa (General Manager Uganda Refinery Holding Company Limited), Mr. John Bosco Habumugisha (General Manager National Pipeline Company of Uganda Limited), Mr. Emmanuel Mugagga (Chief Financial Officer), Mr. Gilbert Kamuntu (Chief Commercial Officer), Mr. Philip Obita (Chief Operating Officer – Upstream), Ms. Catherine Tumusiime (Chief Human Resource Officer) and Mr. Peter Muliisa (Chief Legal & Corporate Affairs Officer).
What are UNOC’s subsidiaries?
UNOC has two wholly-owned subsidiaries; Uganda Refinery Holding Company Limited (URHC) and National Pipeline Company of Uganda (NPC). URHC will hold a participating interest of up to 40% in the proposed Refinery and its attendant infrastructure such as the refined product pipeline on behalf of UNOC and the Government of Uganda. NPC (U) Limited will hold participating interest of up to 15% in the 1443 KM East African Crude Oil Pipeline (EACOP) on behalf of UNOC and the Government of Uganda. NPC will also develop, manage and operate downstream storage terminals to cushion the country from petroleum supply business.