UNOC Celebrated 10 Years Of Driving Uganda’s Transformation In The Petroleum Sector

UNOC celebrated 10 years of driving Uganda’s transformation in the petroleum sector, growing from a bold idea into a fully-fledged, high impact national oil company shaping the country’s energy future.

UNOC was created to manage the State’s commercial interests and unlock the full value of Uganda’s petroleum resources. Over the past decade, the company has built strong foundations in governance, institutions, people, and partnerships, setting the stage for long-term national value creation.

From the inaugural Board to the new leadership constituted in 2024, UNOC has benefited from visionary governance and committed management that has steered multi-billion-dollar projects, strengthened systems, and sustained institutional integrity.

Speaking at the event, our CEO Ms. Proscovia Nabbanja, said this:

UNOC’s Corporate Strategy journey, from foundation (FY2019/20–FY2023/24) to accelerated growth (FY2024/25–FY2029/30), has seen the Company:

- Establish strong institutional systems, clarity of purpose, and shareholder confidence.

- Drive key upstream projects, including Tilenga, Kingfisher, and Kasuruban exploration blocks.

- Advance critical midstream initiatives such as EACOP, Uganda Refinery, and Kabalega Industrial Park, with steady progress on infrastructure, financing, and partnerships.

I am proud of the work we have accomplished here. As we celebrate this milestone, we acknowledge that UNOC’s journey is built on visionary leadership, dedicated management, and committed teams across all departments.

Together, we continue to advance our mission: “Creating Value for Generations”, delivering sustainable growth, operational excellence, and socio-economic transformation for Uganda.

Here’s to the next decade of growth, impact, and value creation!