Uganda National Oil Company Limited (UNOC) was established under Section 42 of the Petroleum (Exploration, Development and Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission and 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.
Our overall function 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.
To be an innovative and profitable company that operates across the petroleum value chain for the benefit of all Ugandans.
To drive sustainable growth of the Oil & Gas sector through strategic partnerships and champion national participation.
Concern for the Environment.
OUR STRATEGIC THEMES
An empowered workforce focused on innovative and continuous improvement of the organization and ourselves.
Long term relationships built on synergies that deliver projects as planned, create commercial benefits, share risks and ultimately transfer knowledge and build national capacity.
Fit for purpose systems, processes, policies and procedures resulting in operational excellence (safe, efficient, effective, compliant, self-sustaining, cash flows) underpinned by international standards and practice.