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TERepublic November Issue 2021

A Special Edition focused on the opportunities in Uganda oil and gas industry, as the country has moved into Commercialisation, Oil and Gas Production.

A Special Edition focused on the opportunities in Uganda oil and gas industry, as the country has moved into Commercialisation, Oil and Gas Production.

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AFRICAN ENERGY STORIES

"We are also doing business in storage

terminal where we are looking for Joint

Venture partnership.

"We are also involved in downstream bulk

trading and UNOC has an operator interest

of 100%".

Jessica stressed that UNOC has developed

a National Content Strategy with Six Pillars

which comprises the Recruitment of

U g a n d a n s ; S u p p l i e r C a p a c i t y

D e v e l o p m e n t ; N a t i o n a l S k i l l s

Development; Supplier Selection;

Operation Services Capacity; Operatorship

Capacity.

She explained that UNOC is focused on

recruiting Ugandans which has enabled

the company to employ Ugandans living in

the Diaspora who are working in other

countries in the Middle East, United States,

UK, and Asia.

She confirmed that some of the Ugandans

living in the Diaspora have returned to the

country to support the development of

UNOC.

"Presently, we are 100% Ugandans. But,

we will get more expatriates for gender

diversity and inclusion.

"We have a target of employing 70%

Ugandans and 30% internationals. We

need the internationals as Uganda is a

nascent oil and gas country and we do not

have enough professionals.

"For the second pillar on Supplier Capacity

Development, this is where we are facilitating

growth and capacity building on core financial

and HSE development of national providers.

"We will carry out some supplier development

workshops. We are planning to take some of our

suppliers to Nigeria to gain more experience

and understand the supplier's business

activities.

"We have also entered MOUs with Stanbic Bank

to support suppliers and UNOC is a major player

in that aspect.

"We are entering into various partnerships so

that when the need arises for training, UNOC

will get into that training space.

"We are also working on national skills

development and this is where we are

developing the skills of Ugandans. We do formal

training in oil and gas, as we attend conferences

and other event activities.

"We are going to place our staffs to work with

IOCs operating in Uganda and other players

such as EPC contractors.

"We are benchmarking our operation

internationally to gain the necessary skills.

"For Procurement, we give preference to

Uganda companies. We are also working on

making sure our suppliers aren't just focusing

on the Uganda market but they can be able to

supply internationally".

Speaking about the Operatorship Capacity, she

said UNOC will get some exploration licenses, as it

has identified the blocks and once they have been

able to get it, UNOC will look for Joint Ventures

partners.

Uganda National Oil Company Limited (UNOC) is a

limited liability company wholly owned by the

Government of Uganda. The company's 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.

UNOC is also mandated to investigate and propose

new upstream, midstream, and downstream

ventures initially locally and eventually

internationally.

UNOC's mission is to drive sustainable growth of

the oil and gas sector through strategic

p a r t n e rs h i p s a n d c h a m p i o n n a t i o n a l

participation. It goals are organized under three

main strategic themes i.e. Invest in People,

Partner Strategically and Build the Business.

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OIL AND GAS REPUBLIC I SPECIAL EDITION

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