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Issue 239 - 21 September 2012

Nyagak mini-hydro completed

Subscriber

The 3.5MW Nyagak hydroelectric power station was inaugurated on 14 September by President Yoweri Museveni. The long-delayed facility was built as part of the West Nile rural electrification project, the first African project to be financed in part by the World Bank’s Prototype Carbon Fund.

Uganda
Subscriber

Power distributor Umeme plans a minority listing of its shares on the Uganda Securities Exchange and Nairobi Securities Exchange this year, subject to approval from market regulators. The company is 100% owned by emerging markets private equity firm Actis. Reuters said some 20% was expected to be floated

Kenya | Uganda
Free

While there is still much more exploration work to be done, Kenya’s discovery of oil is important for more than just national pride. The find, announced in April by Block 10BB operator Tullow Oil, is a significant stabilising factor for regional development as it enables the East African Community (EAC)’s main economic and political power to take a seat at the table alongside its hitherto luckier neighbours.

Kenya | Uganda | Tanzania
Issue 232 - 01 June 2012

Sterling’s Thomson joins Tower

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Tower Resources has named Sterling Energy co-founder Graeme Thomson as its new chief executive. Tower pulled out of Ugandan block EA5 after three dry wells but still has three blocks in Namibia, as well as interests in the disputed Western Sahara

Namibia | Uganda | Morocco
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Kenya’s onshore promise has prompted Tullow Oil to accelerate its drilling programme, and results could prove decisive in settling long-standing disputes over development plans for neighbouring Uganda, but international boundary disputes between Kenya and Ethiopia could pose a risk down the line, writes Adrian J Browne

Kenya | Uganda | Ethiopia
Issue 228 - 30 March 2012

Tullow gives Uganda update

Free

Tullow Oil expects to start small-scale production from its Ugandan fields in late Q4 12 and will drill 20 wells there this year

Uganda
Subscriber

Tullow Oil’s Kenya Block 10BB well results have potentially huge implications for exploration in adjacent blocks 10BA, 12A, 13T, and also across the border in Ethiopia’s South Omo Block

Kenya | Uganda | Ethiopia
Subscriber

The former president of Africa Oil and Black Marlin is back in East Africa with a new company looking to farm into some of Ophir Energy’s more politically challenging assets

Somalia | DR Congo | Madagascar | Uganda
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Tullow Oil’s sale of two-thirds of its Uganda assets to Total and CNOOC has finally been completed. The long-awaited $2.9bn deal, which was initially announced in 2010, follows the recent signing of new production- sharing agreements between Tullow and the government and the granting of the Kingfisher production licence (AE 225/1). It is expected that early small-scale oil and gas production for the local power market will start in 2013 from the Nzizi, Mputa and Waraga fields in the Kaiso-Tonya area, with the partners now anticipating that major production from the Lake Albert Basin will start in 2016. A basin-wide plan of development will be put before the government for approval later this year.

Uganda
Subscriber

Tullow Oil has finally signed agreements paving the way to bring in Total and CNOOC as partners and move ahead to first oil. But the various political and economic debates accompanying the development are moving into a fresh phase with the tabling of new oil laws

Uganda
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The long-awaited first phase of Bujagali is finally supplying the grid after a number of setbacks last year, but there are fears that, even if the full 250MW capacity is reached in the next few months, a similar power crisis could recur within two years

Uganda
Subscriber

Azurite disappointment; Oando swamp rig for Shell; Total starts work on Ofon Phase 2; Shell wins Orange Basin right; Third time lucky for Tower?

Nigeria | Uganda | Congo Brazzaville | South Africa
Subscriber

The finalisation of agreements to develop Uganda’s oil discoveries remains stuck on the issue of a stabilisation clause in new production-sharing agreements (PSAs) that would protect companies from losses caused by future changes to fiscal terms

Uganda
Issue 224 - 02 February 2012

Donors fund small hydro

Free

Dutch development finance institution FMO has arranged a $24m senior loan for the financing of a 14MW run-of-the-river hydropower project at Kilembe Donors fund small hydro

Uganda
Subscriber

A government move to cut the subsidy it pays to keep electricity prices low for domestic and industrial consumers has fed into new fears of civil unrest and underlined the burden of paying for imported diesel until the Bujagali IPP eventually comes on stream

Uganda