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Uganda Finalizes $7 Billion FID for Oil Projects – $1.8 Billion to Local Firms

Uganda Finalizes $7 Billion FID for Oil Projects – $1.8 Billion to Local Firms

by medicugcom | Apr 30, 2013 | Uncategorized

On February 1, 2022, Uganda achieved one of the most significant milestones in its energy history by announcing the Final Investment Decision (FID) for its long-awaited oil development projects. This moment unlocked a cascade of economic opportunities, valued at over...
Uganda Seeks Investors for $2.5B Refinery – Paving the Way for Oil Independence

Uganda Seeks Investors for $2.5B Refinery – Paving the Way for Oil Independence

by medicugcom | Feb 25, 2013 | Uncategorized

In 2013, Uganda announced plans to construct a $2.5 billion oil refinery in Hoima, marking a pivotal moment in the nation’s journey toward energy self-sufficiency. This ambitious project aimed to transform Uganda from a crude oil exporter to a refined petroleum...
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