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CNOOC CONTRACTS EXCEL TO CONSTRUCT OIL PRODUCTION CENTRE

By Steven Wandera

KIKUUBE: China Offshore Oil Company (CNOOC) Uganda limited one of the companies contracted to drill the oil in the Albertine grabben has contracted Excel construction limited to construct the facilities in the production center 1 as the company gears towards producing oil.

The company was unveiled by CNOOC’s president Chen Zhuobiao during the ground breaking ceremony for the construction of the production center at Kingfisher oil field in Buhuka village, Kikuube district on Friday last week.

Chen noted that the awarding of the contract to Excel construction limited is an indication for CNOOC’s adherence to the national content policy aimed at giving the chance to Ugandan firms to be involved and benefit from the oil industry.

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He revealed that the contractor will construct the oil well pads, access roads and water intake points among facilities.

Jim Mwine Kabeho, Excel Company’s executive director applauded CNOOC for entrusting them with the contract revealing that the work will cost them 23.2million US dollars and will be completed in 20 months period.

Speaking during the same event, the minister for energy and mineral development Ruth Nankabirwa has urged the people of Banyoro to position themselves in order to benefit from oil and gas in the region.

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Nankabirwa revealed that the country expects its first drop of oil in April 2025 and advised the people of Bunyoro to register firms and engage in agriculture so that they can be able to supply goods and services in the industry.

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The minister expressed concern that the people in other regions are strategizing and warming up for the oil and gas industry yet the local people are silent and not doing anything to prepare for the resource.

The executive director Petroleum Authority of Uganda Ernest Rubondo told the minister and the gathering that his organization is observing the local content policy in the oil industry and he encouraged the local firms to continue applying for the opportunities in the industry that he said are plenty.

The MP for Buhaguzi east Asera Itaza on his part appealed to the oil companies to give first priorities to the local firms while selecting suppliers in the oil industry to enable the indigenous people benefit from the industry.

 

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