26/01/2023
President Museveni appreciates BKK officials
President Museveni yesterday hailed Ugandan scientists that technically advised the government about the decisions it made about the oil industry.
The officials include the BKK chairperson of the Royal Commission Omujwarakondo Dr Kabagambe Kaliisa Ateenyi and the BKK Prime Minister Owek Andrew Byakutaga Ateenyi.
The two officials are Petroleum geologists who were among a team of Ugandan scientists the President supported to study oil.
The Premier participated in initial surface geological mapping studies to determine the petroleum potential of the Albertine basin while Dr. Kaliisa not only participated in geological studies but led several technical studies which among others included developing the legal, policy and institutional frameworks that are governing the oil sector today. He among others served as a Project Coordinator of the Petroleum exploration and production performance which would later become a department where he was a commissioner and later a director. He also served as a permanent Secretary in the ministry of energy and mineral development. He is currently a Senior Presidential Advisor on oil and gas.
Speaking shortly after commissioning the drilling of Kingfisher oil field, the President said a few days after capturing power in 1986, officials from Shell BP approached him seeking to sign oil deals with Uganda.
The President said he turned down the offer because at that time, Uganda did not have technical people to advise government about the oil industry.
He instead sent a team of Ugandan scientists abroad for oil studies and after completing their studies, they advised the government on the decisions it has made about the oil industry.
The President appreciated the scientists and all stakeholders who have supported Uganda's oil projects.
BKK has been among the stakeholders that have supported oil developments. The Kingdom has given warm reception to oil investors and undertaken some joint programs with government and oil companies to support oil programs.
The Kingdom is an advocate of oil companies enhancing training, business opportunities and corporate social responsibility projects for the people of Bunyoro Kitara.
Some individuals and companies in Bunyoro have benefited from local content opportunities although the Kingdom is lobbying government and oil companies to increase on benefits people of Bunyoro are getting from oil as a community hosting commercial oil reserves for the country.
According to the Executive Director of the Petroleum Authority of Uganda (PAU), 92 contracts totaling to US $1 billion have been approved by the Authority for the Kingfisher project since announcement of the final investment decision in February 2022. Out of these, contracts worth US$ 270 million have been awarded to Ugandan companies mainly in areas of civil works, hospitality management, transportation and ICT.
The commissioning of the Kingfisher drilling exercise was attended by the Vice President, ambassadors of China and Tanzania, cabinet ministers, MPs, senior technocrats, district leaders, security chiefs, the clergy, members of the business community, opinion leaders, oil investors, journalists among others.
The Kingfisher Development Area is operated by China National Offshore Oil Corporation (CNOOC), one of the largest oil and gas companies in Uganda’s energy sector.
According to the Petroleum Authority of Uganda, the oil and gas resources that have been discovered in Uganda to date, are close to 6.5 billion barrels in place in the Albertine Graben. Out of the 6.5 billion barrels, we expect to recover about 1.4 billion barrels, at a peak production rate of about 230,000 barrels per day.
The Kingfisher Development Area located South of Lake Albert in Kyangwali Sub-county, Kikuube District covers an area of approximately 344 km2. The Buhuka flat area where the Kingfisher oil field is located, has eleven (11) villages.
ENDS