Uganda: Oranto Petroleum Empowers Local Businesses In Oil & Gas Sector

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Oranto Petroleum has organised a tender workshop in Uganda, in partnership with the Petroleum Authority of Uganda, the Local Government Administration and KITADI consultancy to build the capacity of oil and gas businesses.

Organised in the region of the Albertine Graben where Oranto Petroleum has its Ngassa licences, the workshop was attended by over 250 participants, a majority of which were business owners and entrepreneurs.

The workshop provided information on training and capacity building in Uganda’s oil & gas sector and gave insights to participants into the best opportunities the oil sector provides in income generation across agriculture, business incubation, transportation, storage, waste management, trade and services like banking and insurance.

Critical skills in local content, enterprise development and innovation were also provided to participants.

“Oranto understands that oil resources have the potential to provide immense benefits to African nations through employment of the local workforce, and can boost local communities and generate rural transformation,” Prince Arthur Eze, Chairman of Atlas Oranto Petroleum said in a press release copied to energynewsafrica.com.

“When we hire, train, promote and give contracts to Ugandan nationals, it is a victory for the oil industry and country. We are thankful to President Yoweri Museveni and the people of Uganda for working closely with the oil industry to ensure we all succeed. With the work done so far by our technical teams, we are confident we will soon announce a discovery once we proceed to drilling wells in Uganda,” Prince Arthur Eze added.

Director of Strategy of the African Energy Chamber Mickael Vogel said commended Oranto Petroleum for building capacity of the oil and gas sector players in Uganda.

“The Chamber welcomes programmes like this and salutes Oranto for living up to its commitment to the Ugandan people and local content. The Chamber wants to support companies that contribute in enabling Uganda’s workforce and supplier development, and collaborating with the government to support the growth and success of Uganda’s new energy industry,” he said.

Oranto Petroleum was awarded the Ngassa licence in October 2017 and has been making steady progress on its work programme since then. This notably includes the completion of the ESIA studies, seismic acquisition, and the Lake drilling solution study.

The company now plans to drill in the next two years and is encouraging local companies to be ready to participate in drilling support activities.

Source: www.energynewsafrica.com