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    Uganda Oil: Uganda Defends Absence of ‘Super Majors’ in Oil and Gas Sector

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Summary

Ministry of Energy and Mineral Development official Peninah Aheebwa has defended the lack of super-majors in Uganda's first licensing round

by: Erica Mills

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Press Notes, Africa

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Uganda Oil: Uganda Defends Absence of ‘Super Majors’ in Oil and Gas Sector

The Principle Petroleum Officer at Uganda Ministry of Energy and Mineral Development Peninah Aheebwa has said that the absence of Super Majors in nations Oil and [gas] industry is not a sign of stagnation and ineffectiveness.

Aheebwa was responding to criticism which appeared in the Observer newspaper following the listing of companies registered in the First Licensing Round for Petroleum Exploration, Development and Production of six block in the Albertine graben.

Read the full article HERE.

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