Local and Global Expert Speakers
Networking Opportunities

Uganda with its strategic geographical position in the Eastern African region is expected to attract investments of between US$ 15 to US$ 20 billion in the next 3-5 years towards the commercialization of the discovered oil and gas resources (in excess of 6 billion barrels and 500 billion cubic feet respectively) in the country. This kind of investment is close to 60% of Uganda’s current GDP and is unprecedented.

To date, tremendous progress has been made towards the realization of the commercialization plans for the oil and gas resource and hence what largely remains is the conclusion of agreements leading up to the Final Investment Decision (FID) on the part of the operating International Oil Companies (IOCs) namely; CNOOC, Total and Tullow.

Generally, the process leading up to FID has been sluggish and frustrating with far-reaching negative impacts. However, in reality, there are numerous clauses within the multitudes of agreements to be negotiated and concluded between the IOCs and the government, with each party ensuring their best interests are catered for. Furthermore, Uganda being a land-linked country, some of the discussions involve cross border negotiations with the neighbouring countries especially regarding the export route for the crude oil to the international markets. This has been in addition to addressing the gaps; such as skills, infrastructural, legal and institutional, among so many others, all which are crucial for the realization of local content.

Luckily, the biggest chunk of the preparatory work is finished and 2020 will be a major breakthrough in regards to the long-awaited moment. It is, therefore, time for renewed hope!

If oil should flow out of the ground within 36 months from the date of FID, What is the outlook of the Post FID era? What will define Uganda’s and the region’s readiness to go into oil and gas development? Will there be ready capacity for the stringent requirements to execute projects towards 1st oil? What benchmarks and synergies have been created to meet financial and technical capacity requirements in the post FID era? How much of the investment capital will be retained in the economy in the Country and in the region?

THE OIL AND GAS CONVENTION 2020

The annual Oil and Gas Convention (OGC) is organized by Uganda Chamber of Mines and Petroleum (UCMP) in partnership with the Ministry of Energy and Mineral Development (MEMD). The conference plays a critical role in creating opportunities for Uganda’s domestic and international interests since it brings together key policy and decision makers, business leaders, bankers, academia and investors from all over the world. It offers a platform for presentations, interactive panel discussions, business matchmaking, networking and exhibition of products and services.

In its 6th year, the Oil and Gas Convention (OGC2020) is scheduled for 29th to 30th April 2020 at Speke Resort Munyonyo.

The theme of the conference: is “Future Outlook: Regional Preparedness for Oil & Gas Development”

Discussions at the conference will be focused on the reality on ground post FID and for purposes of benchmarking, there will be experience sharing from countries that have gone through a pre and post FID era to help/support us appreciate the practical opportunities and challenges associated with FID.

PARTICIPATION

The conference will bring together close to 1000 stakeholders drawn from:

  • Industry Executives

  • Consultants

  • International Oil Companies

  • Local Industry Service Providers

  • International and Local Media

  • Government Policy Makers

  • Construction companies

  • Financial Institutions

  • Lawyers

  • Academia

  • Investors

  • Development partners

  • Insurers

  • Logisticians