Examining The Challenges And Opportunities In Enforcing The Local Content Policy In The Oil And Gas Industry In Uganda
This publication was authored by: Godwin Matsiko Muhwezi
Abstract / Summary
Despite its nascent history, the Exploration and Production (E&P) sector in Uganda has experienced tremendous speculation, ambitious prospecting and significant farm downs. For the most part, this trend has been dominated by foreign players who even when they have exited the market have been succeeded by other foreign oil companies. Given the capital-intensive nature of the upstream industry, it is not surprising that not many local professionals and service providers have broken into the E&P market. It is safe to assume that most companies and individuals had prepared for the labour support functions expected to tap in when production starts.