UNOC Seeks Partner for Kasuruban Exploration Block

July 9, 2025

2 minutes read

UNOC

The Uganda National Oil Company (UNOC) is actively seeking a joint venture partner to assist in operating the Kasuruban exploration block in western Uganda, a company spokesperson announced on July 9, 2025.

The state-owned firm acquired the 1,285-square-kilometre block in 2023 following a production sharing agreement (PSA) with the government, marking a significant step in Uganda’s oil exploration efforts.

Details of the Partnership

UNOC spokesperson Angella Ambaho confirmed the search for a partner but did not disclose the equity share the company is willing to offer.

The PSA, initially signed for two years, allows for two additional two-year renewals, with the most recent renewal occurring in March 2025.

Ambaho outlined plans to process existing geophysical and geological data, gather new data, and drill at least one exploration well within the next two years, signaling an aggressive timeline for development.

Broader Context and Projects

UNOC’s move into the Kasuruban block builds on its existing 15% stakes in the Tilenga and Kingfisher production projects, where it partners with France’s TotalEnergies and China’s CNOOC.

These projects are on track to begin commercial crude oil production in 2026, positioning Uganda as an emerging player in Africa’s oil sector.

The Kasuruban venture represents an expansion of UNOC’s portfolio, aiming to leverage its growing expertise and infrastructure.

Implications and Outlook

The search for a joint venture partner suggests UNOC is looking to share the financial and technical burdens of exploration, a common strategy in high-risk oil ventures.

While the lack of equity details keeps potential partners guessing, the company’s established partnerships and upcoming production milestones could attract interest.

However, the ambitious two-year drilling timeline raises questions about funding, expertise, and regulatory hurdles, especially given Uganda’s history of delays in its oil sector due to environmental and community concerns.

 

OPEC+ Considers Larger Oil Output Hike for August

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Related Links

BOI Unveils 7% Loan Scheme for West African Women Entrepreneurs to Boost Trade

The Bank of Industry has announced that its Guaranteed Loan (GLO) scheme offering a 7 ...

Julius Berger Retains West Africa’s Top Construction Award for Second Consecutive Year

Julius Berger Nigeria Plc has retained its position as West Africa’s leading construction and infrastructure ...

Dozens Killed as Armed Fighters Launch Fresh Deadly Attacks in Central Mali

At least 30 people have been killed in fresh attacks carried out by suspected al-Qaeda-linked ...

France Seeks Stronger African Alliances at Kenya Summit After Setbacks in West Africa

France is set to intensify efforts to rebuild and expand its influence across Africa as ...

Features

African Union, West Africa Welcome UN Resolution Declaring Slave Trade Crime Against Humanity

The African Union has welcomed a landmark resolution by the United Nations General Assembly formally ...

Nigeria, Others Move to Launch ECOVISA to Ease Travel Across West Africa

Nigeria has joined Ghana, Senegal, Gambia, Sierra Leone, Côte d’Ivoire, Liberia, Togo and other West ...

Namibia Rejects Starlink Licence, Deepening Southern Africa Setback

Starlink, the satellite internet venture backed by Elon Musk, has suffered another setback in southern ...

ECOWAS, African Union Deepen Partnership on Infrastructure, Regional Integration

The President of the Economic Community of West African States (ECOWAS) Commission, Omar Alieu Touray, ...

Fayemi Pushes for Fairer Africa-West Deals, Urges Industrialisation and Tech Transfer

Former Ekiti State governor, Kayode Fayemi, has called for a major reset in Africa’s economic ...

ECOWAS Moves to Establish Regional Open Data Framework to Strengthen Digital Governance

The Economic Community of West African States (ECOWAS) has taken a major step toward improving ...

Youth in Oil-Rich Congo Struggle With Poverty, Seek Economic Change

  Despite being one of Africa’s major oil producers, the Republic of the Congo continues ...

World Bank Approves $137m Programme to Expand Broadband, Digital Jobs in West Africa

The World Bank Group has approved a $137 million regional programme aimed at expanding broadband ...

Latest News

Today in History

The U.S. Post Office handles 43 percent of the world’s mail.

Exchange Rate Per Dollar

AM Armenian Dram368.4477
GH Ghana Cedi11.6883
GM Gambian Dalasi73.7238
GN Guinea Franc8,768.8
NG Nigerian Naira₦1,359.43
CF CFA Franc BEAC567.8708
10 Jun · CurrencyRate · USD
CurrencyRate.Today
Check: 10 Jun 2026 05:45 UTC
Latest change: 10 Jun 2026 05:35 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?