5, 875 Ugandans were employed in the oil and gas sector by end of 2022

A total of 6, 233 people were employed within the oil and gas sector by the end of November 2022, of which 5, 875, representing 94 per cent, were Ugandans.

This was revealed by the Minister for Energy and Mineral Development Dr. Ruth Nankabirwa, in a statement released on Uganda’s Oil and Gas sector key milestones for 2022 and outlook for 2023.

Nankabirwa explained that the exponential growth in activity and the corresponding of Ugandans’ increased investment during 2021 and 2022 has come with myriad opportunities and benefits to all citizens.

“The licensees directly employed 506 people, 70 per cent of whom are Ugandans, while their contractors and subcontractors employed 5,647 people, 97 per cent of whom are Ugandans. Compared to the estimated number of jobs, this is slightly less than half of what is expected. ,” she noted.

Similarly, Nankabirwa said that by the end of 2022, the National Oil and Gas Talent Register (NOGTR), PAU established in February 2019, had 7,695 registered talents and 117 employers.

During the same year, the statement revealed that 1,750 talents were registered on the NOGTR, representing 23 per cent of the total number of talents registered since the platform was launched.

Regarding the utilization of Ugandan goods and services, the minister added that the cumulative value of the 206 Tier-1 contracts reviewed after the launch of the projects in April 2021, stood at close to US$ 6.9 billion at the end of 2022.

“Ugandan Companies made US$1.7 billion (or 25 per cent) through direct Tier-1 contracting (US$ 958.4 million) and Tier-2 subcontractors from international companies (US$746.1 million). Close to 700 Tier-2 contractors are actively participating in the ongoing activities,” she noted.

This website has learnt from the statement that In 2022, Ugandan companies could provide goods and services worth over US$ 524 million (17.5 per cent), out of the total investment into the sector of US$ 2.995 billion at the end of September 2022.

US$ 866,853 was contracted from the host Districts of Hoima, Buliisa, Masindi and Pakwach. The projected investment for 2023 is estimated at US$1.8 billion Dollars.