{"id":71172,"date":"2024-04-15T17:37:44","date_gmt":"2024-04-15T17:37:44","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil"},"modified":"2024-04-15T17:47:13","modified_gmt":"2024-04-15T17:47:13","slug":"shs23b-spent-on-building-local-capacity-to-manage-oil","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil","title":{"rendered":"Shs23b spent on building local capacity  to manage oil"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Uganda. <\/strong><\/span><b>At least $6m (Shs22.8b) was dedicated on building the capacity of Ugandans to manage the oil and gas wealth during 2023, according to Mr Ernest Rubondo, the Petroleum Authority of Uganda executive director.<\/b><\/p>\n<p>Speaking during the first sectoral linkages conference for oil and gas sector in Kampala organised by the Petroleum Authority of Uganda, Mr Rubondo said efforts to bolster human capital development were evident through robust training initiatives undertaken by both licensees and contractors.<\/p>\n<p>\u201cA total expenditure of $6m was dedicated to training Ugandans across various disciplines, amounting to 417,507 man-hours in 2023,\u201d he said, noting that capacity building among public officers had benefitted 51 individuals with training programmes, while 945 Ugandans had benefitted from internships and specialised training opportunities.<\/p>\n<p>Mr Rubondo, who was responding to a request by Dr Valerie Marcel, the Chatham House associate fellow, energy, environment and resources, who had earlier urged government and oil companies to pool resources and uplift the capacity of small and medium enterprises to participate in the oil and gas sector, said the sector\u2019s employment landscape was characterised by direct employment by licensees, contractors, and subcontractors, with a strong emphasis on engaging nationals.<\/p>\n<p>Maximising national content<\/p>\n<p>Therefore, he noted, Uganda was creating strong sectoral linkages to maximise national content in the oil and gas sector and enable diversification of the economy to ensure that the infrastructure set up for the oil and gas projects is sustained over the long term during the decline in oil and gas activities.<\/p>\n<p>\u201cSeveral countries including the United Arab Emirate and Norway, among others leveraged the oil and gas sector to develop their other sectors,\u201d he said.<\/p>\n<p>Data from PAU indicates that as of March 2024, employment in the oil and gas sector stood at 13,607, 90 percent of whom were Ugandans.<\/p>\n<p>From 2021 to date, PAU has reviewed 271 contracts worth $7.162b, of which, contracts worth $1.796b, which is 25 percent, were awarded to Ugandan companies, while procurement within the sector continues to reflect a concerted effort to promote national content and enhance local participation.<\/p>\n<p>Dr Marcel said it was a common challenge for SMEs to access capital and build up skills, which calls for concerted efforts, especially from government and partner companies to pool resources and fund the activities of SMEs.<\/p>\n<p>\u201cIf SMEs are to develop capacity-wise, oil companies need to deliberately support government by contributing to a fund. Government alone cannot be efficient,\u201d she said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/uganda\">Uganda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Uganda. At least $6m (Shs22.8b) was dedicated on building the capacity of Ugandans to manage the oil and gas wealth during 2023, according to Mr Ernest Rubondo, the Petroleum Authority of Uganda executive director. Speaking during the first sectoral linkages conference for oil and gas sector in Kampala organised by the Petroleum Authority [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":71171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,240,234],"class_list":["post-71172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shs23b spent on building local capacity to manage oil - Uganda<\/title>\n<meta name=\"description\" content=\"At least $6m (Shs22.8b) was dedicated on building the capacity of Ugandans to manage the oil and gas wealth during 20 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shs23b spent on building local capacity to manage oil\" \/>\n<meta property=\"og:description\" content=\"At least $6m (Shs22.8b) was dedicated on building the capacity of Ugandans to manage the oil and gas wealth during 20 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T17:37:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-15T17:47:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/04\/sm_1713190189.194202.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Shs23b spent on building local capacity to manage oil\",\"datePublished\":\"2024-04-15T17:37:44+00:00\",\"dateModified\":\"2024-04-15T17:47:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\"},\"wordCount\":415,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/04\/sm_1713190189.194202.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/shs23b-spent-on-building-local-capacity-to-manage-oil\",\"name\":\"Shs23b spent on building local capacity to manage oil - 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