Nigerian based petroleum giant, Oranto Petroleum has extended its local business empowerment initiative to Uganda.
In line with Oranto Petroleum’s commitment to domestic capacity building and local content development across sub-Saharan Africa, the company organised a tender workshop in Uganda in partnership with the Petroleum Authority of Uganda, the Local Government Administration and KITADI consultancy.
Organised in the region of the Albertine Graben, where Oranto Petroleum has its Ngassa licenses, the workshop was attended by over 250 participants, a majority of which were business owners and entrepreneurs.
“Oranto understands that oil resources have the potential to provide immense benefits to African nations through employment of the local workforce, and can boost local communities and generate rural transformation,” Prince Arthur Eze, Chairman of Atlas Oranto Petroleum stated.
“When we hire, train, promote and give contracts to Ugandan nationals, it is a victory for the oil industry and country. We are thankful to President Yoweri Museveni and the people of Uganda for working closely with the oil industry to ensure we all succeed. With the work done so far by our technical teams, we are confident we will soon announce a discovery once we proceed to drill wells in Uganda,” Prince Eze added.
What you should know: The workshop notably provided information on training and capacity building in Uganda’s oil & gas sector, and gave insights to participants into the best opportunities the oil sector provides in income generation across agriculture, business incubation, transportation, storage, waste management, trade and services like banking and insurance. Critical skills in local content, enterprise development and innovation were also provided to participants.
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About the company: Oranto petroleum was founded by Arthur Eze in 1993 and is the exploration arm of the Atlas Oranto Petroleum International (AOPI) Limited. The company has oil blocs across several African countries including Nigeria, Ghana, Senegal, Sao-Tome and Principe, Uganda and South Sudan.