The Senior Management Committee of Operation Wealth Creation (OWC) has concluded a two-day assessment tour of key petroleum, industrial and agricultural projects in the Albertine Graben, focusing on investment progress, infrastructure development, environmental safeguards and local economic empowerment.
The delegation was led by the OWC Deputy Chief Coordinator, Brig Gen Godfrey Muwanguzi, who emphasized the need for investors and implementing agencies to adhere to project timelines and ensure accountability in the use of government resources.
The assessment covered major oil developments, including the Tilenga project in Buliisa District operated by TotalEnergies, and the Kingfisher Oil Field in Kikuube District operated by CNOOC Uganda Limited.
At the Kingfisher Central Processing Facility, the Committee was briefed on ongoing drilling operations, crude oil processing, waste management systems and mitigation measures put in place to address environmental risks.
The team was also briefed on the progress of the East African Crude Oil Pipeline (EACOP), the 1,443-kilometre pipeline that will transport crude oil from Uganda’s oil fields in Hoima and Kikuube to the Port of Tanga in Tanzania for export.
In Hoima District, the Committee reviewed the 2025 Master Plan for the Kabaale Industrial Park, which is earmarked as a hub for petroleum-related industries, manufacturing and value addition. Officials also provided an update on the proposed Uganda Oil Refinery, with Government targeting a Final Investment Decision (FID) by February 2027.
The delegation further assessed the role of Kabaale International Airport in facilitating petroleum and industrial development in the region, particularly in logistics, equipment movement and investment support.
The tour also included a visit to the Kaseeta Modern Ecological Demonstration Farm in Kikuube District, where the Committee evaluated how modern agricultural practices, value addition and improved market linkages can enhance household incomes and strengthen local participation in the regional economy.
According to OWC, the assessment underscored the interconnection between petroleum development, industrialization and agriculture in transforming livelihoods in the Albertine region.
The exercise concluded with a call for timely implementation of projects, prudent management of public resources, strict adherence to environmental protection standards and the strengthening of value chains to maximize the benefits of the ongoing investments in the Albertine Graben.
