Stanbic Bank hosted the fourth Oil and Gas Local Content Conference at Kampala Serena Hotel in partnership with the association of Oil and Gas Providers, Ministry of Energy, MMAKS Advocates and Deloitte.
“The country had reached a critical phase in the development of the Oil and Gas sector as it transitions from the exploration to commercial phase. To be relevant and competitive in the next phase of Uganda’s upstream development, local companies must take a long term view towards investment and plan a lot more strategically”, Edwin head of Corporate and Business banking stated.
The conference was held to give industry players a platform to exchange ideas, gain insights into the sector, look into possible oppourtunities and examine the standards required for local suppliers.