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TotalEnergies moves to build capacity of Ugandan SMEs to participate  in oil and gas sector

by Michael Kironde
in Business
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TotalEnergies moves to build capacity of Ugandan SMEs to participate  in oil and gas sector
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TotalEnergies EP Uganda has launched the Industry Enhancement Center (IEC), a sector-led initiative aimed at enhancing the capacity of Ugandan Small and Medium Enterprises (SMEs) to sustainably participate in the oil and gas sector.

The IEC will provide sector information, customized business advisory, training, and capacity-building services for Ugandan SMEs to enhance their knowledge and skills within the sector.

This is aimed at boosting SMEs capacity to effectively participate in the opportunities within the oil and gas supply chain as well as other sectors.

Speaking during the launch on Tuesday, TotalEnergies Uganda General Manager, Philippe Groueix underscored the need to build capacity of SMEs to participate in the oil and gas sector.

“Contractor development initiatives are key to resolving challenges that prevent maximum participation of Ugandan suppliers in the Oil and Gas industry supply chain. Some of these challenges include, knowledge of the sector, HSE practices, certification requirements, technical competencies, and financial modelling. We believe contractor development support through the IEC is crucial in mitigating these challenges hence boosting local businesses to successfully participate in the sector,” Groueix said.

He said the launch of the IEC shows their commitment towards promoting national content and shared value for the sustainable development of Uganda’s oil and gas sector and the country at large.

The Energy and Mineral Development Minister, Ruth Nankabirwa hailed TotalEnergies for the initiative.

“This initiative will empower Ugandan SMEs with the skills and resources to thrive within the oil and gas sector and beyond. By fostering local business growth, we create lasting economic benefits and position Ugandan companies as key drivers of national development,” Nankabirwa said.

To ensure it is a success, TotalEnergies has handed a three-year contract worth $2.3 million to a joint venture comprising Zoramu Consulting Group, a Ugandan Company, and Invest in Africa to establish the IEC.

“The IEC launch is important for Ugandan companies, as it creates significant potential to supply goods and services to the oil and gas industry. It will address capacity gaps that previously limited Ugandan businesses from participating meaningfully in the sector and benefiting from the significant opportunities it presents,” said  Jimmy Mugerwa, the project director.

 

 

Tags: IECTotalEnergiesUgandaUgandan newsZoramu Consulting Group
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Michael Kironde

Michael Kironde

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