Oranto Petroleum Signs Exploration Agreements for Two Licenses in Uganda’s Lake Albert

Oranto Petroleum has signed two production sharing agreements (PSA) in the Ngassa Shallow and Deepwater Play of Lake Albert in Uganda. Oranto Petroleum entered the agreement with the Ministry of Energy and Mineral Development for the Republic of Uganda and will hold 100% participating interests in both licenses.

“We are excited to enter this agreement with the Government of Uganda and look forward to a successful exploration period,” said Prince Arthur Eze, Chairman of Oranto Petroleum. “Lake Albert is home to some prime petroleum acreage and we hope to make a valuable contribution to the country and its people.”

The Ngassa Play comprises 410 square kilometers of shallow and deepwater acreage in Lake Albert, contiguous to major coastal petroleum discoveries. The PSA comprises a first exploration period of two years followed by a second exploration period for a maximum of two years for both licenses. Each first exploration period carries a minimum work program which includes undertaking 2D and 3D seismic shooting and reprocessing and amplitude versus offset (AVO) studies. Following the first exploration period, Oranto has the option to renew the agreement and commence a second exploration period consisting of additional seismic data acquisition, the drilling of one exploration well and the drilling of one appraisal well contingent upon the success of the first well.

Oranto Petroleum and Atlas Petroleum International are the sister companies of the Atlas Oranto Group, an African pioneer in exploring and producing oil and gas. The group owns and operates 21 oil and gas acreages in 11 African jurisdictions, including Benin, Côte D’Ivoire, Equatorial Guinea, Ghana, Liberia, Namibia, Nigeria, São Tomé and Principe, Senegal and South Sudan. Founded in 1991, the group is Africa’s largest indigenous exploration company by acreage. Learn more at www.Atlas-Oranto.com.

Distributed by APO on behalf of Oranto Petroleum Ltd.

Media Inquiries:
Olisa Eze
Olisa.Oranto@hotmail.com

Source:: Oranto Petroleum Signs Exploration Agreements for Two Licenses in Uganda’s Lake Albert

      

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Minister Muthambi presents annual reports in parliament

Minister for Public Service and Administration Honourable Faith Muthambi is leading the team within her portfolio as the Executive Authority, as they present the annual reports for the 2016/17 financial year to Parliament’s Portfolio Committee on Public Service and Administration, Performance Monitoring and Evaluation on Tuesday 10th October 2017.

The team that is presenting their Annual Reports includes;

  • The Public Service Commission (PSC)
  • The Department of Public Service and Administration (DPSA)
  • The National School of Government (NSG)
  • The Centre for Public Service Innovation (CPSI)

The team as led by the Minister has complied with the requirements as prescribed by the Public Finance Management Act (PFMA), to table the Annual Reports in Parliament by the 30th September.

The Annual Reports provide account of the financial and non-financial performance of the Minister for Public Service and Administration’s portfolio. It is also an opportunity for the Ministry and the team to demonstrate how they have effectively utilised their allocated budgets to deliver on annual performance plans.

The NSG received a clean audit on the budget vote, while the PSC, DPSA, NSG (Trading Account) and CPSI received unqualified audit opinions with findings.

The issues raised by the Auditor General in the Audit Report are already being addressed as the Minister has already ensured that audit action plans are developed, which she will continuously monitor.

Distributed by APO on behalf of Republic of South Africa: Department of Government Communication and Information.

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Source:: Minister Muthambi presents annual reports in parliament

      

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Madagascar: Red Cross training 1,000 volunteers to fight Pneumonic plague, releases global emergency funds

The Malagasy Red Cross is training 1,000 volunteers and staff to serve on the frontline of its growing response to the outbreak of pneumonic plague.

In Madagascar, cases of bubonic plague– spread between animals to humans through flea bites– occur nearly every year. The emergence of the more virulent pneumonic form is concerning and is testing existing preparedness efforts.

“This time is different. The majority of infections and deaths are from pneumonic plague which is spreading from person-to-person and our volunteers have to learn a new set of skills to fight this old disease,” said Dr Fatoumata Nafo-Traoré, Regional Director for Africa for the International Federation of Red Cross and Red Crescent Societies (IFRC).

While the Malagasy Red Cross has responded to plague outbreaks in the past, most of these have involved the bubonic form where prevention and control efforts have focused on fumigation and environmental sanitation. Pneumonic plague requires additional infection control measures because it spreads through the air between people. Madagascar’s crowded urban areas, weak health systems and poor infrastructure are contributing to the rapid spread of the disease in major cities.

“The Red Cross is one of the key actors on the ground working with the Government and international partners, and our volunteers are helping to address people’s fears by providing them with life-saving information and support,” said Andoniaina Ratsimamanga, Secretary General of Malagasy Red Cross. “We’ve mobilized more than 1,000 volunteers and are upgrading their skills on community surveillance, contract tracing and messaging to stop the spread of this terrible disease,” she added.

Pneumonic plague–a virulent form of the bacteria yersinia pestis– is fatal if not treated early with antibiotics. The World Health Organization has recently shipped in 1.2 million doses of antibiotics to Madagascar–enough to treat 5,000 people and provide another 100,000 people with prophylaxes, if they have been exposed to the disease. Personal protective equipment and access to antibiotics will be critical for Red Cross volunteers to work in communities to ensure they are protected from the disease and preventing its spread to others.

Over the weekend, IFRC released more than 360,000 Swiss francs from its Disaster Relief Emergency Fund (DREF) to support the expansion of Malagasy Red Cross community surveillance, contact tracing, water and sanitation, and vector control efforts. IFRC is also deploying infectious disease and community-health experts.

Distributed by APO on behalf of International Federation of Red Cross and Red Crescent Societies (IFRC).

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Minister Davies calls for outcomes on the outstanding issues of the Doha development agenda

The Minister of Trade and Industry, Dr Rob Davies and Deputy Minister Mr. Bulelani Magwanishe took part in the first day of the World Trade Organisation (WTO) Informal Ministerial Gathering in Morocco.

The meeting provided an opportunity for the exchange of views between the Trade Ministers invited and for the Ministers to provide guidance to the officials in Geneva on possible outcomes at the upcoming 11th WTO Ministerial Conference (MC11) to be held in Buenos Aires, Argentina, in December 2017. One hundred and sixty four (164) countries are members of the WTO and will be attending the Ministerial Conference, which is the highest decision making body in the WTO.

Minister Davies said that South Africa’s priorities are aligned to those of the African Group and the Africa, Caribbean and Pacific (ACP) Group. The priority for these groups are to finish the outstanding work of the Doha Development Agenda (DDA) including, in agriculture, to address the trade distorting domestic support subsidies being provided by mainly developed countries.

“These will remain high priorities for many developing countries and for Africa, and these priorities were re-emphasised at a recent Trade Ministers meeting at the African Union (AU) in Addis Ababa,” said Minsiter Davies.

Minister Davies noted that there were many proposals on the different issues discussed at the WTO but there seems to be very little convergence. There are also different views on how the outstanding DDA issues should be addressed with some countries challenging the agreed development framework under the DDA.

“We need to be realistic and make a call soon on which issues sufficient convergence has been achieved to be taken forward as possible outcomes at MC1,” added Minister Davies.

South Africa and Africa’s engagement in the WTO aims to among others conclude the DDA on the basis of its development mandate; advocate for a permanent solution for Public Stockholding which aims to promote food security; eliminate trade distorting measures especially on agriculture trade; eliminate trade distorting measures on cotton; protect policy space to promote Africa’s structural transformation agenda and the right to regulate in the public interest; promote sustainable development, including through addressing illegal, unregulated and unreported fishing and advance issues of interest to Least Developed Countries (LDCs).

Minister Davies further reiterated the importance of the development integration agenda of the African continent and stated that outcomes at the multilateral level should not limit the policy space needed to industrialize and advance the developmental objectives of the continent.

This WTO Informal Ministerial Gathering follows the Informal Africa Ministers of Trade meeting that was jointly hosted by South Africa and the African Union Commission (AUC) on 18 September 2017 in Addis Ababa, Ethiopia.

Distributed by APO on behalf of The Department of Trade and Industry, South Africa.

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Source:: Minister Davies calls for outcomes on the outstanding issues of the Doha development agenda

      

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