Our Mandate
UNOC was established to handle the State's commercial interests in Uganda's petroleum sub-sector, ensuring that the country's oil and gas resources are exploited sustainably for the benefit of all Ugandans.
Our Mandate
To handle the State's commercial interests in the petroleum sub-sector and ensure that the resource is exploited in a sustainable manner for the benefit of all Ugandans.
Our Vision
A vibrant and profitable Oil and Gas Company contributing to the socio-economic transformation of Uganda.
Our Mission
To sustainably and commercially manage the State's commercial interests in oil and gas.
Established by Law
UNOC was incorporated in 2015 under the Companies Act, 2012 and operates pursuant to the Petroleum (Exploration, Development and Production) Act, 2013 and the Petroleum (Refining, Gas Processing and Conversion, Transportation and Storage) Act, 2013.
These Acts mandate UNOC to participate in petroleum activities on behalf of the Government of Uganda, ensuring that the State's commercial interests are protected and maximized throughout the petroleum value chain.
Participate in petroleum activities on behalf of the Government
Manage the State's equity interests in joint ventures
Ensure sustainable exploitation of petroleum resources
Build national capacity in the petroleum sector
Generate revenue for the Government of Uganda
Petroleum (E,D&P) Act, 2013
Governs upstream petroleum activities including exploration, development, and production. Establishes UNOC's role in managing the State's upstream interests.
Petroleum (Refining, Gas Processing...) Act, 2013
Governs midstream and downstream petroleum activities including refining, transportation, and storage. Establishes UNOC's role in these segments.
Companies Act, 2012
UNOC is incorporated as a limited liability company under this Act, with the Government of Uganda as the sole shareholder.
National Oil and Gas Policy, 2008
Provides the policy framework for Uganda's petroleum sector, guiding UNOC's strategic direction and operational priorities.
Strategic Objectives
Value Creation
Maximize the value of Uganda's petroleum resources for the benefit of all Ugandans through efficient and effective management.
Capacity Building
Develop local technical and managerial capacity to ensure Ugandans can fully participate in and benefit from the petroleum sector.
Sustainability
Ensure petroleum resources are exploited in an environmentally and socially responsible manner for future generations.
Transparency
Operate with the highest standards of corporate governance, accountability, and transparency in all our activities.