By Our Reporter
As part of its corporate strategy to promote local content and strengthen Uganda’s oil and gas sector, CNOOC Uganda Limited has launched a comprehensive Free Online Enterprise Development Program aimed at empowering Small and Medium Enterprises (SMEs) in Uganda. The program will provide tailored business training to help SMEs compete effectively in the oil and gas supply chain and other sectors of the economy.
The training program will be facilitated by Vectra Energies and is specifically designed to address the needs of SMEs that are looking to participate in Uganda’s rapidly growing oil and gas industry. Participants will receive practical knowledge in business management, compliance with industry standards, and insight into the oil and gas sector’s procurement processes.
“Our goal is to build the capacity of local SMEs and prepare them to seize the opportunities arising from Uganda’s oil and gas sector. We are committed to investing in initiatives that foster local content and economic growth, and this online training program is part of our wider effort to ensure that Ugandan businesses are well-positioned to contribute to the success of the industry.” Said Mr. Liu Xiangdong, President, CNOOC Uganda.
The program will cover key areas such as financial management, health and safety standards, technical training, and strategic business planning, with a focus on the oil and gas sector. By the end of the program, SMEs will have developed the necessary skills to meet the industry’s high standards, enabling them to successfully bid for contracts and deliver quality services within the sector.
Eric Jumba, National Content Manager added that; “This program is not just about imparting knowledge, but about equipping SMEs with actionable strategies that will allow them to thrive in a highly competitive market. By addressing specific challenges faced by local businesses, we hope to contribute to their sustainable growth and long-term success.”
The free program is open to all Ugandan SMEs operating across various sectors, including construction, logistics, hospitality, information technology, and more.
