Uganda Explores $4 Billion Oil Refinery Deal with UAE Investment Firm
.png)
Uganda is currently engaged in negotiations with an investment company led by a member of Dubai's royal family for the development of a planned $4 billion oil refinery, according to the country's Energy Minister. The talks involve United Arab Emirates-based Alpha MBM Investments, led by Sheikh Mohammed bin Maktoum bin Juma Al Maktoum. The East African nation terminated previous negotiations in July last year with a consortium, including a unit of US firm Baker Hughes, due to financing mobilization delays.
The proposed 60,000 barrel-per-day refinery holds strategic importance for Uganda's emerging hydrocarbons industry. The Minister of Energy and Mineral Development, Ruth Nankabirwa, announced that negotiations on key commercial details between the Ugandan government and Alpha MBM Investments commenced on January 16. Expressions of interest from various investors were evaluated, leading to the signing of a memorandum of understanding on December 22, 2023.
As Uganda aims to become a significant player in the global oil market, the successful completion of these negotiations is crucial. The country anticipates commencing commercial crude oil production in 2025 from fields located in the Albertine rift basin, situated in the west near the border with the Democratic Republic of Congo.**
ReplyDeleteFoam wiper balls for drill pipes are cylindrical cleaning tools used to remove contaminants and debris from the inside of drill pipes. They are typically made of a soft foam material that is able to conform to the shape of the pipe and clean the walls as the ball is pushed through the pipe. Wiper balls are often used in conjunction with a drilling fluid, such as water or oil, to help lift and remove debris as the ball moves through the pipe. They can be used in a variety of drilling operations, including oil and gas drilling, water well drilling, and geotechnical drilling.
The use of wiper balls can help to improve the efficiency of the drilling process and reduce the risk of equipment failure or downtime due to blockages or other issues. To use a foam wiper ball, it is typically attached to the end of a rod or wireline and inserted into the drill pipe. The ball is then pushed through the pipe, using the drilling fluid as a lubricant to help it move smoothly. As it moves through the pipe, the ball cleans the walls and removes any contaminants or debris it comes into contact with. Once the ball has passed through the entire length of the pipe, it is retrieved and the cleaning process can be repeated if necessary.
Why Choose Merit’s Foam Wiper Ball?
Unmatched Cleaning: Our specially formulated foam hugs the interior of your drill pipes, meticulously removing even the stubbornest cement residue. Say goodbye to clogged pipes and wasted drilling time!
Superior Durability: Crafted from high-quality, resilient materials, Merit’s foam balls withstand harsh oilfield conditions, delivering consistent performance and extended lifespan.
Versatility Beyond Compare: Merit offers a comprehensive range of foam wiper ball sizes to tackle any pipe diameter and job requirement. Whether it’s deep wells, complex formations, or challenging environments, we have the perfect ball for your needs.
Innovation You Can Trust: Merit is an industry leader in oilfield solutions, constantly pushing the boundaries of technology and performance. Our wiper balls are no exception, incorporating cutting-edge features for optimal wiping efficiency and cost-effectiveness.
foam wiper ball