Who we are

To handle the State's commercial interests

A limited liability company wholly owned by the Government of Uganda, established to manage the nation’s commercial interests across the oil and gas value chain.

2015Incorporated
100%State-owned
4Value-chain mandates
6.5BBarrels in place
Our purpose

To handle the State's commercial interests

UNOC Limited was established under the Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act, both of 2013, and incorporated under the Companies’ Act, 2012.

Its overall mandate is to handle the State’s commercial interests in the oil and gas industry, on behalf of the Ugandan people.

Read our mandate
2012

Companies’ Act

The basis on which UNOC is incorporated as a limited liability company.

2013

Petroleum (Exploration, Development and Production) Act

One of the two Acts under which UNOC was established.

2013

Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act

The second Act under which UNOC was established.

Our strategy

A clear direction for national value.

UNOC’s vision, mission and purpose guide how the company manages the State’s commercial interests across the petroleum value chain.

Our Purpose Statement

Creating Value for Generations

Our Vision

To be a profitable company that sustainably operates across the petroleum value chain by 2030

Our Mission

To sustainably develop and manage the state’s commercial interests in the petroleum sector to contribute to Uganda’s socio-economic transformation.

Our core values

The principles behind every decision.

Six shared values guide how UNOC serves Uganda and works with its stakeholders.

Safety First

We conduct our business safely, thereby protecting the well-being of our employees, stakeholders, and assets.

Care for People and the Environment

We are committed towards the well-being of our people. We shall ensure that our people are safe, motivated and cared for. Similarly, we shall preserve the environment and minimise the impact of our operations on the environment.

Integrity

We strictly adhere to ethical and moral standards of fairness and honesty in all our undertakings.

Excellence

We shall constantly pursue outstanding performance, innovation and value-creation.

Collaboration

We pledge to work together with our clients and stakeholders toward common goals.

Innovation

We encourage creativity and continuous improvement in the conduct of our business.

Key Milestones

Key Milestones

Petroleum Acts enacted

The Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act were passed.

UNOC management team group photograph