Business

Victoria University Bridges Skills Gap as Uganda Moves Towards Oil Production

Victoria University campus is located in the heart of Kampala city

As Uganda prepares to reap big from oil production starting 2020, approved shortage of skills remains a huge challenge for the nascent sector.

The Kampala-based Victoria University is moving fast in supporting national capacity development in oil and gas.

“The University’s Bachelor of Science in Oil and Gas Accounting course is designed to develop specialist knowledge and skills specifically for a career in the oil and gas industry,” said Acting Vice Chancellor, Joseph Nyakana.

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“It offers a blend of theory, experience and the practical skills required for effective financial accounting and management within the industry,” he emphasised, adding, “Students develop a critical awareness of the key issues in accounting for upstream oil and gas exploration, development and production activities.”

Developing the human resource ahead of oil production remains critical in the future development and production of Uganda’s resources.

Observers say unless Ugandans acquire the much needed skills ahead of the oil production, the country could lose thousands of employment opportunities.

Currently, Uganda is working around the clock to develop skills in oil and gas separation, gas dehydration, natural gas liquids recovery, fractional distillation, oil pumping and metering, injection and water treatment, as well as environment health safety management.

Other areas of concern are control of major accidents and hazards, control of substances hazardous to health and management of major emergencies including; fire, explosion and gas release.

At Victoria University, students develop a critical awareness of the key issues in accounting for upstream oil and gas exploration, development and production activities.

Students can pay tuition fees in installments of $100, $250, $500 and above, as long as one clears within the four months of the semester.

The August-September intake is already underway with many registering for the oil and gas course online.

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