Oil & Gas companies
TotalEnergies hires investment banker to review land acquisition for Uganda projects
TotalEnergies has appointed an economist and former prime minister of Benin to review its land acquisition programme in Uganda and Tanzania for the Tilenga and Pipeline projects
Oranto granted another extension of exploration licences
Oranto Petroleum's exploration licences for the Ngassa block in Hoima and Kikuube districts have been extended for two years
Careful management of market uncertainties required to maximise returns from oil and gas
Uganda's oil and gas industry needs a minimum global crude oil price of $63 (Shs237,893) per barrel for maximum profitability
What next for Uganda’s oil and gas sector after final investment decision?
The projects’ technical schedule indicates that first oil will be achieved 36 to 45 months after the final investment decisions. Those months will be characterised by intensive activity as FID unlocks the detailed engineering, procurement, and construction phase of the projects, where the bulk of opportunities lie
Oil companies take final investment decision on Uganda projects
TotalEnergies, the French energy group, and the China National Offshore Oil Corporation have announced the long-awaited final investment decision for Uganda's oil projects, collectively referred to as the Lake Albert Development Project
Uganda hopes for $10bn in investment as oil firms green light projects
Uganda expects investments worth about $20bn after Total Energies and the China National Offshore Oil Corporation make final investment decisions on their oil and gas projects. The final decisions will be announced on Tuesday
Understanding Uganda’s revenue from the oil and gas sector
How much will Uganda earn from the oil and gas industry, and how was it determined? How much do the foreign oil companies stand to make? A dissection of Uganda's production-sharing agreements
Government and Total sign key oil pipeline agreement
The Uganda government and Total, the French oil major, on Friday signed the host government agreement which will govern the East Africa Crude Oil Pipeline project
Tullow Oil shareholders approve Uganda farmdown deal
Tullow Oil PLC shareholders on Wednesday voted to approve the sale of the company’s remaining 33.33% stake in Uganda’s oil fields and the proposed East African Crude Oil PipelineMore Oil & Gas companies
Cnooc opts out of Tullow-Total deal
The China National Offshore Oil Corporation on Tuesday notified Tullow Oil Plc and Total SA that it will not acquire a stake in Tullow's assets in Uganda
Total E&P acquires Tullow Uganda’s stake for $575m
French oil major Total SA said on Thursday that is acquiring Tullow oil’s assets in Uganda's Lake Albert oil project for $575m (Shs2.1 trillion), with $500m to be paid once the deal has been approved by the government and $75m paid when a final investment decision has been reached
Uganda and oil companies reach deal on Tullow farm-down
The Uganda government and the three joint venture partners in the Lake Albert oil project —Tullow Oil, Total E&P, and China National Offshore Oil Corporation —have reached a deal on the sale of Tullow's assets, this website can confirm
Total E&P freezes work on Uganda-Tanzania oil pipeline
French oil major Total, the lead joint venture partner on Uganda's proposed crude oil export pipeline has frozen all activities on the multibillion-dollar project citing “uncertainty” over its Uganda operation
Government offers five oil blocks in second exploration licensing round
Irene Muloni, the minister for energy, opened the second bidding round for five oil blocks in the Albertine Graben region on Tuesday, including two blocks that were left over from the last licensing round in 2015
Government sets May for new licensing round
Irene Muloni, the minister of energy and mineral development, has revealed plans for the second licensing round of three oil blocks in the Albertine Graben region
Total to fast-track Tilenga project this year
French oil major Total’s chief executive Patrick Pouyanné last week revealed his company’s plans to accelerate development of the company’s Tilenga project in Buliisa and Nwoya districts
Petroleum Authority launches database for oil jobs
Anyone interested in a job in Uganda's oil sector will have to first list on the National Talent Register, launched on Friday by the sector regulator, the Petroleum Authority of Uganda
Oil pipeline negotiations enter final leg
Negotiating the agreement spelling out the rights and obligations of the parties in the proposed oil pipeline has been a drawn-out process, but officials are optimistic they'll reach an agreement soon
Cnooc aims to make final decision on Kingfisher field by April 2019 — minister
Uganda and the China National Offshore Oil Corporation are looking at April 2019 for a final investment decision on the Kingfisher oil field, the energy minister said
