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
Uganda to identify refinery lead investor by February 2017 — minister
Uganda expects to have identified a lead investor in its proposed oil refinery by February next year, according to energy and minerals minister Irene Muloni.
Total to acquire 10% stake in Uganda refinery
Total S.A., the French oil and gas company currently carrying out exploration activities in western Uganda, is acquiring a 10% stake in Uganda's planned oil refinery, energy minister Irene Muloni told Bloomberg.
Total to make final investment decision on Uganda fields by end of 2017
Total expects to make a final investment decision on the Ngiri, Jobi Rii, Gunya fields in the onshore Exploration Area 1 as early as the end of next year, according to Arnaud Breuillac, the president of Exploration & Production at Total S.A.
Uganda issues eight oil production licences to Tullow and Total
The Ministry of Energy and Mineral Development has granted eight oil production licences to Tullow Uganda Operations Pty Limited and Total E&P Uganda B.V., according to a statement released by the ministry.
Uganda to award production licences to Total, Tullow Oil
Uganda will finally award three oil production licences, bringing to an end a drawn out process that industry watchers blame for pushing forward the date for first oil production and reduced investment by oil companies.
Tullow posts better-than-expected results, to press ahead with Uganda projects
Tullow Oil has announced an after tax profit of $30 million for the first half of 2016, defying analyst's expectations that low oil prices would hurt its bottomline.
Too big to fail? The 65 firms Ugandan government apparently wants to bail out
The two most indebted firms on the list, which we are republishing, owe Shs201 billion each, while the third most indebted has outstanding loans of Shs120 billion.
