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Energy, Oil & Gas
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
April 23, 2020
Energy, Oil & Gas
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
April 7, 2020
Companies
Energy, Oil & Gas
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
September 4, 2019
Energy, Oil & Gas
Stalemate over tax breaks down Tullow Oil stake sale
Tullow Oil is initiating a new sales process to reduce its 33.3% stake in Uganda's Lake Albert oil project after its planned $900 million sale to joint venture partners Total E&P and the China National Offshore Oil Corporation failed to get clearance
August 29, 2019
Energy, Oil & Gas
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
February 11, 2019
Energy, Oil & Gas
Infrastructure
Journey to oil production mired in uncertainty as govt and oil firms haggle over pipeline
By now, Uganda, Tanzania and the oil companies active in the former's petroleum sector should have finalised negotiations on the development, construction, and operation of the Uganda-Tanzania crude oil pipeline
December 6, 2018
Energy, Oil & Gas
Cabinet approves national content policy for oil and gas sector
The cabinet on Monday approved the much awaited national content policy that is intended to promote the competitiveness of Ugandan labour and businesses in the petroleum sector
June 27, 2018
Energy, Oil & Gas
Total E&P, Tanzania jittery over oil pipeline delays
French oil major Total E&P, the lead joint venture partner on the proposed East African Crude Oil Pipeline (EACOP), is "concerned" over the “slow progress” on the project, particularly from Uganda government officials in the Petroleum Authority and the energy ministry
May 29, 2018
Energy, Oil & Gas
Total, Cnooc reach deal on Tullow’s oil fields
Total E&P Uganda and the China National Offshore Oil Corporation have reached a compromise on the operation of the Buliisa fields in Exploration Area 2, the license area previously operated by Tullow Oil PLC
March 28, 2018
Energy, Oil & Gas
Uganda and Tanzania mull going to international market for oil pipeline financing
Uganda, Tanzania and the three Joint Venture (JV) partners, Tullow Oil Uganda, Total E&P and Cnooc, will later this month issue a request for proposals for a consultant to offer transaction advice on the proposed $3.55 billion oil pipeline.
January 10, 2017
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