Kampala, Uganda | THE INDEPENDENT | Total Uganda is evaluating the residual land of the people affected by the East African Crude Oil Pipeline (EACOP) project in the ten districts within the pipeline route. According to Stella Amony, the communications officer –Total E&P Uganda, has confirmed the exercise saying it commenced …
Read More »China’s shaky dance with Uganda
Chinese foreign minister Wang’s visit to Africa is another missed opportunity to seal deals ANALYSIS | THE INDEPENDENT | Chinese Foreign minister Wang Yi has been on a five-nation tour in Africa that started on Jan.04 and took him to Nigeria, the Democratic Republic of the Congo, Botswana, Tanzania and …
Read More »AfDB gives Shs 1.85bn to Ugandan SMEs targeting oil and gas deals
Ugandan micro, small and medium enterprises working within the petroleum sector have received US$ 500,000 (Shs 1.85bn) from the African Development Bank to boost their chances of partaking of the opportunities that will accrue during the construction of the East African Crude Oil Pipeline (EACOP) project. Kampala, Uganda | …
Read More »Tullow’s 16-year acrimonious relationship with Uganda ends
On Nov.10, Tullow Oil plc announced the completion of the sale of its assets in Uganda to French super major, Total. The US$ 575 million (Shs 2.15trillion) deal finally brought Tullow Oil’s 16-year involvement in Uganda’s oil project to an end. Kampala, Uganda | RONALD MUSOKE | When Tullow entered …
Read More »Compensation of oil pipeline affected persons to start next year
Kampala, Uganda | THE INDEPENDENT | The compensation of people affected by the East African Crude Oil Pipeline (EACOP) project, countrywide is expected to start early next year. The 1,443km crude oil export pipeline will transport Uganda’s crude oil from Hoima in Uganda to the Chongoleani peninsula near Tanga port in …
Read More »Total now biggest shareholder in Uganda’s oil Project
Govt’s green light to Total raises its stake to 66.66% Kampala, Uganda | RONALD MUSOKE | French oil firm, Total, will become the biggest shareholder in Uganda’s oil project following the government’s approval of the sale of Tullow’s 33.33% stake of its Ugandan assets at US$ 575 million (Approx. Shs …
Read More »Oil pipeline tenders launched – Pouyanne
Total Chairman and Chief Executive Officer says ‘Africa is to remain at the Heart of Total’s Strategy’ Kampala, Uganda | THE INDEPENDENT | The Chairman and Chief Executive Officer of Total, Patrick Pouyanné, has said “Africa is to remain at the Heart of Total’s Strategy.” He was speaking ahead of …
Read More »Total promises to fast track Uganda oil project
Local entrepreneurs remain cautious Kampala, Uganda | RONALD MUSOKE | Following the signing of the host government agreement with Uganda on the weekend of Sept.11, senior officials from the French oil major, Total, say they are now ready to move faster project activities that will ensure Uganda produces first oil …
Read More »Government yet to grant Tullow sale of Ugandan assets
Uganda is yet to approve the multi-trillion shilling deal involving Total E&P and Tullow Oil since the two firms announced their planned transaction, three months ago. Kampala, Uganda | RONALD MUSOKE | In a statement delivered via a webinar during the national content supplier workshop on Aug.5, Total E&P Uganda …
Read More »Delays in Uganda’s oil
Here are the likely impacts of delays in making the Final Investment Decision after seven postponements | CORTI PAUL LAKUMA | Yet again the final investment decision (FID) on oil production in Uganda was delayed in August 2019. The delay meant that the date for first oil had to be …
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