Buliisa, Uganda | THE INDEPENDENT | Families affected by the construction of the Tilenga Central Processing Facility in Buliisa district has finally received houses as part of their relocation package, thanks to Total E&P. Up to 623 persons in Kasenyi village were affected when the government acquired 320-hectares of land in …
Read More »After Coronavirus shock, Uganda sets oil FID for early this year
Hoima, Uganda | THE INDEPENDENT | Uganda is optimistic that the Final Investment Decision-FID on the commercial oil and gas production will be made in the first months of this year to pave way for the construction of the final structures in the sector. These will include the oil …
Read More »Oil final investment decision expected by end of March -Minister
Kampala, Uganda | THE INDEPENDENT | The Minister of Energy and Mineral development Mary Goretti Kitutu has disclosed that the Final Investment Decision (FID) for oil production will be taken before the end of March 2021. Kitutu made the disclosure during an interface with the Parliamentary committee on Natural Resources on Wednesday …
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 »IN THE INDEPENDENT: Tullow versus Uganda ends
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Digging for oil: Tullow’s 16-year acrimonious relationship with Uganda ends THE LAST WORD On Uganda’s election violence: How the president,the security services and the opposition are beneficiaries of this political pathology COMMENT Why …
Read More »How Uganda lost out in lucrative Tullow oil deal
NEWS ANALYSIS | THE INDEPENDENT | Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE. The long-drawn-out process of Tullow Oil exiting Uganda …
Read More »Tough times for Africa’s upstream oil and gas
How is the Covid-19 pandemic impacting investment in large-scale oil and gas developments in sub-Saharan Africa? Ian Lewis sees tough times ahead Getting upstream oil and gas projects off the ground in sub-Saharan Africa was challenging before the Covid-19 pandemic. Now the operating environment is even tougher, as the industry contends with …
Read More »How to ensure transparency in Uganda’s oil and gas sector
COMMENT | Hillary Turyatunga | Uganda’s efforts to join the Extractives Industries Transparency Initiative (EITI) that were first expressed in the 2008 National Oil and gas policy recently saw Uganda joining the initiative, making it the 54th country in the world and 26th in Africa to subscribe. EITI is a …
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 »Museveni in Tanzania
Dar es Salaam | THE INDEPENDENT | President Yoweri Museveni is in Tanzania to sign an implementation agreement for the East Africa Crude Oil Pipeline (EACOP) project. He joined Tanzania President John Magufuli at Chato, northern Tanzania, today to witness the signing of the host and implementation agreement. (video bottom) The …
Read More »