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 »Tullow completes $575 million sale of Uganda assets to Total
Kampala, Uganda | THE INDEPENDENT | Tullow Oil says it has completed the sale of its assets in Uganda to Total at a sum of $500 million. The sale according to a statement by the Irish oil company was concluded earlier today from Total following receipt of payment. Tullow says it …
Read More »