Tag Archives: TOTAL

VIDEO: The Ministry of Energy and Mineral development has awarded 8 petroleum production licences to oil companies– with production work expected to start within 18 months. The licenses that have been awarded to Tullow Uganda operations and Total E&P will see three partner petroleum companies start oil production in a total …

Uganda on Tuesday issued oil production licences to the French group Total and British company Tullow. Energy Minister Irene Muloni said first oil production is now expected in 2020. Experts say the government hopes to earn $1.5 billion a year from oil exploitation, particularly from taxes, royalties and a 15% share of the benefits …

With only minor regulatory glitches remaining, the deal valued at $400 million, will see Total acquire all the GAPCO operations in Uganda, Kenya and Tanzania. The company’s assets include logistic terminals, 108 fuel stations, and 260,000 kilolitres of storage capacity. Final touches are being made on a deal in which …

Final touches are being made on a deal in which Total will take over all GAPCO operations in the region. The development follows months of intense negotiations between the two for Total Outre Mer SA, the retailing arm of Total, to acquire all the Gulf Africa PetroleumCorporation (Gapco) assets in …

By Ronald Musoke Total E&P Uganda, one of the three major oil companies heavily involved in oil prospecting and production in the country has offered up to 20 scholarships to students from the oil districts of Nwoya, Buliisa, Nebbi and Masindi where the French company currently has operations (Exploration Areas …

By Haggai Matsiko New rules to force CNOOC, Total, Tullow to reveal money paid The U.S’s Securities and Exchange Commission has finally issued the long awaited new rules that outline how oil, gas and mining companies must comply with Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection …

By Haggai Matsiko Tullow, CNOOC and Total get $2.9 bn oil deal amidst allegation of corruption What could prompt Tullow, CNOOC and, Total to disregard a raft of cases in international courts, a court injunction at home and a resolution of parliament and sign a deal with Uganda? Money. Possibly …