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Tag Archives: Tullow Oil

Crude oil pipeline to displace 400 households

  Kampala, Uganda | THE INDEPENDENT | Construction of the East Africa Crude Oil Pipeline is projected to displace at least 400 households in nine districts of Uganda. The 1,445 Kilometers long pipeline will also economically affect a total of 3,000 households in Hoima, Kakumiro, Kyankwanzi, Mubende, Gomba, Sembabule, Lwengo, …

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Oil and gas sector in another slowdown, jobs at stake

  Kampala, Uganda | THE INDEPENDENT | The oil and gas sector should by now be employing thousands of Ugandans in the construction sector, but players in the industry say the sector has again slowed down. Players in the industry say most of their labour force and equipment are redundant …

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Tullow considers selling all its assets in Uganda

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …

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Foreign direct investments rebound

As players in oil and gas sector registers more activity Kampala, Uganda | PATRICIA AKANKWATSA | Foreign direct investment into Uganda rebounded in 2018 owed to positive growth in the economy and the prospective investments in the oil and gas sector. Latest data from the Bank of Uganda shows that …

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Understanding government, Tullow-Total firm down dispute

Kampala, Uganda | THE INDEPENDENT | An ongoing tax dispute between the Ugandan government and Tullow Oil has led to the postponement of the planned Final Investment Decision for the Albertine oil development project to the second half of 2019. The capital gains tax dispute from Tullow’s farm-down of its stake …

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