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Cnooc Uganda Ltd

A group photo of oil company executives in Kampala, Uganda

Oil companies take final investment decision on Uganda projects

TotalEnergies, the French energy group, and the China National Offshore Oil Corporation have announced the long-awaited final investment decision for Uganda's oil projects, collectively referred to as the Lake Albert Development Project
Three male executives at a press conference

Ugandan companies stand to win oil & gas contracts worth $167m

Uganda companies will be awarded contracts worth about $167m (Shs605.2bn) out of the $1.3bn tenders for the Tilenga and Kingfisher oil projects
Map showing the East African Crude Oil Export Pipeline route.

Uganda hopeful of investment decision on oil projects as pipeline meeting is deferred

Uganda and Tanzania have postponed a high-profile meeting on the East African Crude Oil Pipeline, initially scheduled for Monday, following the death of Tanzanian President John Magufuli
A Tullow oil field in Ghana

Cnooc opts out of Tullow-Total deal

The China National Offshore Oil Corporation on Tuesday notified Tullow Oil Plc and Total SA that it will not acquire a stake in Tullow's assets in Uganda
A drilling rig at the Kingfisher field in Western Uganda

Industry experts see Total-Tullow deal a win-win boost

Regional analysts in the oil exploration and production sector have described last week’s sales and purchase agreement between Tullow Oil PLC and Total E&P Uganda as a 'win-win' boost for all players, and one that opens a new chapter for East Africa’s energy industry
A drilling rig at the Kingfisher field in Western Uganda

Uganda and oil companies reach deal on Tullow farm-down

The Uganda government and the three joint venture partners in the Lake Albert oil project —Tullow Oil, Total E&P, and China National Offshore Oil Corporation —have reached a deal on the sale of Tullow's assets, this website can confirm
Two male executives at a press conference

NEMA clears Cnooc on Kingfisher, but no end in sight to oil deadlock

Zhao Shunqiag, the Cnooc president, said receiving the certificate is a “milestone”. But he said he could not tell when the ongoing deadlock between the government and the oil companies—Total E&P, and Tullow Oil—would be resolved
A drilling rig at the Kingfisher field in Western Uganda

Stalemate over tax breaks down Tullow Oil stake sale

Tullow Oil is initiating a new sales process to reduce its 33.3% stake in Uganda's Lake Albert oil project after its planned $900 million sale to joint venture partners Total E&P and the China National Offshore Oil Corporation failed to get clearance
Press conference in a board room

Cnooc aims to make final decision on Kingfisher field by April 2019 — minister

Uganda and the China National Offshore Oil Corporation are looking at April 2019 for a final investment decision on the Kingfisher oil field, the energy minister said

More Cnooc Uganda Ltd

6 December 2018

Journey to oil production mired in uncertainty as govt and oil firms haggle over pipeline

By now, Uganda, Tanzania and the oil companies active in the former's petroleum sector should have finalised negotiations on the development, construction, and operation of the Uganda-Tanzania crude oil pipeline

Map showing the East African Crude Oil Export Pipeline route.
5 September 2018

Cnooc, Uganda National Oil Company sign oil exploration agreement

The Uganda National Oil Company has signed a memorandum of understanding with the China National Offshore Oil Corporation to jointly explore oil in the Albertine oil region

Uganda National Oil Company chief executive, Josephine Wapakabulo with Cnooc officials in Beijing, China
27 June 2018

Cabinet approves national content policy for oil and gas sector

The cabinet on Monday approved the much awaited national content policy that is intended to promote the competitiveness of Ugandan labour and businesses in the petroleum sector

A drilling rig at a drilling site in Uganda
28 March 2018

Total, Cnooc reach deal on Tullow’s oil fields

Total E&P Uganda and the China National Offshore Oil Corporation have reached a compromise on the operation of the Buliisa fields in Exploration Area 2, the license area previously operated by Tullow Oil PLC

A drilling rig at a drilling site in Uganda