Oil & Gas companies
TotalEnergies hires investment banker to review land acquisition for Uganda projects
TotalEnergies has appointed an economist and former prime minister of Benin to review its land acquisition programme in Uganda and Tanzania for the Tilenga and Pipeline projects
Oranto granted another extension of exploration licences
Oranto Petroleum's exploration licences for the Ngassa block in Hoima and Kikuube districts have been extended for two years
Careful management of market uncertainties required to maximise returns from oil and gas
Uganda's oil and gas industry needs a minimum global crude oil price of $63 (Shs237,893) per barrel for maximum profitability
What next for Uganda’s oil and gas sector after final investment decision?
The projects’ technical schedule indicates that first oil will be achieved 36 to 45 months after the final investment decisions. Those months will be characterised by intensive activity as FID unlocks the detailed engineering, procurement, and construction phase of the projects, where the bulk of opportunities lie
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
Uganda hopes for $10bn in investment as oil firms green light projects
Uganda expects investments worth about $20bn after Total Energies and the China National Offshore Oil Corporation make final investment decisions on their oil and gas projects. The final decisions will be announced on Tuesday
Understanding Uganda’s revenue from the oil and gas sector
How much will Uganda earn from the oil and gas industry, and how was it determined? How much do the foreign oil companies stand to make? A dissection of Uganda's production-sharing agreements
Government and Total sign key oil pipeline agreement
The Uganda government and Total, the French oil major, on Friday signed the host government agreement which will govern the East Africa Crude Oil Pipeline project
Tullow Oil shareholders approve Uganda farmdown deal
Tullow Oil PLC shareholders on Wednesday voted to approve the sale of the company’s remaining 33.33% stake in Uganda’s oil fields and the proposed East African Crude Oil PipelineMore Oil & Gas companies
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
Tullow profit soars amid wait for Uganda farm-down approval
Tullow said it hopes the Uganda government will approve the farm-down of its assets by the end of this year, paving way for a final investment decision and the issuance of engineering, procurement and construction tenders for local oil fields
Oil recoverable costs: Disallowed costs hit Shs300b in final audit
At least $81.147m (Shs300b) has been disallowed as “costs not recoverable” by oil companies from the Production Sharing Agreements (PSAs) signed with government between 2001 and 2011
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
Nigeria’s Oranto awarded license for Ngassa field
Uganda has signed two production sharing agreements (PSAs) with Nigeria’s Oranto Petroleum and also issued two exploration licenses for the Ngassa oil block
Licence for Ngassa block to be awarded in October
Uganda will issue two exploration licences and also sign a Production Sharing Agreement for the Ngassa oil block, Hoima District, in early October, the energy minister has said
Australia’s Armour Energy to spend $2m in first two years of exploration
The newly licensed Australian junior exploration company, Armour Energy Limited, will invest Shs7bn in its first two years in Uganda, its chief executive officer revealed on Thursday in Kampala
Exploration licence for Kanywataba field to be awarded Thursday
Energy minister Irene Muloni, will on Thursday issue an exploration licence for the Kanywantaba oil block in Ntoroko District to Australian junior exploration company, Armour Energy Limited
Uganda to award three exploration licences in June
Uganda will issue three exploration licences and sign Production Sharing Agreements (PSAs) with three oil companies that made it to the last round of the first competitive licensing process, opened in February 2015.
Three companies awarded design studies for Buliisa project
Total E&P Uganda, China National Offshore Oil Corp., and Tullow Uganda have launched Front End Engineering Design (FEED) studies for Exploration Area 1 (EA1) in Nwoya and Exploration Area 2 (EA2) in Buliisa district.
