Oil Pipeline
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
Total E&P freezes work on Uganda-Tanzania oil pipeline
French oil major Total, the lead joint venture partner on Uganda's proposed crude oil export pipeline has frozen all activities on the multibillion-dollar project citing “uncertainty” over its Uganda operation
Oil pipeline negotiations enter final leg
Negotiating the agreement spelling out the rights and obligations of the parties in the proposed oil pipeline has been a drawn-out process, but officials are optimistic they'll reach an agreement soon
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
Unoc benchmarking with external peers for best performance – Wapakhabulo
The Uganda National Oil Company chief executive, Josephine Wapakhabulo, has allayed fears that the oil company is trying to ‘bite more than it can chew’ with the dozen capital-intensive upstream and midstream projects on its to-do list
Total E&P, Tanzania jittery over oil pipeline delays
French oil major Total E&P, the lead joint venture partner on the proposed East African Crude Oil Pipeline (EACOP), is "concerned" over the “slow progress” on the project, particularly from Uganda government officials in the Petroleum Authority and the energy ministry
Uganda sets equity in crude oil refinery and pipeline projects at $700m
The two large-scale projects are expected to cost a combined $7.5bn (Shs26 trillion)
Uganda seeks to join OPEC
Energy ministry Irene Muloni has expressed the government’s wish to join the Organization of the Petroleum Exporting Countries as a full member so Uganda can tap into benefits like the stabilisation of crude oil prices
Stanbic Bank and British High Commission host UK oil and gas delegation
Stanbic Bank Uganda, in partnership with the Energy Industries Council EIC, and the British High Commission on Tuesday hosted a high-powered trade delegation from the UKMore Oil Pipeline
Tanzania’s Magufuli wants oil pipeline completed in less than three years
Tanzanian President John Pombe Magufuli has urged French oil major Total E&P, the lead joint venture partner on the proposed crude oil export pipeline from Hoima to Tanga, and other investors involved to mobilise at least “10 contractors” to speed up construction before 2020
Standard Group, China’s IBC to advise on oil pipeline financing
The pipeline, running 1,445km from Kabaale in Hoima district to Tanga Port on the Indian Ocean, will be financed through debt
Uganda, Tanzania agree on $3bn crude oil pipeline tax plan
Uganda and Tanzania have finally agreed on a tax plan for the proposed $3.5bn crude oil export pipeline, a key milestone that paves way for an inter-government agreement spelling out the terms and conditions and operationalising the project.
Uganda and Tanzania mull going to international market for oil pipeline financing
Uganda, Tanzania and the three Joint Venture (JV) partners, Tullow Oil Uganda, Total E&P and Cnooc, will later this month issue a request for proposals for a consultant to offer transaction advice on the proposed $3.55 billion oil pipeline.
