TotalEnergies E&P Uganda

Energy, Oil & Gas

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 Tullow oil field in Ghana
Energy, Oil & Gas

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
CompaniesEnergy, Oil & Gas

Total E&P acquires Tullow Uganda’s stake for $575m

French oil major Total SA said on Thursday that is acquiring Tullow oil’s assets in Uganda's Lake Albert oil project for $575m (Shs2.1 trillion), with $500m to be paid once the deal has been approved by the government and $75m paid when a final investment decision has been reached
A drilling rig at a drilling site in Uganda
Energy, Oil & Gas

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
A drilling rig at the Kingfisher field in Western Uganda
CompaniesEnergy, Oil & Gas

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
Map showing the East African Crude Oil Export Pipeline route.
Energy, Oil & Gas

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
A drilling rig at the Kingfisher field in Western Uganda
Energy, Oil & Gas

Total to fast-track Tilenga project this year

French oil major Total’s chief executive Patrick Pouyanné last week revealed his company’s plans to accelerate development of the company’s Tilenga project in Buliisa and Nwoya districts
A drilling rig at a drilling site in Uganda
Energy, Oil & GasInfrastructure

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.
Energy, Oil & Gas

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
Energy, Oil & Gas

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
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