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Tag Archives: CNOOC

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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Gov’t to generate UGX 18bn from new oil licensing round

Kampala, Uganda | THE INDEPENDENT | Government has said the second round of oil licensing will generate more than 18 billion shillings for Uganda. Government recently unveiled five target areas in the Albertine Graben for the second licensing blocks. They include; Avivi, which covers the districts of Obongi, Adjumani, Amuru …

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Gov’t explains oil production delays

Kampala, Uganda | THE INDEPENDENT | Government has explained the repeated changes in the oil production date. Robert Kasekende, the Energy Ministry Permanent Secretary, says the delays have been occasioned by a careful process that is intended to see Ugandans and government benefit fully from the oil resource. He told …

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Tullow selling shares to Total, CNOOC again

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is in the final stages of farming down its stakes in the Lake Albert Graben to its joint venture partners Total and China National Offshore Oil Company (CNOOC). Tullow, Total and CNOOC hold equal stakes of 33.3 percent in the Lake Albert Basin …

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On the road with UNRA’s Kagina

Driving 700km in two days to see Uganda’s critical oil roads project Kampala, Uganda | RONALD MUSOKE | Allen Kagina, the executive director of the Uganda National Roads Authority (UNRA) is a prayerful woman. She prays at meetings, journeys, meals, and anything. Now, however, she possibly needs prayers more than ever …

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