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Tag Archives: CNOOC

CNOOC grants FID for Uganda’s oil development

Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for the development of Uganda’s oil and gas projects in the Albertine. Energy and Mineral Development Minister, Ruth Nankabirwa stated that the Chinese confirmed that they have authorized an FID …

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CNOOC still consulting before decision on Lake Albert FID

Hoima, Uganda | THE INDEPENDENT | Uganda’s Lake Albert oil project may not receive a final investment decision (FID) from China National Offshore Oil Corporation as early as earlier anticipated. Its joint Venture Partner, Totalenergies has started developing the site for the Tilenga project. CNOOC has not awarded any contract …

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Oil firm CNOOC rewards Hoima district’s best students

  Hoima, Uganda | THE INDEPENDENT | CNOOC Uganda, an oil and gas company has recognized and awarded 180 best performing Hoima and Kikuube students at PLE, UCE and UACE level under its corporate social responsibility programme code-named “CNOOC Best Performer’s Award”. The CNOOC Best Performers Award was inaugurated in …

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CNOOC joins Total’s bid for Uganda’s new oil blocks

Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation(CNOOC) is joining French giant Total to bid for Uganda’s new oil blocks in the Albertine. While the Energy ministry shortlisted four companies to bid for new oil blocks, URN learnt that CNOOC will be part of the bid under the …

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Gov’t not bothered about banks refusing to finance EACOP

Kampala, Uganda | THE INDEPENDENT  | The government is not concerned about the decision of some international banks to stay away from the financing plans for the East African Crude Oil Pipeline.  Several banks in France, where the lead investor in the project, Total, is based, have stated that they will not …

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Uganda oil money agreements

  What is govt hiding? Kampala, Uganda | RONALD MUSOKE | Hussein Lumumba Amin, a renowned socio-political analyst, recently ignited debate on one of Uganda’s most sensitive subjects since Uganda discovered commercially viable oil reserves in 2006: What exactly will be Uganda’s share of its oil resource when production finally …

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