Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision for Uganda’s Oil and Gas refinery project is set for June, this is according to the Ministry of Energy and Mineral Development. The refinery was one of the three projects mooted more than a decade ago, but little has been said …
Read More »REVIEW 2022: ‘Game changer’ year for Uganda oil, gas sector
Kampala, Uganda | THE INDEPENDENT | Following the Final Investment Decision, the commencement of field development, and the arrival of the rigs, there is hope that Tilenga and Kingfisher developments in the Albertine will deliver the first oil in 2025. The joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC), …
Read More »Why data centres are key boosters for oil and gas sector
COMMENT | JAMES BYARUHANGA | On February 2, 2022, Uganda made a very significant step towards realising its first oil fortunes. We witnessed the announcement of the Final Investment Decision (FID) for Uganda’s oil and gas Projects by the Total Energies EP Uganda, CNOOC Uganda Limited, the Uganda National …
Read More »Opposition to Uganda oil pipeline
Why Pope Francis met two young Ugandan women activists determined to stop it Kampala, Uganda | RONALD MUSOKE | Groundwork on keystone oil and gas infrastructure projects is beginning to take shape in western Uganda after TotalEnergies and CNOOC in February signed off the necessary Final Investment Decision (FID). But …
Read More »Focus turns to food and housing needs as L. Albert Oil Project gathers pace
Kampala, Uganda | RONALD MUSOKE | As the construction phase of the L. Albert Oil Development Project gathers pace, focus has now turned to how best local entrepreneurs in the agriculture and housing sectors can maximise opportunities the oil industry is attracting into Uganda. Two studies were launched on Feb. …
Read More »Tullow Oil set to receive sh264 Billion from TotalEnergies Uganda
London, UK | THE INDEPENDENT | Tullow Oil says it expects a sh264 billion “earnout” from TotalEnergies after a Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP) The Irish-founded company said in a statement on Wednesday that the FID taken by Total …
Read More »TotalEnergies, CNOOC sign off $10bn Uganda oil project
First oil expected in 2025 Kampala, Uganda | RONALD MUSOKE | Finally, the international oil companies, TotalEnergies SE and the China National Offshore Oil Corporation (CNOOC) announced they are ready to produce oil in Uganda in a US$10 billion project. Reaching this point had taken a whopping 15 years of …
Read More »IN THE INDEPENDENT: The $10billion Uganda oil project
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY TotalEnergies, CNOOC sign off US$10bn Uganda oil project: First oil expected in 2025 THE LAST WORD America’s reckless bullying: How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with …
Read More »CNOOC Uganda Limited announces Final Investment Decision for the Kingfisher Project
Kampala, Uganda | THE INDEPENDENT | CNOOC Uganda Limited, an oil and gas company has announced Final Investment Decision (FID) for the development of the Kingfisher Development Area (KFDA) and the LA 2 South. The decision was made following accomplishment of the Host Government Agreement (HGA) signed between Government of Uganda and Tanzania …
Read More »Museveni urges oil companies to commit to getting oil flowing in 2025
Kampala, Uganda | THE INDEPENDENT | “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman and Chief Executive Patrick Pouyanné. …
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