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Tag Archives: oil

EACOP launches Thermal Insulation Plant in Tabora, Tanzania

East African crude oil pipeline celebrates a milestone: inauguration of thermal insulation plant, signing of corridor lease agreement and project land handover at Sojo village, Nzega district, Tabora region Tabora, Tanzania | THE INDEPENDENT | The East African Crude Oil Pipeline Project (EACOP) took a giant step forward today with the …

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CNOOC Uganda progresses in oil exploration

The oil company is  now shifting focus to the upcoming infrastructure developments that are critical for the eventual extraction and processing of oil Kampala, Uganda | THE INDEPENDENT | CNOOC Uganda Limited, a key player in Uganda’s burgeoning oil sector and the operator of the Kingfisher oil field in the Albertine …

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Peril or prosperity? The risks facing Mozambique’s long-awaited gas boom

From conflict and long deferred revenues to falling gas demand, there are many reasons to believe Mozambique’s LNG deal has become a liability. Maputo, Mozambique | AFRICAN ARGUMENTS | Ever since major natural gas deposits were discovered off Mozambique’s northern coast in 2010, there have been high expectations that the find will bring economic prosperity to …

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Bateebe: Oil third licensing round underway

Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy kicked off the process for the third oil field licensing round as part of the efforts to increase the country’s oil reserves. Currently, Uganda has approximately 6.5 billion barrels of oil reserves, with at least 1.4 billion estimated to be economically …

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