Tag Archives: Total E&P

On Aug.29, Tullow’s proposed sale and purchase agreement stipulating the US$900 million farm down to its JV Partners, Total and CNOOC, was terminated. This news was followed a week later, on Sept. 05, with Total’s suspension of technical activities on its pipeline project—the EACOP. Pierre Jessua, the General Manager of …

‘The man ready to teach Uganda a lesson’ Kampala, Uganda |THE INDEPENDENT | Details emerging following the recent failure of major oil companies to pressure the Uganda government to grant tax concessions before a crucial purchase and sale deal are casting the country as a “nightmare” for oil firms. And …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that he is in touch with the executives of oil companies and will meet them soon to discuss the current impasse in the sector. Museveni, who was speaking at the 5th Oil and Gas Summit at Serena Hotel in Kampala …

Kampala, Uganda | THE INDEPENDENT | The government of Uganda is working behind the scenes to revive talks in the collapsed oil companies’ deal. Minister of Finance, Matia Kasaija confirmed that government is pushing to see that oil companies go ahead to conclude their deal, a move that could breathe …

Kampala, Uganda | THE INDEPENDENT | Oil company Total E&P will now focus on negotiations with government to ensure that the Final Investment Decision (FID) is made. The FID is the point at which everything is in place for a project to go ahead. It’s the project execution phase begins and …

  Kampala, Uganda | THE INDEPENDENT | Construction of the East Africa Crude Oil Pipeline is projected to displace at least 400 households in nine districts of Uganda. The 1,445 Kilometers long pipeline will also economically affect a total of 3,000 households in Hoima, Kakumiro, Kyankwanzi, Mubende, Gomba, Sembabule, Lwengo, …

  Kampala, Uganda | THE INDEPENDENT | The oil and gas sector should by now be employing thousands of Ugandans in the construction sector, but players in the industry say the sector has again slowed down. Players in the industry say most of their labour force and equipment are redundant …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …

Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …

Kampala, Uganda | THE INDEPENDENT | The fear oil spill disasters is one of the risks of concern as the country prepares for commercial oil production. It is feared by environment groups and scientists that the oil spill could wipe out tourism and fishing industries and wildlife habitats in the entire …