Tag Archives: TOTAL

Kampala, Uganda | THE INDEPENDENT | Total Uganda has unveiled a new cashless payment solution for its customers as it strives to increase convenience at all its 128 service stations as well as enhance revenue growth. The new card that goes for Shs11, 800, will also enable customers pay for other …

Lagos, Nigeria | AFP | A gigantic oil tanker arrived in Nigeria as part of a multi-billion dollar project that should allow one of Africa’s biggest crude producers to pump out an additional 200,000 barrels a day. The floating production storage and offloading vessel is docked in Lagos after spending …

Paris, France | AFP | French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark’s Maersk Oil. “Total has signed an agreement to divest its remaining 15-percent interest in …

Malabo, Equatorial Guinea | AFP |  Equatorial Guinea said Monday it has demanded 73 million euros from French oil giant Total over “fraud” in fuel sales made between 2010 and 2012. “Following an investigation, we found a suspicious and fraudulent situation,” said Finance Minister Miguel Egonga Obiang as he announced …

Tehran, Iran | AFP | French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry said, in the biggest foreign deal since sanctions were eased last year. “The international agreement for the development of phase 11 of South …

Total confident despite volatile oil prices Paris, France | AFP |  French oil major Total said Thursday it planned to increase its dividend to shareholders as it expressed confidence earnings could withstand the current volatility in oil prices. Total said in a statement that its headline net profit soared 22 …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil plc (Tullow) has announced it will cease to be a key oil operator in Uganda and that it has agreed a substantial farm-down of its assets  to Total E&P Uganda B.V. (Total). In a press statement released Monday,  Tullow said that once the …

COMMENT BY: Badru Walusansa Facilitate transition from education the world of work by passing on work skills and industry competencies Graduate unemployment in Uganda is stale news. Graduate unemployment figures have significantly soared for the last decade leaving no sign of scaling down. Every year, both public and private universities …

Tehran, Iran | AFP | Iran signed a deal with France’s Total on Tuesday to develop a major offshore gas field, its first big contract with a Western energy firm since sanctions were loosened in January. Total will lead a consortium also including China National Petroleum Corporation (CNPC) and Iran’s …

VIDEO: The Ministry of Energy and Mineral development has awarded 8 petroleum production licences to oil companies– with production work expected to start within 18 months. The licenses that have been awarded to Tullow Uganda operations and Total E&P will see three partner petroleum companies start oil production in a total …