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Tag Archives: Tullow

Uganda issues oil production licences, targets 2020

Uganda on Tuesday issued oil production licences to the French group Total and British company Tullow. Energy Minister Irene Muloni said first oil production is now expected in 2020. Experts say the government hopes to earn $1.5 billion a year from oil exploitation, particularly from taxes, royalties and a 15% share of the benefits …

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Tullow targets 40 oil wells in 2013

By Julius Businge Tullow Oil has announced an explorations and appraisal campaign portfolio management with a target for a planned 40 wells globally in 2013, it said in a Jan. 11 statement. Aidan Heavey, Tullow’s Chief Executive said: “Tullow accomplished much in 2012. We have had significant exploration success in …

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Tullow Uganda announces 2013 scholarships

By Julius Businge Tullow Uganda has opened applications for the 2013/14 Tullow Group Scholarship Scheme (TGSS) aimed at supporting national participation in Uganda’s oil and gas industry, the oil company said on Jan.9. Under the 2013/14 Tullow Group Scholarship Scheme, the company is offering 20 university education opportunities to Ugandan nationals …

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Oil

By Eriasa Mukiibi Sserunjogi New US law to expose details of Shs 1.3 trillion Tullow deal When Tullow Oil pays US$140 million (Approx. Shs 395 billion) to the government this month, it will mark the first time such a deal will have been struck without secrecy in Uganda. It will …

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Tullow up for sale?

By Agencies It may happen but it’s not something we’re terribly focused on-BP boss Tullow Oil’s shares have jumped 3% last week on the back of rumors that BP was planning on submitting a bid for the Irish independent. According to rumors, BP is planning to offer Tullow £15 per …

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