COP27 activists pursue Pouyanne over Russia “blood money”
Activists at COP27 have accosted Patrick Pouyanné, CEO of TotalEnergies, to demand answers about “bloody money” from the company’s Russian operations.
Lake Albert
Kingfisher rig in place, Tilenga’s rig on the move
CNOOC Uganda has erected the Kingfisher rig on location, in Uganda’s western Lake Albert, as drilling plans move ahead.
Road to Adipec: Pragmatic and progressive
Developing oil and gas projects can be done in an environmentally sound fashion and can play a critical role in changing a country’s finances, according to Uganda National Oil Co. (UNOC) CEO Proscovia Nabbanja.
UNOC defends carbon reduction plans at Lake Albert
Uganda’s oil production plans were redesigned to reduce emissions and the environmental impact, an official from the state-owned oil company has explained.
Uganda warns off “insufferable” Europe, plans licence round
Uganda’s government struck a defiant tone at an oil conference in Kampala, warning Europe to focus on its own problems and setting out plans for a new licensing round.
Uganda accuses EU of “economic racism” on oil opposition
Ugandan parliamentarians have snapped back at a resolution condemning the country’s oil plans from the European Parliament.
Emissions versus development debate threatens EACOP
Oil companies and environmentalist activists see the same world in wholly differing ways. Rarely is this divide as stark as in discussions around the East African Crude Oil Pipeline (EACOP).
McKinsey warns of African shortfall amid energy transition risks
The energy transition is throwing up particular challenges for Africa, not least in terms of access to the skills and capital needed to meet future demand.
World’s largest reinsurer will not provide EACOP cover
Munich Re will not insure the East African Crude Oil Pipeline (EACOP), throwing up another challenge for the TotalEnergies-driven project in Uganda and Tanzania.
CNOOC, UNOC bid for west Uganda block
CNOOC Uganda has signed a joint application agreement with Uganda National Oil Co. (UNOC) on the Pelican-Crane block.
FID at last for $10bn Lake Albert project
TotalEnergies and CNOOC Ltd have taken the final investment decision (FID) on Uganda’s Lake Albert development, finally triggering the start of work on the 240,000 barrel per day project.
TotalEnergies signs Rwanda MoU ahead of Uganda FID
TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow.
Tullow tips Lake Albert for 2022 launch, exits Suriname blocks
Uganda’s Parliament may not approve the Lake Albert development until the end of the year, pushing the final investment decision (FID) into early 2022.
Work under way at Lake Albert sites
Work is getting under way in Uganda in preparation for the Lake Albert oil project, with the aim of reaching first oil by 2025.
Uganda refinery FEED to complete in August
Front-end engineering and design (FEED) work on the Uganda refinery should be completed in August, with a final investment decision (FID) possible in June 2022.
Congo cancels Gertler’s Lake Albert permits
Congo Kinshasa has cancelled two permits held by billionaire Dan Gertler’s Oil of DRCongo.
Making the case for communities
Companies working in Africa must do more to bolster local industry and participation, or risk continued challenges around security and legitimacy.
Macron says “count on me” for EACOP support
French President Emmanuel Macron has spoken of his support for the East African Crude Oil Pipeline (EACOP).
Total rides oil prices higher
Benefiting from higher oil prices, Total reported an adjusted net income of $3 billion for the first quarter, up 69% year on year.
Uganda prices up Lake Albert plans
The Lake Albert development, including export pipeline, will cost $15 billion with contracts expected to be dished out following final investment decision (FID) on April 11.
Total gives greenlight in Uganda
Uganda approves EACOP study
Uganda’s National Environment Management Authority (NEMA) has approved Total East Africa Midstream’s (TEAM) environmental report on the Ugandan part of the East African Crude Oil Pipeline (EACOP).
Tullow completes sale to Total, exits Uganda
Tullow Oil has completed the sale of its Ugandan assets to Total, receiving $500 million.
Uganda tax deal paves way for Tullow sale to Total
Tullow Oil has reached a binding tax agreement with Uganda, which should allow it to close a sale to Total shortly.
Uganda signs Total, Tanzania deals
Uganda has signed a host government agreement (HGA) with Total on the East Africa Crude Oil Pipeline (EACOP), followed by new declarations with Tanzania on the link.