Decision near on $4bn Uganda pipeline, Standard Bank says
A controversial $4 billion crude oil pipeline to link Uganda and Tanzania has overcome a key hurdle that delayed a final decision, according to Standard Bank Group.
A controversial $4 billion crude oil pipeline to link Uganda and Tanzania has overcome a key hurdle that delayed a final decision, according to Standard Bank Group.
Reducing the carbon from oil and gas is critical to the energy sector meeting demand, but also to support transition plans around the world.
Uganda’s cabinet has approved licences for Uganda National Oil Co. (UNOC) and Australia’s DGR Global, with an initial period of two years.
CNOOC Uganda has erected the Kingfisher rig on location, in Uganda’s western Lake Albert, as drilling plans move ahead.
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’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.
The East African Crude Oil Pipeline (EACOP) company has applied to the Ugandan government for a licence to begin construction.
CNOOC Uganda has signed a joint application agreement with Uganda National Oil Co. (UNOC) on the Pelican-Crane block.
Uganda’s oil plans are starting to come together, with contracts nearing on the current project and with more to come.
On the cusp of activity starting, Uganda is making ready for a storm of activity to develop its Lake Albert resources.
Government and industry leaders to gather this month for the return of the Uganda International Oil & Gas Summit.
Work is getting under way in Uganda in preparation for the Lake Albert oil project, with the aim of reaching first oil by 2025.
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.
As a final investment decision (FID) looms on Uganda’s oil plans, opposition is targeting financial sources for the export pipeline.
Uganda goes to the polls today in an election that is likely to see President Yoweri Museveni returned for a sixth term.