Tullow trims sails
Tullow Oil produced 77,000 barrels per day of oil in the first half, in line with expectations.
Uganda
UNOC pitches for exploration partners
Uganda National Oil Co. (UNOC) has invited companies to participate with it in the upcoming bid round.
China eyes African opportunities
Amidst the oil price crash crisis and the pressure on companies, opportunities are emerging for those with resources.
CNOOC opts out of Uganda pre-emption
CNOOC Uganda will not pre-empt the sale of Tullow Oil’s stake in Lake Albert to Total.
Tullow hits pause in Kenya
Tullow Oil has declared force majeure at its site in northern Kenya, putting plans to sanction the project this year in jeopardy.
Uganda-Tanzania pipeline construction planned for 2021
Work on the East Africa Crude Oil Pipeline (EACOP) is expected to begin in April following a final investment decision (FID), according to a budget speech from the Tanzanian Minister of Energy.
Total to buy Tullow’s Uganda licences
Tullow Oil has struck a deal to sell its entire stake in Uganda’s Lake Albert project to France’s Total for $575 million.
AfDB denies East Africa pipeline plans
The African Development Bank (AfDB) has denied that it plans to support the proposed East African Crude Oil Pipeline (EACOP).
Price drop puts the squeeze on African projects
Many new projects in Africa will be delayed as a result of the oil price drop, Rystad Energy has said.
As pressure mounts, Tullow launches sale plans
Tullow Oil has slashed spending in 2020 and set out major disposal plans in an attempt to weather the storm.
Win for Total in French case over duty of vigilance
A court in France has found it does not have the right to hear a complaint against Total in Uganda, in an early blow to a new law.
Tullow takes write down on lower for longer prices
Tullow expects to report pre-tax impairments and exploration write-offs of around $1.5 billion for 2019, as a result of a lower oil price forecast and a reduction in 2P reserves at the TEN project, offshore Ghana.
Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Tullow chief exec and exploration boss exit, shares nosedive
Tullow Oil chief executive Paul McDade and exploration director Angus McCoss have resigned with immediate effect as production expectations for 2020 and beyond have been slashed.
Armour rained out in Uganda
Australia-listed Armour Energy has suspended work on its 2D seismic shoot in Uganda as heavy rains have made work impossible.
French NGOs pressure Total over Uganda work
A group of NGOs has filed in a French court to compel Total to disclose details of its human rights and environmental plans in Uganda.
Uganda keeps oil industry hopes alive
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
Uganda’s export dream on thin ice
Preparations for the East African Crude Oil Pipeline (EACOP) have ground to a halt in Uganda following the termination of Tullow Oil’s farm-out talks.
Uganda, shining a light through Pee Power
Urine has proved a useful fuel to power lighting in rural Africa.
Chinese to take slice of Tullow’s Uganda farm down
Chinese firm Cnooc will take a slice of the Ugandan assets Tullow Oil is selling to Total.
Total makes Tullow Oil acquistion for $900million
Total confirmed it would acquire part of Tullow Oil's stake in an Ugandan project for $900million.
Oil firms including Sinopec express interest in Ugandan oil refinery
Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery.
Tullow, Total’s Uganda oil exports face delays on infrastructure
Output from Ugandan crude deposits being developed by companies including Tullow Oil Plc and Total SA is unlikely to be exported as soon as the nation expects because of the scale of the infrastructure projects required to transport the fuel out of the country.
Tullow and Total scoop up eight Ugandan licences
Uganda has shared out eight production licences between Tullow Oil and France’s Total, a news report said today.
Uganda offers $4bn refinery project to Korea-led group
Uganda’s government invited a group of companies led by SK Engineering & Construction Co. of South Korea to begin negotiations to build an oil refinery as it suspended a deal with a rival Russian company.