Uganda National Oil Co. (UNOC) has invited companies to participate with it in the upcoming bid round.
Amidst the oil price crash crisis and the pressure on companies, opportunities are emerging for those with resources.
CNOOC Uganda will not pre-empt the sale of Tullow Oil’s stake in Lake Albert to Total.
Tullow Oil has declared force majeure at its site in northern Kenya, putting plans to sanction the project this year in jeopardy.
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.
Tullow Oil has struck a deal to sell its entire stake in Uganda’s Lake Albert project to France’s Total for $575 million.
The African Development Bank (AfDB) has denied that it plans to support the proposed East African Crude Oil Pipeline (EACOP).
Many new projects in Africa will be delayed as a result of the oil price drop, Rystad Energy has said.
Tullow Oil has slashed spending in 2020 and set out major disposal plans in an attempt to weather the storm.
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 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 Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
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.
Australia-listed Armour Energy has suspended work on its 2D seismic shoot in Uganda as heavy rains have made work impossible.
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 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.
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.
Urine has proved a useful fuel to power lighting in rural Africa.
Chinese firm Cnooc will take a slice of the Ugandan assets Tullow Oil is selling to Total.
Total confirmed it would acquire part of Tullow Oil's stake in an Ugandan project for $900million.
Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery.
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.
Uganda has shared out eight production licences between Tullow Oil and France’s Total, a news report said today.
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.
Groups including Greenpeace and London Zoo have called on the Ugandan government to abandon plans to search for oil beneath Lake Edward.