Uganda is yet to approve the multi-trillion shilling deal involving Total E&P and Tullow Oil since the two firms announced their planned transaction, three months ago. Kampala, Uganda | RONALD MUSOKE | In a statement delivered via a webinar during the national content supplier workshop on Aug.5, Total E&P Uganda …
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Here are the likely impacts of delays in making the Final Investment Decision after seven postponements | CORTI PAUL LAKUMA | Yet again the final investment decision (FID) on oil production in Uganda was delayed in August 2019. The delay meant that the date for first oil had to be …
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Uganda woos new oil investors in Cape Town Kampala, Uganda | RONALD MUSOKE | Despite the current stalemate in the local oil and gas industry, the government remains optimistic that the joint venture oil companies involved in commercializing Uganda’s petroleum resources will reach a final investment decision before April, 2020. …
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CSOs accuse NEMA, oil companies of doing sham environmental impact public hearings Kampala, Uganda | RONALD MUSOKE | Civil society organisations that are tracking developments in Uganda’s fledgling oil and gas industry have asked the National Environment Management Authority (NEMA) to ensure transparency and accountability whenever citizens are appraising oil …
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Kampala, Uganda | THE INDEPENDENT | Tension is high among communities on the proposed route for the crude oil pipeline in Rakai and Kyotera districts as thugs raid their homes demanding for compensation money. Hundreds of people in Rakia and Kyotera districts required to vacate their land are upon compensation to …
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Kampala, Uganda | THE INDEPENDENT | The government has reaffirmed its commitment to ensuring that the East African Crude Oil Pipeline (EACOP) project comes to fruition despite recent challenges. The assurance was given by Minerals State Minister, Peter Lokeris in Kakumiro district at the opening of a public hearing into the …
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There is plenty to cheer than mourn about after Tullow oil deal failed THE INDEPENDENT | RONALD MUSOKE | Following the August fallout of Tullow Oil Plc’s farm down to Total E&P Uganda and China National Offshore Oil Corporation (CNOOC), the government appears to be going after a three-pronged come-back …
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‘The man ready to teach Uganda a lesson’ Kampala, Uganda |THE INDEPENDENT | Details emerging following the recent failure of major oil companies to pressure the Uganda government to grant tax concessions before a crucial purchase and sale deal are casting the country as a “nightmare” for oil firms. And …
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Will he flee or fight oil firms? Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s plan to get Shs 446 billion from Uganda’s Petroleum Fund to finance part of the budget deficit this year may have been dashed when Tullow Oil refused to cough up Shs 600 billion in …
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Kampala, Uganda | THE INDEPENDENT | Oil company Total E&P will now focus on negotiations with government to ensure that the Final Investment Decision (FID) is made. The FID is the point at which everything is in place for a project to go ahead. It’s the project execution phase begins and …
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The Independent Uganda: You get the Truth we Pay the Price