Cabinet has approved plans to open up six blocks in the Albertine Graben for licensing in the country’s first competitive bidding round. State Minister for Energy, Eng. Simon D’ujanga, informed parliament last week that preparations for this bidding round commenced after the new law was put in place and were now culminating with the submission
Heritage mulls over possible appeal after losing case to Tullow
Whilst Tullow Oil Uganda has every reason to celebrate after winning a $313m case against Heritage Oil, Heritage won’t back down just as yet; it is now considering the option of appealing the ruling. In his judgment, Mr. Justice Burton found in favour of Tullow’s indemnity claim for US$313 million in its entirety and