Meant to transport the oil coming from three oil fields being developed in Uganda, the East African Crude Oil Pipeline (EACOP) would be the longest heated crude oil pipeline in the world, estimated to cost $2.5-billion. At full production, it is expected to transport up to 230,000 barrels a day. Planned to run from the shores of
Congo in talks with Tullow oil on purchase of blocks with Uganda border
The Congolese government has talked to Tullow Oil about purchasing a stake in the Lake Albert licences along the country’s border with Uganda, said four people with knowledge of the discussions. Total and Eni had also showed some interest, two of the people said. The blocks could be a natural fit for Tullow and Total,
Uganda to Develop Oilfields Worth $5 Billion
In a bid to expedite the growth of its oil industry, Uganda plans to spend at least $5 billion on the development of the Kingfisher and Tilega oil fields, which are currently the subject of a tax dispute between government and three oil companies. This amount forms part of the $15 billion to $20 billion
Total to boost its Nigeria output
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding that the increase will come from the development of the Egina Deep project. “Our plan is to maintain aggressive exploration and appraisal
Workers At Total’s North Sea Oil, Gas Platforms Plan for fifth Strike On Aug 20th
Workers at three oil and gas platforms in the North Sea operated by Total have planned for a fifth set of a 24-hour on August 20,after failure to reach an agreement in the meeting with the French major on Thursday. Unite, UK’s biggest trade union today posted on twitter; “Unite met Total today where
China to expand energy footprint in Iran
The next episode of friction between Beijing and Washington could be staged in Iran, where a top Chinese energy firm, defying latest U.S. sanctions, is likely to expand its stake in a giant Iranian gas field. China National Petroleum Corporation (CNPC), the world’s third-largest oil and gas firm, has replaced Total, the French energy giant,
Total working to sustain Angolan oil production
Energy services company TechnipFMC said it would work alongside Total at a prospect the French supermajor said marked a new chapter offshore Angola. The French services company said it secured an engineering, procurement and construction contract in the deepwater Zinia field offshore Angola, a member of the Organization of Petroleum Exporting Countries. Total leads a
Angolan oil company chooses foreign supplier for fuel
The Angolan National Society of Fuels (Sonangol) chose the French company Total as a supplier of one million 200 thousand tons of gasoline until March next year, stated the news here today. This selection arose from a public contest launched last January, to which about twenty European, Asian and US companies were presented.The contract was
Uganda Cabinet Endorse Issuance of Oil Production Licences to French Giant Total
The government of Uganda approved a ministerial request to issue Oil Production Licences to French Giant Total Uganda oil has learnt. According to a cabinet communique, government approved the Minister of Energy and Mineral Development request to issue three production for fields; Ngiri, Jobi-ri and Gunya under exploration area 1 of the Albertine Basin. “…approved
Uganda appoints head of National Oil Company as Nation nears Commercial Production
Uganda announced the appointment of the chief executive of the National Oil Company in another step towards the implement the national local content policy. The Uganda National Oil Company (NOC) is established under the Petroleum (Exploration, Development and Production) Act 2013. Key of it’s mandated is to ensure an adequate, reliable and affordable supply of