Tullow to sell stake to Total and CNOC after getting Production license and agreement from Uganda

The government of Uganda has finally award to Tullow Oil Company an oil production license for 400 million barrel kingfisher oil well found in western Uganda worth 1.5 billion US dollars. Tullow oil will now be able to resume oil activities in the region and especially sell two thirds of its its stake to Ferance’s Total and China’s CNOC. The long waited move

Continue Reading →

Uganda production sharing agreements with oil companies

The oil production sharing agreements are here for you to browse in full. The government of Uganda has signed production sharing agreements with oil companies prospecting and showing interest in production of oil in Uganda. The PSAs have been a matter of public concern with many people calling upon the government to make them public,

Continue Reading →