Tullow Oil is set to announce on Thursday how it will repair a ship that is a hub for its most important oil field, and is likely to recommend a fix that will allow output to continue – instead of suspending it for a year, officials said. The ‘spread mooring’ solution would mean Tullow avoids
Minerals State Minister Peter Lokeris Says Uganda will Issue Production Licences to Tullow and Total Late June
By end of June, Uganda will have issued production Licences to industrial players Tullow Oil and Total E&P Uganda, State Minister for Minerals Peter Lokeris said. Speaking to the media during a dialogue organised by Advocates Coalition for Development and Environment (ACODE), Lokeris said the country took long to issue production licenses because there was
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
French Giant Total Wins as Uganda Settles for Tanzania in the Crude Oil Export Pipeline Project
Uganda announced settling for the Southern route to Tanzania’s Port of Tanga as the economically viable oil pipeline exit point as opposed to Kenya. The Tanga route was backed by Gulf Interstate Engineering study and French giant Total was the major stakeholder while the Southern and northern Kenya routes, were informed by Toyota Tsusho feasibility
Tullow says there is ‘Loss of Gains’ if Uganda and Kenya don’t agree on Joint Pipeline
Tullow Oil Plc, a major operator in both Uganda and Kenya Oil sector says there are enormous opportunity costs if both nations fail to agree on a joint pipeline. The company is waiting settlement on the Oil pipeline route and decision on the market options before making operational Final Investment Decision in both East African
Tullow makes new Oil Discovery in Kenya’s Kerio Basin
Britain’s Tullow Oil said it had made an oil discovery in Kenya, which could mean opening up a second oil basin for development in the country south of finds already made. The Kenya and Uganda have both made oil finds that have yet to start commercial production, part of a string of energy discoveries along
Tullow Oil delays Investment in Uganda Oil Field, says Pipeline Route Must be decided before
Reuters CAPETOWN Tullow Oil Plc plans to make a Final Investment Decision (FID) on a new oilfield project in Uganda in early 2017, later than planned, Chief Executive Aidan Heavey said. Tullow, according to the earlier plans resolved to make FID on its oilfield in Uganda by the end of 2016 following major oil discoveries in
Oil Exploration; Major firms ignore Uganda, rush for Mozambican oil fields
Mozambique announced closure of the Fifth Licensing round of 15 blocks with hydrocarbon potential in the offshore areas of Rovuma, Zambezi and Angoche, and the onshore areas of Pande-Temane and Palmeira on July 30, 2015. Following a call for applicants that commenced in October 2014, the nation emerged from the Request for application process with seven
Tullow Oil announce progress in East Africa oil fields as its revenues fall by 35% in half of 2015
Tullow oil plc has announced steadfast progress in its major development projects in East and West African oil fields despite decline in revenue in the first half of the year 2015. According to a statement from Tullow oil on the status of its operations, the company the has registered a fall in its revenue by 35%
Tullow Oil suspends gas exports from Ghana’s Jubilee field over technical fault
Tullow oil plc has suspended gas exports from its major African field of Ghana following a persistent technical fault. The Jubilee field in Ghana is one of Tullow’s leading offshore projects from which its major capital investments are based. The company said the technical fault has also lowered its output since July 3, 2015 but