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Oct 10 results
19:05
19:05

IEA: Oil Investment Drought Source Of Concern tullow 1

he head of the International Energy Agency IEA, Dr. Fatih Birol, says the weak global investment picture in the oil and gas sector remains a source of concern. Birol in a statement on Monday said more investment in global oil and gas exploration and production is crucial to ensure future supplies are able to meet growing demand.
12:25
12:25

Tullow, Partners Notify Govt on Farm-Down Deal cnooc uganda 1

Tullow Oil, in January this year, agreed to transfer 21.57 percent of its 33.33 percent interests in Lake Albert Development Project covering exploration areas 1, 1A, 2 and 3A to Total for a total consideration of USD 900 million 3.27 trillion Shillings.
14:12
14:12

Oil Production May Start without Local Participation – Rubondo oil jobs 3 1 Top story

It is emerging that citizens and international oil companies have found it difficult to meet the 48 percent equity participation requirements with hardly three years left to the 2020 target for first oil production.
20:52
20:52

Oil Joint Venture Partners Contract Engineering Design Study oil in uganda 2 1 Top story

The launching of the study has been viewed as another landmark decision that could see Uganda in commercial Oil production in the next three years.
11:00
11:00

Total, Tullow Issue Call For Oil Field Development

In a request for expression of interest published in the press on Tuesday, Total and Tullow say they require the services of an experienced and reputable engineering contractor to provide early site preparation in Block 1 under Total and Block 2 under Tullow.
17:30
17:30

Total, Tullow, fight over Crude Oil exportation route cnooc uganda 1 Top story

With the two companies preferring different routes, the question is whether Uganda government will side with one of them. Uganda has also been party to the two agreements with Kenya and Tanzania.
08:09
08:09

Tullow Pays the Price for Delayed Project Approvals cnooc uganda

Tullow Oil Plc has announced that it would take a loss of 115 million US Dollars, approximately 295.2 billion Uganda Shillings, over delayed project approvals and failure to secure extensions on some exploration licenses in Uganda.
10:31
10:31

Govt Meets Oil Refinery Bidders, Investor to Be Announced In June oil refinery plant

Government has met with representatives of the companies that bid to construct an oil refinery in Kabaale Parish, Buseruka Sub-County, Hoima District. Energy Minister Irene Muloni says they discussed the proposed project structure, base case configuration and addressable market for the refinery, the relevant Agreements, and the scoring criteria for both technical and financial proposals.
08:16
08:16

Tullow Abandons Drilling For Oil On Lake Albert oil in uganda 1 1

In its 2013 Financial Report Tullow said it has had to stop any appraisal and development work on the Ngassa field. The statement partly reads that the Ngassa field \"has been written off due to offshore appraisal and development being currently uneconomic.”
10:41
10:41

NEMA Claims Oil Waste Not Harmful To Environment tullow 3

NEMA Executive Director Tom Okurut said that tests have finally been carried out on the wastes and that the results indicated it has no harm. He explained that the samples the wastes tested were found to contain substances capable of polluting the environment, mainly traces of heavy metals in addition to residual hydrocarbons but in less concentration.
Oct 10 results