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Dec 28 results
13:21
13:21

L. Albert Oil Project Final Investment Decision Now Expected in June cnooc uganda 1 1

The government has been banking on the Joint Venture Partners, Tullow, China National Offshore Oil Corporation-CNOOC and Total to make a Final Investment Decision with regard to the project, to unlock value in the countrys oil and gas sector.
17:56
17:56

Alur, Acholi Hit Back at Bagungu Over Tilenga Oil Project cnooc uganda 2 1

Anthony Odia, elder in Nwoya warns the Bagungu against tribal sentiments saying they could spark off conflicts.
11:56
11:56

Oil Discovery Changes Once Sleepy Hoima tullow oil company 7 1

When Uganda confirmed existence of commercially viable petroleum reserves in the Albertine Graben in 2006, the biggest question whether oil reserves would become a blessing or a curse to the country. Hoima, once a sleepy town and district has since the discovery of oil and gas been bustling with activity. The momentum has been higher this year with plans to construct an oil refinery and an international airport ahead of first oil by 2020.
07:15
07:15

Oil and Gas: Players Wary of Local Content Requirements tullow oil company 5 1 Top story

Several inward investors providing services to oil and gas sector are concerned about national participation and local content regulations being introduced by a private members bill soon to be tabled in Parliament.
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.
18:31
18:31

Chinese Firm to Build UGX 17B Oil & Gas Training Facility in Kampala tullow oil 2 1 Top story

The facility located in Bugolobi targets to train 1600 Ugandans annually in drilling, specialized welding for the pipelines, refineries and environment safety skills among others.
14:13
14:13

Government Seals UGX 7B Oil Deal with Australia's Armour cnooc uganda 1 2 Top story

Roger Creseey said his company is expected to commence work soon because it has some amount of money set aside for the work.
17:34
17:34

Australian Firm Gets Kanywataba Exploration License cnooc uganda 1

The signing of the Production Sharing Agreement and grant of Petroleum Exploration License will have Armour Energy Limited as a newcomer in Ugandas oils oil and gas sector. It is one of the three companies that made it to the last round of the first competitive licensing process which opened in February 2015.
16:55
16:55

Govt, Oil Refinery Consortium Begin Negotiations cnooc uganda 1 Top story

The first round of negotiations between the Uganda government and the Consortium selected to construct the oil refinery commence this week in Kampala. Sources at the Ministry of Energy reveal that negotiations are scheduled to take place from from 21 to 25 August.
17:59
17:59

Chinese Tipped On Opportunities in Uganda's Oil and Gas cnooc uganda 1 4

The Call was made by CNOOC Uganda President, Xiao Zongwei saying there are immense opportunities in Ugandas oil sector that Chinese should take advantage of.
18:58
18:58

Govt to Monitor Water Usage in Oil Production water shortage 2 1

A number of activists under the Water Governance Institute are expressing fear that communities living in Oil production areas may face water shortages when oil production commences. The activists say water may prove more of a hindrance during the oil production and development phase because of the large quantities required during the process.
19:23
19:23

Energy Watchdog Warns Of Oil, Electricity Shortages cnooc uganda 1

The reports says after two years of unprecedented decline, global upstream oil and gas investment is expected to stabilise in 2017.
16:27
16:27

CNOOC Seeks 50 Percent Stake in Tullow-Total Deal cnooc uganda 1

A statement from Tullow headquarters confirmed that CNOOC has notified Tullow that it has exercised its pre-emption rights under the joint operating agreements between Tullow, Total and Cnooc to acquire half of the interests being transferred to Total in Uganda.
09:49
09:49

Chinese Company Slated For Kingfisher oil FEED Study cnooc uganda 1

Uganda Radio Network has learnt that ten engineering firms submitted bids for the Kingfisher Front-End Engineering Design FEED. The selection of the winning bidders was reportedly handled by Ugandas parent company China National Offshore Oil Corporation CNOOC.
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.
13:06
13:06

Civil Society Find Gaps in Oil Land Acquisition Framework environment 1 2

The appeal comes barely two months after oil exploration giants Total, CNOOC and Tullow developed Ugandas Albertine Graben land acquisition and resettlement framework bringing the country another step closer to exploiting its vast oil reserves.
18:36
18:36

Oil Glut To Continue - Energy Agency cnooc uganda 1

The report says oil demand growth is slowing while supply is increasing. At the rate of increase in supply with low demand the International Energy Agency says the oil futures remain gloomy.
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.
07:10
07:10

Amount Of Uganda's Oil Grows Marginally cnooc uganda

The amount of oil Uganda can recover has grown marginally in 2014, according to Ernest Rubondo, the Commissioner, Petroleum Exploration and Production Department (PEPD). Uganda now boasts of 1.4 billion barrels of oil that is recoverable, up from 1.2 billion barrels. This, even after the available oil in the ground grew by 85 percent to 6.5 billion barrels. The amount recoverable means the oil Uganda can sell commercially and extract from the ground.
14:25
14:25

Heritage Oil loses Capital Gains Tax Appeal in London Court cnooc uganda Top story

The two entities ‘Tullow and Heritage Oil’ have been engaged in legal battles arising from a deal that was struck in 2010 which saw Tullow agree to pay £1.45billion to buy Heritage\'s assets at the Lake Albert basin. The basin is estimated to hold about one billion barrels of oil.
Dec 28 results