Uganda’s President Yoweri Kaguta Museveni has today witnessed the announcement of the Final Investment Decision (FID) for Uganda’s oil and gas Projects by the TotalEnergies EP Uganda, CNOOC Uganda Limited and the Uganda National Oil Company (UNOC). The ceremony, which took place at the Kololo Independence Grounds in Kampala was also attended by Philip Mpango, Vice President of the United Republic of Tanzania. This announcement of FID comes after the signing of key agreements including the Shareholders Holders Agreement (SHA), Tariff & Transportation Agreement (TTA), and Host Government Agreements (HGA) for the East African Crude Oil Pipeline (EACOP), and subsequent…
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Uganda’s President Yoweri Kaguta Museveni is today expected in Dar es Salaam, Tanzania to complete the signing of the East African Crude Oil Pipeline agreement. The signing ceremony will take place today as Tanzania appends signature on the Host Government Agreement for the East Africa crude oil pipeline to complete a set of crucial legal documents for the project to proceed. This comes after the 30 days that Tanzania requested for before it declares how much shareholding it will take in the East African crude oil pipeline which expired on Tuesday 18th May 2021. Last month, Uganda and Tanzania, together…
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Uganda and Tanzania together with Total E&P and China National Offshore Oil Corporation (CNOOC) Uganda have signed the East African Crude Oil Pipeline Tripartite Project Agreement, signaling the beginning of the development phase for commercial production of oil starting with building of the pipeline. The two governments were represented by presidents Yoweri Museveni and Samia Suluhu Hassan who flew into the country early this morning while Total E&P was represented by Patrick Pouyanne Chief executive officer and Chairman and Yuan Guangyu, President for China National Offshore Oil Corporation (CNOOC) Uganda The governments of Uganda and Tanzania are shareholders in the…
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“I am extremely disappointed. No body gains from the paralysis of these Brexit like discussions.” These were the words of Dr. Elly Karuhanga, the Chairman, Uganda Chamber of Mines & Petroleum in response to news that French oil giant, had suspended indefinitely all planned activities on the $3.5 billion and 1,445 km East Africa Crude Oil Pipeline (EACOP). Total SA is yet to release a formal statement, but an email from Total SA to Main Logistics Contractors on the EACOP, seen by this website, informed them that the “Project is now on hold as bid activity has been suspended indefinitely…
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Total SA has suspended, according to Bloomberg, a US-based online news agency, all planned activities on the $3.5b crude export pipeline. The pipeline, which stretches from Hoima District in western Uganda to Tanzania, is said to have been suspended after the collapse of a deal in which Tullow Oil Plc had hoped to dispose at least 21.7 per cent of its stake in Uganda to joint venture partners Total E&P and CNOOC. Bloomberg reported Wednesday, without providing more details that Total E&P had terminated all activities related to the 1,445-kilometer pipeline. It is not yet clear what impact the suspension…
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Silvia Nyambura Safeway Rightway Uganda Chapter a nonprofit organization comprised of several players in the private sector and registered under the ministry of internal affairs has invested US$ 300,000 in the first phase of a 3 year road safety initiative on the Northern corridor. The investment which became effective February 3, 2014, has already seen the organization partner with the Uganda police to train them in the use of laser witness speed guns under an enforcement program which is leaning on sensitization more than the traditional enforcement of road safety rules. The laser guns which will be placed in identified…
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By Taddewo Senyonyi The story of Uganda’s nascent oil & gas, since the black gold was discovered a few years ago, has turned into a sort of mud and flower after the rain story with some people choosing to see the mud and ranting endlessly about it, while those who have chosen to see the flowers, beginning to mint dimes from it. Regardless of the endless rants and beneath all this politicking and gesturing there is a real story of success, transformation and happiness and of course the occasional challenges, which for some naysayers, have been over blown to calamitous proportions. First, local farmers in…
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