Neptune drills a third exploration well, Mvule-1, in Exploration Area 5 (Rhino Camp basin, West Nile). The well does not discover oil or gas.
President Museveni makes a two-hour speech to parliament defending the recent signing of oil contracts with Tullow, and saying that Uganda will take at least 76.2 per cent of revenues deriving from oil. Opposition MPs boycott the address. Some MPs threaten to take the government to court over the signing of the contracts, and ask […]
Two oil bills are tabled in parliament: the Petroleum (Exploration, Development and Production Bill) 2012 and the Petroleum (Refining, Gas Processing and Conversion, Transportation and Storage) Bill 2012. According to Uganda’s parliamentary procedure, the standing Natural Resources Committee will spend 45 days examining the bills and consulting with stakeholders, will make any revisions they see […]
Tullow signs two production sharing agreements with the government in what is seen as a green light for the company’s farm-down deal with China’s CNOOC and France’s Total. The agreements cover the 3,000 km2 Exploration Area 1 in the Pakwach Basin and the 170 km2 Kanywataba Prospect in Ntoroko District (which was carved out of Bundibugyo […]
A group of pastoralists “reportedly invaded the Waraga-1 well site” operated by Tullow Oil Pty in Buseruka sub-county, Hoima District, according to the UK-based oil industry newsletter, Afroil. “A local Toonya [sic] official had expressed concerns about the recent increase in pastoralists settling around the well to access water and grazing lands,” the March 20, […]