Tullow hopes to conclude a farm-down to Total and CNOOC next year

Total and CNOOC will each have 44.11 percent stake in Uganda’s Oil reserves Edward Ssekika Tullow Oil Uganda Limited, a subsidiary of expects to conclude a farm-down with Total E&P Uganda BV and CNOOC by June next year. According to a Trading Update, the company has already submitted the proposed farm-down to government for approval. […]

Mugufuli makes case for ‘first oil’ before 2020

  Tanzania leader wants construction of crude oil export pipeline fast tracked Tanzania’s President John Pombe Magufuli wants investors, the governments of Uganda and Tanzania to expedite the construction of the East African Crude Oil Pipeline (EACOP). Magufuli argues that the pipeline should be constructed in the shortest time possible instead of waiting until 2020 […]

Mines Director Katto Orders All Illegal Artisanal Miners Out of Mines

  He describes artisanal miners as “a menace” to the mining sector Edward Ssekika In a new twist that arguably contradicts government rhetoric on Artisanal and Small Scale Miners (ASMs) in the country, the Director, Directorate of Geological Survey and Mines (DGSM) in the Ministry of Energy and Mineral Development, Edwards Kato, has ordered all […]