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Showing posts from August, 2016

Uganda's First oil set for 2020

By Nankwanga Eunice Kasirye  Government of Uganda has issued five Petroleum Production Licenses to Tullow Uganda Operations Pty limited and three other licenses to Total E&P Uganda B.V.  The eight Petroleum Production Licenses have been granted over oil fields in the Exploration Area 2 operated by Tullow and exploration area 1 operated by Total. The licenses were granted after the two companies earlier submitted their applications over the two areas.   The areas for which the licenses have been granted for Total and Tullow are equally shared with CNOOC Uganda Limited  The  granting of these licenses also  launches  the operation of an  implementation plan which was jointly  developed by  government of Uganda and the  oil companies in furtherance to the memorandum  of understanding  for sustainable  Development  of oil and gas resources discovered in the country. The plan provides for the three commercial...