UK's Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m.
Sri Lanka’s Vidullanka Plc said it has completed building a 6.5MW mini-hydro power plant in Uganda, which will be connected to the national grid late March after a joint testing by the relevant authorities.
Uganda's economy is estimated to expand by 5.2% in the fiscal year 2017/2018, despite a previous drop to 5% in 2016/2017, thanks to foreign and domestic investment in infrastructure in the oil industry, according to ...
Uganda and Tanzania have awarded a contract for designing a crude oil pipeline running through both east African countries to US based firm Gulf Interstate Engineering.
Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total for a total consideration of $900m.
Sustainable Energy Fund for Africa (SEFA) granted $993,000 to power developer Earth Energy Co Ltd for preliminary works for the development of a 20MW biomass gasification project in Uganda.
The Ugandan government is set to table a Bill to seek stronger safeguards against pollution and wastes arising from oil and gas activities as the country prepares for oil production.