Uganda | Egypt Oil & Gas - Part 3
Sinopec Showed Interest in Uganda’s Refinery
Oil firms, including China's China Petroleum & Chemical Corporation (Sinopec), have expressed an interest in developing Uganda's planned oil refinery.
Uganda to Award Exploration Licenses
Uganda aims to sign deals by the year-end with the four oil exploration companies it had invited for talks in its first licensing round.
Infrastructure Lags to Delay Crude Exports
The scale of the Uganda’s infrastructure projects required to transport the fuel out of the country may delay the planned early exports of output from Ugandan crude deposits.
Tanzania, Uganda to Expedite Crude Pipeline
Tanzania and Uganda agreed to speed up the execution of the $3.5b East Africa crude oil pipeline (EACOP). The parties considered removing the fiscal package from the intergovernmental agreement (IGA).
Total to Produce Oil Offshore Congo in 2017
Total expects first production from Congo Republic's offshore Moho Nord field to add an extra 100,000b/d when it starts early 2017.
Tullow to Explore S. Lokichar field
Tullow Oil will restart exploration and appraisal drilling at Kenya's prolific South Lokichar field in December where it saw an upside potential of over 1b barrels of recoverable oil.
Total Took 10% Stake in Refinery
Total SA, the French oil company drilling wells in Uganda, agreed to take a 10% stake in the country’s planned refinery as it seeks other investors for the $4b plant.
CNOOC, Total to Build Uganda Pipeline
China National Offshore Oil Corporation and France's Total are in final talks over the construction of Uganda's oil pipeline that will run up to the Tanzanian seaport of Tanga.
