UGANDA: Final Refinery Funding Negotiations Announced with Alpha MBM Investments

Final negotiations for the financing and construction of Uganda’s USD 4 billion domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen by the … Read More

Uganda on Course for First Oil in 2025 – PAU

The drilling of production wells for the Kingfisher and Tilenga oil production projects is continuing since the launch in January 2023.  This is in preparation for the planned commencement of … Read More

MOZAMBIQUE: Eni, CNOOC Seek Exploration Rights in the Angoche & Save Basin

International energy companies Eni Mozambico SpA and CNOOC Hong Kong Holding Limited, last week submitted proposals to explore areas under the 6th Licensing Round for the concession of areas for oil and gas exploration … Read More

GABON: Stena Drilling Secures Contract with CNOOC for Mobile Offshore Drilling Unit (MODU) Stena Icemax

The two (2) well program, scheduled for Q1 2023, will be off the coast of Gabon and has an estimated total campaign duration of 90 days. CNOOC International – through … Read More

UGANDA: CNOOC’s Most Advanced LR8001 Land Rig Enroute to the Kingfisher Oilfield

The most advanced Chinese oil drilling equipment in the oil and gas Industry exploration and development sector which was represented by the ‘Drilog and Welleader’ system and the land rig … Read More

UGANDA: Seven Recommendations After the Final Investment Decision

Source: Natural Resource Governance Institute On Tuesday 1 February 2022, the project’s joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC) and Uganda National Oil Company (UNOC), announced that … Read More

East Africa to Witness Increased Upstream Activity in 2022

The three countries Kenya, Uganda and Tanzania could see investments of over $13 billion in the upstream sector from ongoing exploration and entry in the development stage. This is according … Read More

Uganda/ Tanzania: Launch of the $10 Billion Lake Albert Resources Development Project

During a ceremony held in Kampala, in the presence of  Yoweri Museveni, President of the Republic of Uganda, Philip Mpango, Vice-President of the United Republic of Tanzania, Patrick Pouyanné, Chairman … Read More