Total Gets Stake in Turkana Following acquisition of Maersk Oil

Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas, a wholly owned subsidiary … Read More

Stanbic Bank and ICBC host Uganda – China Oil & Gas Business forum

Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited (ICBC), the world largest bank and most valuable bank by market capitalization, hosted an Oil & Gas … Read More

Stanbic, Sumitomo Mitsui, IBC Selected As Financial Advisors For East Africa Crude Oil Pipeline

Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima to Tanga 1,445-kilometer (898-mile) pipeline after they were contracted by … Read More

Total, CNOOC Lead Sponsors at Uganda International Oil & Gas Summit 2017

Total and CNOOC Limited have confirmed their support for the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017, partnering as lead sponsors and co-hosts to the event when it … Read More

Uganda, AGRC consortium Start Talks To Develop A Greenfield Oil Refinery

The Government of Uganda has announced that it has agreed core project terms for the Uganda Refinery Project with the Albertine Graben Refinery Consortium (AGRC) for the development of a … Read More

Work Begins on the East African Crude Oil Pipeline

President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipeline from Hoima district in Uganda to the Tanzanian … Read More