UGANDA: Tullow completes $575 million sale of Uganda assets to Total

Tullow Oil  has announced that the sale of its assets in Uganda to Total has completed with $500 million consideration received earlier today. Tullow is also due to receive a … Read More

Uganda’s Second Licensing Round: Joining Africa’s Next Oil & Gas Frontier

Among the few ongoing licensing rounds on the continent this year is Uganda’s Second Licensing Round, announced by the Ministry of Energy and Mineral Resources last year. The deadline for … Read More

East Africa’s Oil Industry: A New Story in the Making

The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the East African Crude Oil Pipeline, marks the beginning of a … Read More

Uganda underlines its intention to become a major oil and gas player

President Museveni, Tullow Oil and Total’s CEOs could not have chosen a better time to announce their agreement to resolve a long-standing capital gains tax dispute that had earlier prevented … Read More