Uganda Lures DRC into the East Africa Crude Oil Project

The Uganda government is trying to interest the Democratic Republic of Congo to use the East Africa crude oil project (EACOP) to export its oil. Earlier this week Minister of Energy … Read More

Amosing 7 Well Successful As Exploration and Appraisal Drilling In South Lokichar Concludes

The Amosing 7 appraisal well drilled using the Marriot Rig 46 has encountered 25 meters of net oil and gas pay concluding the 2017 exploration and appraisal drilling campaign on a … Read More

Kenya Joint Venture Partners Sign the Joint Development Study Agreement for the Crude Oil Pipeline

The Lokichar-Lamu crude oil pipeline today took a significant step forward following the signing of a Joint Development Study Agreement (JDA) between the Government of Kenya and Tullow Oil, Africa … Read More

Total E&P Reassures Uganda of its Commitment Following Entrance into Kenya’s Oil Rich Turkana

Total has written to Uganda assuring the country that it will not abandon the $3.55 billion heated crude oil pipeline through Tanzania after buying assets in neighbouring Kenya. The news … Read More

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, 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

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