Total, CNOOC Reach Deals On Uganda, Tanzania Projects

(Reuters, 12.Apr.2021) — French major Total said on Monday and its partners have concluded final agreements to launch the Lake Albert resources development project in Uganda and Tanzania. Total and partner China National Offshore Oil Corporation plan to exploit oil reserves in Lake Albert in Uganda and construct a $3.5 […]

Total Buys Tullow Interests In Uganda Project

(Total, 23.Apr.2020) — Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline. The overall consideration paid by Total to Tullow will be $575M, with an initial payment of $500M at […]