Uganda issues 8 production licences to Tullow Oil, Total

[MK254]

Somebody once said Tullow will never be given production license in Uganda because of their operations in Kenya.... Haya hii hapa


Uganda has issued eight oil production licenses to two firms, British Tullow Oil and France’s Total as it moves to speed up its export plans.

On Tuesday, Tullow was allotted five licences while Total got three, bringing the total permits issued to nine after the Uganda handed one to the Chinese National Offshore Oil Company (CNOOC) in 2013.

The country has set a target of 2020 for its oil to begin flowing from the 6.5 billion barrels of reserves confirmed so far out of which between 1.4 and 1.7 billion barrels are recoverable.

Exploration efforts for more hydrocarbons have also been enhanced with the signing of production sharing agreements (PSAs) with three Nigerian and one Australian earlier this month.

Uganda’s oil fields, for which the production licences were issued, are jointly owned by Total, Tullow and CNOOK following a $2.9 billion farm down by Tullow to the two others in February 2012.

“The companies are expected to move towards Final Investment Decision within 18 months after the issuance of the production licenses and field oil is expected in the year 2020,” said energy minister, Irene Muloni while handing over the licenses in Kampala.

The companies are expected to invest $8 billion in the oil-related infrastructure. The investments will include drilling of about 500 wells, construction of central processing facilities and feeder pipeline among others.

Some of the petroleum will be refined locally by a 60,000 barrel-refinery to be built in Kabale, Hoima district while the rest will be evacuated by a crude pipeline through Tanzania to Tanga Port.
Uganda issues 8 production licences to Tullow Oil, Total

 

[bongo-live]

hahaa mpemba leo umebana....dahhh

 

[bongo-live]

Ndicho alichomnong'oneza eeeehhh...

 

[Geza Ulole]

Somebody once said Tullow will never be given production license in Uganda because of their operations in Kenya.... Haya hii hapa


Uganda has issued eight oil production licenses to two firms, British Tullow Oil and France’s Total as it moves to speed up its export plans.

On Tuesday, Tullow was allotted five licences while Total got three, bringing the total permits issued to nine after the Uganda handed one to the Chinese National Offshore Oil Company (CNOOC) in 2013.

The country has set a target of 2020 for its oil to begin flowing from the 6.5 billion barrels of reserves confirmed so far out of which between 1.4 and 1.7 billion barrels are recoverable.

Exploration efforts for more hydrocarbons have also been enhanced with the signing of production sharing agreements (PSAs) with three Nigerian and one Australian earlier this month.

Uganda’s oil fields, for which the production licences were issued, are jointly owned by Total, Tullow and CNOOK following a $2.9 billion farm down by Tullow to the two others in February 2012.

“The companies are expected to move towards Final Investment Decision within 18 months after the issuance of the production licenses and field oil is expected in the year 2020,” said energy minister, Irene Muloni while handing over the licenses in Kampala.

The companies are expected to invest $8 billion in the oil-related infrastructure. The investments will include drilling of about 500 wells, construction of central processing facilities and feeder pipeline among others.

Some of the petroleum will be refined locally by a 60,000 barrel-refinery to be built in Kabale, Hoima district while the rest will be evacuated by a crude pipeline through Tanzania to Tanga Port.
Uganda issues 8 production licences to Tullow Oil, Total

Tullow has got licences for blocks without proven reserves!

 

[MK254]

Somebody once said Tullow will never be given production license because of their operations in Kenya.... Haya hii hapa

hahaa mpemba leo umebana....dahhh

Ushanfahmu lakini!!! Hilo neno Wapemba hulitumia sana na hufanya watu wa bara wanabaki wamedata, inabidi uwe makini sana wakati unamskiliza Mpemba....ushanfahmu

 

[nomasana]

Tullow has got licences for blocks without proven reserves!

you are a sad excuse of a human being.

you couldnt grow a pair and admit when you are wrong like a man?

i pity those that take you seriously

 

[bongo-live]

Somebody once said Tullow will never be given production license because of their operations in Kenya.... Haya hii hapa


Ushanfahmu lakini!!! Hilo neno Wapemba hulitumia sana na hufanya watu wa bara wanabaki wamedata, inabidi uwe makini sana wakati unamskiliza Mpemba....ushanfahmu

hehehe ayaaa baba, kwa hili sina ubish.

 

[Kafrican]

Tullow has got licences for blocks without proven reserves!

Uhuru met tullow chief operating officer 6 days ago before Ticad begun, Then he met Museveni during Ticad.... mhh, now am begining to understand what UK ment when he said he wasnt bothered loosing the pipeline deal to tz, , we are going to have the last laugh in this fiasco

 

[MK254]

Uhuru met tullow chief operating officer 6 days ago before Ticad begun, Then he met Museveni during Ticad.... mhh, now am begining to understand what UK ment when he said he wasnt bothered loosing the pipeline deal to tz, , we are going to have the last laugh in this fiasco
View attachment 391461

Yaani acha tu, huyu rais Uhuru ni moto wa kuotea mbali, jamaa anavyocheza michezo ya kimataifa. Am so proud of him, his advisers are doing a good job.

 

[Geza Ulole]

Yaani acha tu, huyu rais Uhuru ni moto wa kuotea mbali, jamaa anavyocheza michezo ya kimataifa. Am so proud of him, his advisers are doing a good job.

Hahah keep dreaming,

Uganda granting production licenses to support future refinery
9/1/2016

(Reuters) The country’s prospective 60-Mbpd refinery will reserve the right of priority access to the Ugandan crude, and the remainder will be exported via a crude pipeline to the Indian Ocean port of Tanga.


Uganda has granted five production licenses to UK-listed explorer Tullow Oil, and three to France's Total, clearing a major hurdle as the east African country moves toward increased energy independence and domestic production. The licenses are valid for 25 years with a renewal option for an additional five years.


Tullow and Total are required to make final investment decisions 18 months after receiving the licenses and commercial oil production is expected to begin in 2020.


Tullow and Total are expected to invest a combined $8 B in the infrastructure required to support oil production, including drilling 500 wells and erecting central processing facilities and feeder pipelines. Once production begins, the combined output from all the licensed areas is estimated to be between 200 Mbpd–230 Mbpd.


Commercial oil reserves were discovered in Uganda a decade ago, but production has been repeatedly delayed amid wrangling over taxation and field development strategy.


Uganda has an estimated 6.5 Bbbl of reserves in its fields located near its border with the Democratic Republic of Congo, according to estimates by government geologists.


Reporting by Elias Biryabarema; Editing by George Obulutsa and Mark Potter

Uganda granting production licenses to support future refinery

 

[Geza Ulole]

Uganda grants 8 oil production licenses to Total, Tullow

August 30, 2016
KAMPALA, Uganda (AP) — Uganda's government on Tuesday issued eight oil production licenses to two foreign companies, moving the East African country closer to becoming a producer of crude.

Five of the licenses were granted to Britain's Tullow Oil while France's Total was given three, after years of regulatory delays and tax disputes.

Representatives of the oil companies and Uganda's government signed agreements in the capital, Kampala.

Each license is good for 25 years and can be renewed for an additional five years.

The China National Offshore Oil Corporation, or CNOOC, previously had been granted a license to operate in Uganda, which in 2006 discovered commercially viable deposits of crude in the Albertine region bordering Congo.

Uganda hopes to become a crude producer in 2020.

"The granting of these production licenses today is a critical milestone for both Uganda and the three companies currently licensed to undertake petroleum exploration, development and production in the country," Uganda's Ministry of Energy and Mineral Development said in a statement.

Total and Tullow Oil are expected to make a final investment decision within 18 months. They are expected to spend over $8 billion on production infrastructure, including drilling about 500 wells and constructing holding facilities.

Between 200,000 and 230,000 barrels of crude will be produced daily by the three oil companies, with up to 60,000 barrels of that oil refined within the country, according to figures from Uganda's government. The rest will be exported through a pipeline leading to the Tanzanian port city of Tanga.

Uganda's government has said the oil companies will carry out environmental impact assessments and draw plans to resettle people displaced by the oil-related activities