Geza Ulole
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- Oct 31, 2009
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Tullow oil refused production licence in Uganda
Tullow oil refused production licence in Uganda
- Thread starter Geza Ulole
- Start date
Iconoclastes
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- May 26, 2014
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BTW, si u take hizi habari za Uganda kwa Uganda news section? What are Kenyans supposed to say or do regarding this matter which is clearly their affair.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
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- #5
ur media was distorting the facts a reason i am posting here for laypeople like u to know the truth n feel ashamed!
Tue 30 Aug 2016 | 16:07 GMT
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Uganda gives Tullow Oil, Total production licences
Tue Aug 30, 2016 11:42am GMT
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By Elias Biryabarema
KAMPALA (Reuters) - Uganda granted on Tuesday five production licences to UK-listed explorer Tullow Oil and three to France's Total, clearing a major hurdle as the east African country aims to move more quickly towards crude production.
Commercial oil reserves were discovered in Uganda a decade ago, but production has been repeatedly delayed amid wrangling over taxation and field development strategy.
The licences cover Exploration Area One (EA1), operated by Total, and Exploration Area Two (EA2), operated by Tullow, Energy Minister Irene Muloni told reporters.
Muloni said the offer of licences ended a period of protracted negotiations and it was "now time for serious work to start."
"The grant of these production licences will trigger the immediate work programme ... for production of petroleum in Uganda."
Total, Tullow, and China's CNOOC jointly own Uganda's fields and the Chinese firm was the first to be granted a production licence in 2013.
The licences offered on Tuesday are valid for 25 years and can be renewed for an additional five years.
Tullow and Total are required to make final investment decisions 18 months after receiving the licences and Muloni said commercial oil production was expected to begin in 2020. Continued...
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Geza Ulole
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But ur media has been telling lies all along and even this news doesn't say production licence on which blocks?
See the difference exploration areas while those of Total have already been explored! And what remains is production!
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UPDATE 1-Uganda says to grant oil production licences to France's Total
Wed Aug 3, 2016 2:09pm GMT
((Adds details from statement,)
By Elias Biryabarema
KAMPALA Aug 3 (Reuters) - Uganda's cabinet agreed on Wednesday to allow the energy ministry to grant three oil production licences to France's Total, the presidency said.
Commercial crude reserves were discovered in the east African country a decade ago but production has been repeatedly delayed amid wrangling over taxation and field development strategy.
The absence of key infrastructure, such as a crude export pipeline, has also slowed progress to production.
According to a statement issued by the president's office, the cabinet approved a request from the minister of energy to allow the issue of three petroleum production licences to Total E&P.
The licences cover the Ngiri, Jobi-Rii and Gunya fields in the Albertine rift basin, the area along the country's border with the Democratic Republic of Congo.
The licenses will be valid for 25 years and can be renewed for an additional 5 years, the presidency said in the statement.
Total is the second oil firm to be offered a production license after one of its partners, China's CNOOC.
Tullow Oil, which also co-owns fields with Total and CNOOC, has also applied for production licences and has been waiting for approval for years.
In April, Uganda agreed with Tanzania to jointly develop a pipeline to the Indian Ocean port of Tanga to help export Uganda's crude reserves, which are estimated at 6.5 billion barrels.
(Editing by Louise Heavens)
© Thomson Reuters 2016. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
See the difference exploration areas while those of Total have already been explored! And what remains is production!
Print | Close this window
UPDATE 1-Uganda says to grant oil production licences to France's Total
Wed Aug 3, 2016 2:09pm GMT
((Adds details from statement,)
By Elias Biryabarema
KAMPALA Aug 3 (Reuters) - Uganda's cabinet agreed on Wednesday to allow the energy ministry to grant three oil production licences to France's Total, the presidency said.
Commercial crude reserves were discovered in the east African country a decade ago but production has been repeatedly delayed amid wrangling over taxation and field development strategy.
The absence of key infrastructure, such as a crude export pipeline, has also slowed progress to production.
According to a statement issued by the president's office, the cabinet approved a request from the minister of energy to allow the issue of three petroleum production licences to Total E&P.
The licences cover the Ngiri, Jobi-Rii and Gunya fields in the Albertine rift basin, the area along the country's border with the Democratic Republic of Congo.
The licenses will be valid for 25 years and can be renewed for an additional 5 years, the presidency said in the statement.
Total is the second oil firm to be offered a production license after one of its partners, China's CNOOC.
Tullow Oil, which also co-owns fields with Total and CNOOC, has also applied for production licences and has been waiting for approval for years.
In April, Uganda agreed with Tanzania to jointly develop a pipeline to the Indian Ocean port of Tanga to help export Uganda's crude reserves, which are estimated at 6.5 billion barrels.
(Editing by Louise Heavens)
© Thomson Reuters 2016. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
That's Reuters reporting not a Kenyan media house. what's important is that they have been granted a licenseBut ur media has been telling lies all along and even this news doesn't say production licence on which blocks?
See the difference exploration areas while those of Total have already been explored! And what remains is production!
Print | Close this window
UPDATE 1-Uganda says to grant oil production licences to France's Total
Wed Aug 3, 2016 2:09pm GMT
((Adds details from statement,)
By Elias Biryabarema
KAMPALA Aug 3 (Reuters) - Uganda's cabinet agreed on Wednesday to allow the energy ministry to grant three oil production licences to France's Total, the presidency said.
Commercial crude reserves were discovered in the east African country a decade ago but production has been repeatedly delayed amid wrangling over taxation and field development strategy.
The absence of key infrastructure, such as a crude export pipeline, has also slowed progress to production.
According to a statement issued by the president's office, the cabinet approved a request from the minister of energy to allow the issue of three petroleum production licences to Total E&P.
The licences cover the Ngiri, Jobi-Rii and Gunya fields in the Albertine rift basin, the area along the country's border with the Democratic Republic of Congo.
The licenses will be valid for 25 years and can be renewed for an additional 5 years, the presidency said in the statement.
Total is the second oil firm to be offered a production license after one of its partners, China's CNOOC.
Tullow Oil, which also co-owns fields with Total and CNOOC, has also applied for production licences and has been waiting for approval for years.
In April, Uganda agreed with Tanzania to jointly develop a pipeline to the Indian Ocean port of Tanga to help export Uganda's crude reserves, which are estimated at 6.5 billion barrels.
(Editing by Louise Heavens)
[emoji767] Thomson Reuters 2016. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #10
But those for Tullow and Total are all exploration licences, these are in addition to Total three production licences granted on 4th August and read again you will understand! No exploration term was mentioned on Total's issuance licence on 4th August! The blocks are pretty different!
"1 of 1Full Size
By Elias Biryabarema
KAMPALA (Reuters) - Uganda granted on Tuesday five production licences to UK-listed explorer Tullow Oil and three to France's Total, clearing a major hurdle as the east African country aims to move more quickly towards crude production."
unless i am reading it incorrectly i could swear it reads "production licences". then again we all see what cements our convictions
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
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- Thread starter
- #12
production licences on oil unproven blocks!
Are you saying they were not given production licences?