Investors reach deal for Uganda oil megaproject DW 02/01/2022
The China National Offshore Oil Corporation (CNOOC) and the French firm TotalEnergies agreed to invest $10 billion (€8.9 billion) into a project to drill for oil in one
Investors reach deal for Uganda oil megaproject ?DW ?02/01/2022
The China National Offshore Oil Corporation (CNOOC) and the French firm TotalEnergies agreed to invest $10 billion ( ?.9 billion) into a project to drill for oil in one of the world's most
Total's contested oil projects in Africa: The case
Once extracted, the crude oil will be processed in Uganda and then transported by means of the longest heated pipeline in the world. Viscous oil must be kept at an elevated temperature in order to circulate. It will cross Uganda in this state from the northwest to the southeast, and follow the shore for the largest lake in Africa Lake Victoria
Maximizing Benefits of Oil Extraction in Uganda ?Economic
Maximizing Benefits of Oil Extraction in Uganda. Recent exploration efforts in Uganda's oil and gas industry have had immense success. The most recent data indicates that about 3.5 billion barrels of crude oil has so far been confirmed to exist underneath the Albertine Valley. This policy brief examines how Uganda can accelerate growth
Oil drilling to go ahead in Ugandan park despite threat to nature
In 2015, French oil giant TotalEnergies and the China National Offshore Oil Corporation (CNOOC) signed a memorandum of understanding (MOU) with the
Oil extraction imperils Africa's Great Lakes | Science
Countries in the region see exploitation of hydrocarbon reserves as a vital economic opportunity. In the Lake Albert region of Uganda, for example, the government foresees a $3.6 billion oil profit per year starting in 2018攁 sum almost as high as the country's current annual budget ( 3 ).
Oil extraction imperils Africa's Great Lakes Science
In the Lake Albert region of Uganda, for example, the government foresees a $3.6 billion oil profit per year starting in 2018—a sum almost as high as the
Pipe Dreams: What the West got wrong on Uganda oil plans
Construction by TotalEnergies of a drilling site in Pakuba, Murchison Falls National Park, Uganda - July 2022. (photo: Robin Letellier/SIPA) In the aftermath of COP27, a $10bn oil extraction project in Northern-Western Uganda is fanning the flames of environmental activism across the world.
Drilling through Conservation Policy: Oil Exploration
Commercially viable oil reserves have been found in the Albertine Graben, a global biodiversity hotspot that contains seven of Uganda’s protected areas (Plumptre et al.
The Norwegian Model of Oil Extraction and Revenues Management
According to the latest figures, Uganda has 6.5 billion barrels of oil deposits, which makes it the third-largest oil holder in sub-Saharan Africa. Currently the country is preparing its legal and institutional framework for proper management of the oil revenues.
