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UGANDA: Tullow completes $575 million sale of Uganda assets to Total

Tullow Oil  has announced that the sale of its assets in Uganda to Total has completed with $500 million consideration received earlier today. Tullow is also due to receive a … Read More

Uganda Cooperative Alliance Signs MOU with Stanbic Bank Incubator

The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More

Tullow Oil Provides H1 Operational Update

Production Group working interest production averaged 77,700 bopd in the first half of 2020, in line with expectations. Full year guidance has been updated to reflect recent strong performance in … Read More

East African Countries Submit 17 Expressions of Interest for the 6th GRMF Application Round

The AUC has acknowledged that on 29 July 2020 seventeen (17) Expressions of Interest (EoI) for the Geothermal Risk Mitigation Facility’s 6th Application Round were received on time and were accepted … Read More