UGANDA/ TANZANIA: East African Crude Oil Pipeline Construction to Commence in 3 Weeks

Construction of the World’s longest heated crude oil pipeline the East African Crude Oil Pipeline (EACOP) is set to begin in the second week of March according to Uganda’s Foreign … Read More

Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID)

By Thomas Hedley, Field Editor, Africa Oil & Power Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power webinar yesterday … Read More

East Africa’s Oil Industry: A New Story in the Making

The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the East African Crude Oil Pipeline, marks the beginning of a … Read More

Stanbic, Sumitomo Mitsui, IBC Selected As Financial Advisors For East Africa Crude Oil Pipeline

Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima to Tanga 1,445-kilometer (898-mile) pipeline after they were contracted by … Read More

Work Begins on the East African Crude Oil Pipeline

President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipeline from Hoima district in Uganda to the Tanzanian … Read More

Uganda,Tanzania sign Inter Governmental Agreement for Crude Oil Pipeline

The Governments of Uganda and of Tanzania have signed the Inter-Governmental Agreement (IGA) for the East African Crude Oil Pipeline (EACOP) Project. The IGA was signed by Uganda’s Eng. Irene … Read More