Browsing: CNOOC

The EACOP is one of the biggest oil project in Uganda The total investment has reached $10 billion Uganda will…

TotalEnergies CEO Patrick Pouyanne said that the memorandum of understanding will see the French firm produce Liquefied Petroleum Gas (LPG) and also deploy large-scale renewable energy technologies to identify areas of commercial investment.

Uganda’s Minister of Energy and Mineral Development, Ruth Nankabirwa said in a speech ahead of the signing that the agreement would put the country on the path to first oil in 2025. She added that EACOP would create approximately 160,000 jobs during the project’s development.

The agreement dictates TotalEnergies will develop solar, wind, geothermal, and other renewable technology power projects in Uganda to add a combined installed electricity output capacity of 1 Gigawatt by 2030 to the current 1.2-Gigawatt production.

Within her first two months in the executive office. With Uganda, President Samia Suluhu Hassan and counterpart Yoweri Museveni inked…

East Africa (Tanzania and Uganda in this case) is endowed with plenty of natural resources that mark it as a…

For those investing and particularly interested in Africa, Guinea-Bissau is a country which, so far, has been “under the radar” for…

The International Monetary Fund (IMF) has taken a key interest in Uganda’s economy, whereas the East African economy is likely…