Joint Venture Partners receive FDP approvals and production licences for Exploration Area 1 and 2

Kampala, 30 August 2016

The Joint Venture Partners confirm that Total E&P Uganda as the operator of Exploration Area (EA) 1 and Tullow Uganda Operations PTY LTD as the operator of Exploration Area (EA) 2 have received approvals for their Field Development Plans and have been granted production licences for Ngiri, Jobi Rii, Gunya Fields in EA1 and Mputa-Nzizi-Waraga, Kasemene-Wahrindi, Kigogole-Ngara, Nsoga and Ngege fields in EA2 by the government of Uganda. 

The Joint Venture Partners are indeed grateful to the government of Uganda for the approvals granted that will now enable us to proceed with activities required to make a Final Investment Decision (FID) for the integrated Lake Albert project. This approval marks a major milestone towards the production of Uganda’s oil resources. It complements the production license issued to CNOOC Uganda Ltd as the operator of Exploration Area 3 (Kingfisher) and the important decision made to export crude oil to the international market through a 24 inch, 1443 km pipeline from Kabaale to Tanga port.

The granting of production licences now paves way for the Joint Venture Partners and other stakeholders to make considerations for significant long term capital and infrastructure investments in Uganda.

CNOOC Uganda Limited

CNOOC Uganda is a subsidiary of CNOOC Limited, China’s largest producer of offshore crude oil and natural gas and one of the world’s largest independent oil and gas exploration and production companies.

Total in Uganda

Total is the 4th largest oil and gas company in the world, present in 130 countries. Total has been present in Uganda since 1955 through its marketing operations, and has more than 125 stations countrywide. Total E&P Uganda is an upstream affiliate which is the designated operator of Exploration Area 1 (EA-1) and Exploration Area 1A (EA-1A) within the Albertine Region. More information about Total in Uganda can be found on the website: www.ug.total.com

Tullow in Uganda

Tullow is a leading independent oil & gas, exploration and production group, quoted on the London, Irish and Ghanaian stock exchanges (symbol: TLW). The Group has interests in over 120 exploration and production licences across 22 countries, which are managed as three business delivery teams: West Africa, East Africa and New Ventures.  In Uganda Tullow Uganda Operations Pty Ltd is the designated operator of Exploration Area 2. For further information please refer to our website at www.tullowoil.com.