Total’s $10 billion Ugandan Tilenga oil field project close to FID

Total’s $10 billion Ugandan Tilenga oil field project close to FID

Total’s Ugandan Tilenga project is close to finalisation. Jeune Afrique Business + sources within the oil giant’s exploration-production department assured us that « this must take place in the coming days or weeks ».

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            ▪ Total’s $10 billion Ugandan Tilenga oil field project close to FID

▪ Total’s Ugandan Tilenga project is close to finalisation. Jeune Afrique Business + sources within the oil giant’s exploration-production department assured us that « this must take place in the coming days or weeks ».

https://www.jeuneafriquebusinessplus.com/en/807345/totals-10-billion-investment-in-ugandas-tilenga-oil-field-is-close-to-finalisation/

22/03/2021 at 18h15, by Jeune Afrique Business+, updated 23/03/2021

The major project will require an investment of more than $10 billion for the French group. Currently led in sub-Saharan Africa by Nicolas Terraz and in Uganda by Pierre Jessua, it has emphasised the environmental and social aspects of the project.

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