oil companies

oil companies

Government issues oil production licenses to Tullow and Total

2h ago
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Government has issued issued eight production licenses to two oil companies Tullow Oil and Total Uganda, clearing them to start preparing for the extraction of oil for commercial purposes. Minister of energy and mineral development Irene Muloni who handed over the licenses said they will be valid for 25 years. She also announced that the first oil for commercial use is expected out of the ground by 2020. Total and Tullow Oil join Chinese Company CNOOC which was awarded the production license for the Kingfisher oil field in Bunyoro. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda