manufacturer complete oil production line in uganda

   
manufacturer complete oil production line in uganda
                                               
                                               
                                               
                                               
  • manufacturer complete oil production line in uganda
  • Will Uganda reach its first oil production target in 2025?
  • Uganda on Tuesday launched its first oil drilling programme, its petroleum agency said, a key milestone as the country races to meet its target of first oil output in 2025.
  • Who owns the oil fields in Uganda?
  • The oil fields are jointly owned by France's TotalEnergies (TTEF.PA), China's CNOOC (0883.HK) and the Uganda National Oil Company (UNOC). Commercial drilling for oil production at the Tilenga project in the Lake Albert basin will also start next month, it said.
  • Why did CNOOC start drilling in Uganda?
  • Ernest Rubondo, head of the state-run petroleum sector regulator Petroleum Authority of Uganda (PAU) said CNOOC had launched the drilling campaign less than one year after the final investment decision was taken for Uganda's oil fields, describing it as a "milestone in the journey toward the production of first oil in Uganda."
  • When will oil production start in Uganda?
  • Production is due to start in 2025. As part of the production sharing agreement, the production licences are valid for 25 years upon extracting the first oil. To secure the best possible outcome for Uganda, the government needs to focus on three issues: the production sharing agreement, completion of the development stage, and export timing.