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    Total Awards $1.9 Billion Uganda Oil Project Deal to British, Chinese Firms

    Eunniah
    By Eunniah Mbabazi
    - June 17, 2021
    - June 17, 2021
    African Wall StreetEnergy
    Total Awards $1.9 Billion Uganda Oil Project Deal to British, Chinese Firms

    Total has awarded a $1.9 billion contract to construct its Lake Albert oil production (Tilenga project) in Uganda to a consortium led by Chinese and British firms.

    The contracts are for the main surface facilities Engineering, Procurement, Supply, Construction and Commissioning (EPSCC) contracts, as well as five drilling packages.

    Total reports that the companies that won the deal include Sinopec International Petroleum Corporation, CB&I UK Limited, Schlumberger Oilfield Eastern Limited, Vallourec Oil and Gas France, and ZPEB Uganda Co. Limited.

    As The East African reports, this is the first major deal out of several Tilenga packages that will cost an estimated $4 billion to $5 billion when the tendering process for all the projects is completed and contracts awarded.

    Along with the CNOOC operated Kingfisher, Tilenga is one of two oil projects in the Lake Albert region for which the Petroleum Authority of Uganda awarded production licences. The project development phase has a target to achieve the first oil in 43 months.

    The project has a production capacity of 190,000 barrels of oil per day. It includes six fields to be developed, 426 wells to be drilled from 31 well pads, and one central processing facility located in Buliisa, outside the Murchison Falls National Park.

    See Also:

    Total Signs $15 Billion East Africa Crude Oil Project with Uganda & Tanzania

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