Total and partners finalise launch of Lake Albert project

14 Apr 2021

French oil and gas company Total and its partners have signed final agreements to launch the Lake Albert resources development project in Uganda and Tanzania.

The partners include China National Offshore Oil Corporation (CNOOC), Uganda National Oil Company (UNOC) and Tanzania Petroleum Development Corporation (TPDC).

The Lake Albert project includes the Tilenga and Kingfisher upstream oil projects in Uganda and the construction of the East African Crude Oil Pipeline (EACOP) in Uganda and Tanzania.

The Tilenga project is operated by Total, while the Kingfisher project is operated by CNOOC. The two projects are expected to deliver a combined production of 230,000 barrels per day.

Total, CNOOC and UNOC are the partners in the upstream projects, with a stake of 56.67%, 28.33% and 15% respectively. First oil export from the project is expected to take place in early 2025.

For more information please visit EICDataStream.

Read more from Industry News
Vattenfall collaborates with Eramet Norway to support Norwegian electricity grid
Read More
Archer acquires DeepWell for NOK177m
Read More
PETRONAS strikes first AECO-indexed LNG deal
Read More

Newsletter Sign Up

As a non-member, you can sign up for the EICOnline weekly bulletin free of charge. EIC Online delivers industry news direct to your mailbox. Subscribe here for the EIC’s free weekly newsletter.

First Name
Last Name
Company Name
Email
Job Title
Areas of Interest

Thank you for your submission!

We will contact you shortly.