The oil and gas explorer wrote to the Minister of Energy at the end of last month asking for a license to construct the Tilenga Liquefied Petroleum Gas Facility. According to the documents, TotalEnergies Uganda E&P (TEPU) which is part of the French super-major TotalEnergies plans to produce 80,000 tons of Liquefied Petroleum Gas per year.
The report suggests exploring alternative applications of oil, such as its use in the production of fertilizers and petrochemicals, as a means of mitigating the impact of diminishing demand for transportation fuels.
According to sources within the Authority, the purpose of Rubondo's visit to the Tilenga project is to assess their readiness as TotalEnergies plans to commence drilling operations at the Jobi-Rii field.
From delivering a Final Investment Decision, the commencement of field development, and the arrival of the rigs, there is hope that Tilenga and Kingfisher Developments in the Albertine will deliver first oil in 2025.
According to Mathew Kyaligonza, the National Content Manager at CNOOC, they sought applications from drivers across districts in the Albertine region, a process which was undertaken in partnership with the Bunyoro Kitara Kingdom that supported the identification and selection of trainees.
Different engineering firms and their subcontractors have descended on Buhuka in Kikube and Buliisa districts. While there is an impression that many firms are shunning the project over environmental concerns, a number of foreign firms have taken up jobs in the oil fields.
The transaction is conditional upon the approval of the company’s shareholders who will meet on July 15. The process of approval according to the rules, requires a simple majority shareholding approval. They are expected to vote and approve the deal before the sale can be concluded in Uganda.