Total Becomes Operator of Uganda License after $2.9B Deal
Tullow Oil announced Tuesday that it has completed the farm-down of 66.67 percent of its Ugandan licenses to CNOOC and Total for a consideration of $2.9 billion. The farm-down follows the recent signing of Production Sharing Agreements and the Kingfisher production license with the Government of Uganda.
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Company: Tullow Oil more info
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