TotalEnergies Embarks on Exploration Journey in Ugandan Oil Field
TotalEnergies Embarks on Exploration Journey in Ugandan Oil Field

TotalEnergies Embarks on Exploration Journey in Ugandan Oil Field

  • 26-Jul-2023 6:43 PM
  • Journalist: Motoki Sasaki

Uganda, East Africa: TotalEnergies, a French company, has begun drilling its first well in Uganda's Tilenga field, which is close to Lake Albert. The corporation stated that production would begin in 2025. The development of two fields in the Lake Albert region is the subject of a $10 billion agreement between TotalEnergies, Chinese CNOOC, and the Ugandan government that includes the Tilenga project. Kingfisher is the other field, whose development would be overseen by CNOOC.

The Ugandan arrangement, like every new oil and gas development, has drawn criticism from some, particularly because it would also necessitate building a pipeline from the fields to the Tanzanian Indian Ocean coast. With a daily capacity of 216,000 barrels of crude oil and a projected length of more than 1,400 kilometres, the East African Crude Oil Pipeline would be the longest heated oil pipeline in the world.

Later, the capacity might be increased to 246,000 barrels. When Total, CNOOC, and Uganda agreed to build the project, the project's anticipated cost was $3.5 billion.

EACOP is a crucial requirement for landlocked Uganda to transport its crude oil to global markets. The project presents a lucrative prospect for Tanzania, which is located nearby.

However, environmentalists don't think the pipeline or the oil drilling around Lake Albert are wise decisions. They point to the possibility of environmental harm from the use of the pipeline and the fields, as well as the notion that further oil and gas development conflicts with the goal of reducing emissions.

But for regional administrations, making use of their natural resources is a wise move. Politicians point to the potential for local communities' living standards to improve because of oil earnings and the opportunity to become as wealthy as the West was because of oil and gas.

TotalEnergies has forever been fuelled by a credible spearheading soul, driving it to find a portion of the world's most useful fields. Its refineries have produced ever-more complex products, and its large distribution network has offered a wide variety of services. TotalEnergies was going to constantly come into contact with two other oil companies: Petrofina, a Belgian company, and Elf Aquitaine, a French company. They gradually learned to cooperate despite being rivals or partners at times. Their skill resided in their capacity to combine advantages over rivals. Such was the main issue driving the 1999 mergers. They created the fourth oil major, an organization with a wealth of knowledge and experience. About 20 years later, Total changed its name to TotalEnergies, driven by the strong ambition of being a global leader in the energy transition and achieving Carbon neutrality in all its global operations by the year 2050 alongside society.

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