Tullow Oil sale of stake in Uganda project to Total, CNOOC dropped

Tullow Oil sale of stake in Uganda project to Total, CNOOC dropped
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02.09.2019

MOSCOW (MRC) -- В Tullow Oil's plan to sell another stake in its 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said, as per Hydrocarbonprocessing.The London-listed firm had previously sold about two-thirds of the project to CNOOC and Total for USD2.9 billion, in transactions compl

Full article at mrcplast.com

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