Tullow exits Uganda after Total buy out

Total and Tullow have entered into an agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline. The overall consideration paid by Total to Tullow will be $575M, with an initial payment of $500M at closing and $75M when the partners take the […]

The post Tullow exits Uganda after Total buy out appeared first on East African Business Week.

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