Ugandan President Yoweri Kaguta Museveni, right, gestures during a meeting with Tanzanian President Samia Suluhu Hassan that preceded the signing of the East African Crude Oil Pipeline (EACOP) Tripartite Project Agreement at State House Entebbe on April 11, 2021. The government and international oil firms–French Total E&P, and China’s Cnooc have today signed off four key agreements for commercialisation of the proposed East African Crude Oil Pipeline (EACOP), bringing to end years of protracted negotiations and setting on course Uganda’s oil project for the next phases of development and production by earliest 2025. The high-level signing ceremony at State House, Entebbe, is expected to be attended by the newly-installed Tanzanian President Samia Suluhu Hassan, and the French oil giant, Total SA’s chief executive, Patrick Pouyanne. Total SA is the parent company of Total E&P licensed to operate in Uganda, alongside Cnooc. The two ventured into Uganda after each acquiring […]