Page 13 - AfrOil Week 25 2021

AfrOil PROJECTS & COMPANIES AfrOil

Uganda nears completion of refinery FEED

UGANDA UGANDA expects front-end engineering and for the project.
design (FEED) work to be completed on a new Meanwhile, the governments of Tanzania
refinery slated for construction at Kabaale, and Kenya are also considering acquiring shares
a town near Hoima in the western part of the of 8.5% and 2.5% respectively.
country, in August ahead of taking a final invest- Mugerwa said: “We are also looking at some
ment decision (FID) by mid-2022. East African institutions like the National Social
Speaking during the Uganda Chamber of Security Fund, which has an interest in investing
Mines & Petroleum’s 7th Annual Oil and Gas in the refinery.”
Convention, the project’s general manager The project has a memorandum of under-
Michael Mugerwa said that the 60,000 barrel standing (MoU) in place with the developers
per day (bpd) facility is expected to be commis- of the Kingfisher and Tilenga oilfields in Lake
sioned in 2026. He noted that the FEED work is Albert – TotalEnergies (France) and China
now 97% complete. National Offshore Oil Corp. (CNOOC) – for
The cost of building the refinery is expected the first option to purchase crude output.
to amount to a total of around $4bn, and the The partners are also developing the 1,445-
facility will be built by the Albertine Graben km East Africa Crude Oil Pipeline (EACOP),
Refinery Consortium (AGRC), which is com- which will run from Hoima to the Indian Ocean
prised of US’ BakerHughes GE, Italy’s Saipem port of Tanga in Tanzania.
and Mauritian-registered Yaatra Africa and Mugerwa added that the Hoima refinery’s
Lionworks Group. The consortium will hold a product slate will include LPG, Euro-5 diesel
60% stake in the plant, while Uganda National and gasoline, jet A-1 fuel and limited amounts
Oil Co. (UNOC) subsidiary Uganda Refinery of heavy fuel oil and sulphur, with plans to add
Holding Co. will own the remaining 40%. The petrochemicals and plastics production capabil-
latter is currently working to secure financing ities. ™

Tullow reports on progress of this

year’s drilling programme in Ghana

GHANA TULLOW Oil (UK/Ireland) has reported that
its efforts to drill four new well in Ghana’s off-
shore zone are proceeding on schedule.
In an operational update released last week,
Tullow reported that it had already finished
drilling two new wells offshore Ghana since
the beginning of the year. Specifically, it said
that it had sunk one development well and one
water-injection well at the Jubilee oilfield. Both
wells are due to begin operating within the next
few months, it noted.
“We have successfully drilled the first Jubilee
production well and the Jubilee water injector
well, and the reservoirs encountered are in line
with expectations,” the company said. “The
rig will now carry out the completion of these
two wells, with tie-in and start-up of both wells Tullow acquired stakes in Jubilee and TEN in 2004 (Image: Tullow OIl)
expected in the third quarter of 2021.”
Tullow’s drilling programme calls for the spud these two wells.
sinking of two additional wells before the end The statement also reported on the progress
of this year – namely, another development well of Tullow’s campaign to stabilise output levels
at Jubilee and a gas-injection well at the Twene- and reservoir performance at Jubilee and TEN
boa-Enyenra-Ntomme (TEN) block.The com- through associated gas off-take and the injection
pany has not revealed exactly when it expects to of water back into reservoirs.

Week 25 23•June•2021 www. NEWSBASE .com P13