TotalEnergies in Uganda

TotalEnergies has been present in Uganda since 1955 through its Marketing and Services affiliate-TotalEnergies Marketing Uganda Ltd and is currently the market leader with over 200 service stations across the country and offers a full range of petroleum products and services. In 2010, the Company set up its Exploration & Production affiliate, TotalEnergies EP Uganda.

TotalEnergies MS Uganda: 60 years and growing

TotalEnergies MS was incorporated in 1955 and has been present in Uganda for over 60 years. Over these years, we have grown to become the leading service provider in the country. We have the 2nd largest distribution network of over 200 active service stations countrywide offering a full range of petroleum products and services.

In January 2015, TotalEnergies Uganda kicked off celebrations to mark 60 years of doing business in Uganda. This coincided with the unveiling of the new image of its service stations with a more contemporary and environmentally friendly look. In 2016, TotalEnergies Uganda introduced Excellium, a new line of specific fuels that clean engines, provide lasting protection to ensure they perform better, use less fuel and produce fewer polluting emissions. This is in line with the group’s vision of “Committed to better energy” which means safer, cleaner, more efficient, more innovative and more accessible energy.

TotalEnergies EP Uganda: Pioneering new technology in East Africa

TotalEnergies EP Uganda is working with CNOOC Uganda and Uganda National Oil Company (UNOC) through a Joint Venture Partnership in which the Companies hold 56.67%, 28.33% and 15% respectively in the upstream development of Uganda’s Lake Albert oil resources. The upstream project comprises the Tilenga project operated by TotalEnergies EP Uganda, and the Kingfisher project operated by CNOOC Uganda. The Tilenga project is located in Buliisa and Nwoya districts and will produce 190,000 bopd (at peak). The project covers 6 fields with over 400 wells to be drilled on 29 well pads in line with the company’s commitment to limit Social, environment and biodiversity impacts.

Other main project installations include a Central Processing Facility, flow lines, lake water abstraction facility, a feeder line and construction camps and support bases. Some of the Lake Albert resources will be transported through a 1,443km East African Crude Oil Pipeline (EACOP) from Kabaale, Hoima in Uganda to the Chongoleani Peninsula near Tanga port in Tanzania for export to the international market.

The pipeline has the capacity of transporting 216,000bopd and is operated by EACOP Ltd whose shareholders are TotalEnergies East Africa Midstream (62%), UNOC (15%), CNOOC (8%) and the Tanzania Petroleum Development Corporation (TPDC) (15%). TotalEnergies EP Uganda is committed to undertaking the Tilenga project in accordance with national regulations, the UN Guiding Principles on Business and Human Rights and the IFC Performance Standards. On 28th May 2021, Total, the parent company of TotalEnergies EP Uganda changed its name to TotalEnergies as part of its strategy and journey to becoming a broad energy company that is committed to producing and providing more affordable, reliable, and clean customer solutions.

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A profile of CNOOC Limited

CNOOC Limited (the "Company", together with its subsidiaries, or the "Group"), is the largest producer of offshore crude oil and natural gas in China and one of the largest independent oil and gas exploration and production companies in the world. The Group mainly engages in exploration, development, production and the sale of oil and natural gas. The Group's core operation areas are Bohai, Western South China Sea, Eastern South China Sea and East China Sea in offshore China. Overseas, the Group has oil and gas assets in Asia, Africa, North America, South America, Oceania and Europe. China National Offshore Oil Corporation is the Company's largest shareholder. It currently holds approximately 64.44% of the Company's shares. CNOOC limited is listed on three stock exchanges, including New York, Toronto and Hong Kong. Standard & Poor's has issued a credit rating of AA- for CNOOC limited, while Moody's has issued a credit rating of Aa3. Both ratings are consistent with the rating agencies' respective credit ratings for the People's Republic of China.

TotalEnergies and CNOOC Limited partnering for oil development in Uganda

TotalEnergies EP ganda is partnering with CNOOC Uganda Limited (an overseas branch of CNOOC Limited) in the development of Uganda’s oil resources in the Lake Albert region. In 2012, Tullow Oil farmed-down an agreement with TotalEnergies EP Uganda and CNOOC Uganda Limited in which they each acquired a 33.3% interest in the Lake Albert Project Blocks 1, 1A-Lyec, 2 and 3-Kingfisher. Currently, TotalEnergies holds majority interest in the Lake Albert project with 56.67%* and is operator of the Tilenga project while CNOOC holds 28.33%* and is operator of the Kingfisher project. The Uganda National Oil Company holds 15%* in the projects. CNOOC Uganda Limited received a Production License for the Kingfisher area in September 2013. Together, the partners have moved into the development phase of these oil resources.

* (subject to UNOC back-in)

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About the Uganda National Oil Company

Uganda National Oil Company (UNOC) was established under Section 42 of the Petroleum (Exploration, Development and Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act, both of 2013. UNOC was incorporated under the Company’s Act of 2012 as a limited liability company wholly owned by the government of Uganda. Its overall function is to handle the state’s commercial interests in the petroleum sector and to ensure that the resource is exploited in a sustainable manner.

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