Total secures highly preferential deal on Tullow assets
Panic at the summit of the state in Kampala has resulted in a deal that is highly favourable to the oil companies. Here's what happened behind the scenes.
French major Total's Ugandan activities, which have come under attack from several environmental groups, will be examined afresh by a French court at the end of June. Total is about to become the sole major decision-marker on the Tilenga oil project and is behaving as if nothing was amiss.
The boss of Total since 2014, Patrick Pouyanne, is investing anew in Africa which his predecessor, Christophe de Margerie, somewhat abandoned, leaving the French group's rival Italian major, ENI, plenty of room to expand.Strong push on Congo-K.