Towards the end of October, Uganda witnessed the inauguration of the board of National Petroleum Authority and National Oil Company (NOC). The country believes the inauguration could lead to production licences being awarded to Tullow Oil and its partners in Uganda.
According to Tullow, the awards are expected to be granted soon. The company revealed that it is working closely with the governments of Uganda and Kenya to fulfill the terms set out in the bilateral agreement reached between the Presidents of the two countries.
The agreement is for the implementation of the Northern Kenya route for the regional oil pipeline, Petroleum Africa reports.