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Uganda completes drilling at Albertine Graben oil project
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Uganda has completed drilling the necessary wells at the Albertine Graben oil project for commercial production, set to start in the latter half of next year. The project, co-owned by TotalEnergies, CNOOC, and UNOC, involves 156 drilled wells with a total of 457 planned. The fields are expected to produce 230,000 barrels per day at peak. Additionally, a $4 billion refinery configuration has been approved, and Uganda's recoverable crude reserves have increased to 1.65 billion barrels.
Source: Reuters The copyright of this article belongs to the original author/organization.
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