The Uganda National Oil Company (UNOC)
The Uganda National Oil Company (UNOC), also known as the National Oil Company of Uganda, is a limited liability petroleum company in Uganda, owned by the Ugandan government, established under the 2013 Petroleum Exploration, Development and Production Act of Uganda, which provides for the establishment of the national oil company.
The government of Uganda (GOU)’s goal as set out in the country’s energy policy (2002) and National Oil and Gas policy (2008) is to ensure the sustainable utilization of discovered petroleum resources to contribute to early achievement of poverty eradication and create lasting value to society.
One of the key objectives of the Uganda National Oil Company is therefore to ensure an adequate, reliable, and affordable supply of quality petroleum products in the country. The petroleum deposits discovered so far are estimated at 6.5 billion barrels, of which 1.4 billion barrels are considered recoverable.
Tanzania Petroleum Development Corporation (TPDC)
Tanzania Petroleum Development Corporation (TPDC) is the National Oil Company of Tanzania through which the Ministry of Energy and Minerals implements its petroleum exploration and development policies. TPDC has manpower strength of about 400 and is organized into seven directorates and three Units, namely: Directorate of Upstream, Directorate of Downstream, Directorate of Finance, Directorate of Legal Services, Directorate of Cooperate Strategy and Planning, Directorate of Corporate Management, Directorate of Internal Audit, Communication Unit, Procurement Unit and Risk Management Unit. TPDC was established through the Government Notice No.140 of 30th May 1969 under the Public Corporations Act No.17 of 1969. The Corporation began operations in 1973. TPDC is a wholly owned Government Parastatal, with all its shares held by the Treasurer Registrar.
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 sell 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.
Total is the world’s fourth-ranked international oil and gas company, and a global leader in solar energy through our affiliate SunPower. We discover, produce, transform, market and distribute energy in a variety of forms, to serve the end customer. Our 100,000 employees in more than 130 countries are committed to better energy.
Total has been present in Uganda since 1955 in Marketing and Services with today over 150 service stations across the country and an overall market share of 24%. It has been present in Upstream oil since 2011 after acquiring a 33.33% interest from Tullow in the licenses EA1, EA1-A, EA2, and EA3 covering the Lake Albert Oil discoveries.
Total is approved by the Government of Uganda to operate oil exploration and production activities in licenses EA1 and EA1-A