Uganda’s Lake Albert project reaches FID

The development remains on track to start oil production in 2025

French major TotalEnergies and Chinese state-controlled Cnooc have announced FID on the Lake Albert project for around $10bn. The development comprises the Tilenga and Kingfisher fields in Uganda and the East African Crude Oil Pipeline (Eacop), which connects the Ugandan assets to Tanzania’s coast. Both the TotalEnergies-operated Tilenga and Cnooc-operated Kingfisher portions are expected to start production in 2025, with their combined output projected to plateau at 230,000bl/d. That total will comprise around 190,000bl/d from Tilenga and 40,000bl/d from Kingfisher, and both fields will export via the Eacop to the port of Tanga. The development will be a “major project”, says TotalEnergies