Founded 2010 Products Oil and natural gas | Headquarters Kampala, Uganda | |
Type Subsidiary of a Public limited company Industry Oil and gas exploration Key people Loic Laurande
chief executive officer
Adewale Fayemi
general manager | ||
Total E&P Uganda (TEPU) is an oil and gas exploration company in Uganda. It is a subsidiary of Total S.A., the multinational oil, gas, and petrochemical conglomerate headquartered in Paris, France. It is separate from another Ugandan subsidiary, Total M&S Uganda, which is responsible for marketing and services and has been in the country since 1955.
Contents
Location
The headquarters of TEPU are located on the 5th Floor, Course View Towers, at 21 Yusuf Lule Road, in Kampala, Uganda's capital and largest city.
History
TEPU was founded in 2010. It began operations on 21 February 2012 when Tullow Oil completed a farm down of two thirds of its interests to Total S.A. and CNOOC for US$2.9 billion. TEPU, along with partners CNOOC and Tullow, continues to work with the Ugandan government on the development plan for the Albertine Grabben, which will include an oil refinery in Uganda and an export crude oil pipeline.
Operations
TEPU is working in Exploration Area 1 (EA-1) and Exploration Area 1A (EA-1A) within the Albertine Region. A significant portion of these areas lie within the confines of Murchison Falls National Park. TEPU s playing a leading role in coordination the planning and execution of the export crude oil pipeline from Lake Albert to the Indian Ocean coast. On 30 August 2016, TEPU was awarded three production licenses by the government of Uganda. This paves the way for the Final Investment Decision within the next 18 months by TEPU and its partners, with field oil expected in the year 2020.
Corporate philanthropy
In November 2015, following the outbreak of cholera along the eastern shores of Lake Albert, TEPU donated an assortment of medical supplies to the districts of Buliisa, Hoima, and Masindi to assist in the fight against the epidemic. The donated items included disposable gowns, gum boots, bottles of antiseptic scrub, disinfectant, intravenous fluids, and disposable gloves.