Cnooc bids to increase oil shareholding as Tullow exits
Monday March 20 2017
Total and Tullow Oil officials pose with Energy minister Irene Muloni (centre) after signing Memoranda of Understanding in Kampala last month. PHOTO BY STEPHEN OTAGE
Last month, Total and Cnooc, awarded contracts to Flour (France) working with China Petroleum Engineering and Construction Corporation (CPECC), Technip (France), and Chicago Bridge & Iron Company (US) for studying and designing (Front End Engineering Design (FEED) the Buliisa and Kingfsher fields.
FEED is the last preparatory stage that will detail technical requirements among others layout of the 36 well pads, technology required for drilling the 400 wells, and estimated costs of required infrastructure to start production.