Total suspends East Africa Crude oil pipeline deal, to lay off workers
Investment. An oil rig on the lake shores of Lake Albert. The suspension of the building of the pipeline could further delay Uganda’s oil production plans. FILE PHOTO
What you need to know:
Total E&P officials were not readily available for comment, while Cnooc referred to the former, as the lead project developer, for comment. Both Total E&P, and CNOOC started laying workers last week, a process which is expected continue through the coming weeks. Already, activities such as resettlement action plan and tendering have been frozen.
