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Eastern Africa

TotalEnergies invests US$10 billion in the East Africa Crude Oil Pipeline project

Uganda and Tanzania to benefit from crude oil and energy projects and boost FDI.

June 20, 2022

By Chriselle Moraes
TotalEnergies and China National Offshore Oil Corporation (CNOOC), along with the governments of Uganda and Tanzania have agreed to invest US$10 billion to move the East Africa Crude Oil Pipeline (EACOP) project forward.  The parties signed the deal in the Ugandan capital, Kampala, as part of the Final Investment Decision (FID)

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