Daily Monitor
Tuesday March 02 2021
An oil well in Western Uganda. Intending bidders must therefore have in place elaborate national or local content plans. PHOTO | FILE
Summary
FID expected soon. FID is expected in the first half of 2021 or sooner. The oil companies will then embark on investing in the requisite infrastructure for crude oil production. Up to $20 billion is projected to be incurred on building the crude oil gathering and production facilities, refinery and crude oil pipeline. Oil companies are presently evaluating or reviewing proposals from potential contractors that will supply inputs and services to the project activities.
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