Chinese, French oil majors seal $10 billion deal for Tanzania, Uganda megaproject

TotalEnergies General Manager Philippe Groueix and Uganda's Energy Minister Ruth Nankabirwa signs renewable energy agreements during a ceremony presided over by Ugandan President Yoweri Museveni and Tanzanian Vice President Phillip Mpango in Kampala on February 01, 2022. PHOTO | COURTESY |

What you need to know:

  • The Final Investment Decision was announced at a ceremony in Kampala by the heads of France's TotalEnergies and the China National Offshore Oil Corporation