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Uganda/Kenya: FIDs now expected in H2

Tullow Oil says it is now expecting a final investment decision (FID) on the Lake Albert development in Uganda in H2 this year. In a 25 April trading update, the company said the development had made “good technical and operational progress” in Q1. Tullow cited a target of mid-year when it announced its 2018 results in February, while energy minister Irene Muloni mentioned early 2019 in comments at Africa Oil Week last November.

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