{"id":63326,"date":"2023-12-24T06:25:36","date_gmt":"2023-12-24T06:25:36","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=63326"},"modified":"2023-12-24T05:14:57","modified_gmt":"2023-12-24T05:14:57","slug":"uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic","title":{"rendered":"Uganda Gives Oranto Two-Year Oil Extension Due to Covid Pandemic"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Uganda. <\/strong><\/span><b>Uganda said it extended an oil-exploration license to Nigeria\u2019s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic.<\/b><\/p>\n<p>The permit had been due to expire Dec. 29, and was initially granted to scour the Ngassa Shallow and Deep areas in the western Hoima and Kikuube districts in 2017, Solomon Muyita, the Energy Ministry spokesman, said in an email statement.<\/p>\n<p>Extension of the permit is in line with the country\u2019s drive to boost recoverable oil from current levels of 1.4 billion barrels, according to the statement.<\/p>\n<p>A production sharing agreement, royalties, cost of recovery, and profit sharing are part of the terms included in the extension, the ministry said.<\/p>\n<p>French oil giant TotalEnergies SE is leading the development of Uganda\u2019s oil fields, alongside China\u2019s Cnooc Ltd. and Uganda National Oil Co. The East African country is aiming to start production to start in 2025.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/uganda\">Uganda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Uganda. Uganda said it extended an oil-exploration license to Nigeria\u2019s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic. The permit had been due to expire Dec. 29, and was initially granted to scour the Ngassa Shallow and Deep areas in the western [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":63325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,240,234],"class_list":["post-63326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Uganda Gives Oranto Two-Year Oil Extension Due to Covid Pandemic - Uganda<\/title>\n<meta name=\"description\" content=\"Uganda said it extended an oil-exploration license to Nigeria\u2019s Oranto Petroleum Ltd. by two years after the company ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda Gives Oranto Two-Year Oil Extension Due to Covid Pandemic\" \/>\n<meta property=\"og:description\" content=\"Uganda said it extended an oil-exploration license to Nigeria\u2019s Oranto Petroleum Ltd. by two years after the company ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-24T06:25:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/12\/sm_1703382229.927326.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1676\" \/>\n\t<meta property=\"og:image:height\" content=\"1115\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Uganda Gives Oranto Two-Year Oil Extension Due to Covid Pandemic\",\"datePublished\":\"2023-12-24T06:25:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/12\/sm_1703382229.927326.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-gives-oranto-two-year-oil-extension-due-to-covid-pandemic\",\"name\":\"Uganda Gives Oranto Two-Year Oil Extension Due to Covid Pandemic - 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