Energy and Natural ResourcesUganda

Tilenga Oil Project

Production-ready Lake Albert Basin oilfield operated by TotalEnergies, targeting first oil in 2026. Advanced/final phase development with estimated reserves of 1+ billion barrels. Multiple producing wells connecting to EACOP pipeline infrastructure.

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Investment Overview
Capital Required
TBC
Expected ROI
15-25%
Timeline
2026 First Oil Target
Location
Uganda
Project Description

Production-ready Lake Albert Basin oilfield operated by TotalEnergies, targeting first oil in 2026. Advanced/final phase development with estimated reserves of 1+ billion barrels. Multiple producing wells connecting to EACOP pipeline infrastructure.

Investment Highlights
  • Strong market fundamentals with proven demand
  • Government support and favorable regulatory environment
  • Experienced local partners with track record
  • Clear exit strategy with multiple options
Sector Information

Sector

Energy and Natural Resources

Market Size

Estimated at $2-5B annually in East Africa

Growth Rate

15-25% CAGR projected through 2030

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