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Total SA expects to drill eight exploration wells in Uganda by end of next year, and will spend about $650 million (Sh54.6 billion) on its activities in the same period, a senior company official said.
Total entered Uganda’s burgeoning petroleum industry early this year after it and China’s China’s CNOOC took up a third each of British explorer Tullow Oil’s exploration assets in the country for a total of $2.9 billion (Sh 244billion).
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