July 30, 2020 / 12:08 PM / 15 days ago

Total says launched calls for tenders for Uganda oil project

FILE PHOTO: The logo of French energy group Total is seen on a gas station in Montreuil, France, May 18, 2020. REUTERS/Charles Platiau

PARIS (Reuters) - French energy major Total (TOTF.PA) has launched calls for tenders for its Uganda onshore oil project for the next quarter and plans to sanction the project as soon as possible, CEO Patrick Pouyanne said on Thursday.

“We have the ambition to sanction the project as soon as possible to benefit from the depressed supply market,” Pouyanne told analysts during a company results presentation.

Reporting by Bate Felix; editing by Jason Neely

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