The Kingfisher Project is planned to develop the Kingfisher, Mputa, Nzizi and Waraga fields. The Project will produce 40,000 Barrels of Oil per day during peak production. The crude will be treated at a Central Processing Facility (CPF) located in the southeastern shores of Lake Albert. The Kingfisher development wells will be highly deviated wells from onshore surface locations targeting the offshore reservoirs.

The Front-End Engineering and Design (FEED) for the Project was completed in February 2018. The Environmental and Social Impact Assessment (ESIA) was completed, and certificate issued by the National Environment Management Authority in February 2020.

Like the Tilenga Project, award of the Kingfisher Project contracts including Engineering Procurement, and Construction (EPC) contracts and drilling are awaiting FID. Once the FID is taken, drilling of development wells and construction of production facilities including the CPF, infield and feeder pipelines will commence.

Therefore, the Kingfisher Project is also considered technically mature and is only awaiting conclusion of the commercial agreement to enable the Final Investment Decisions (FID) to be taken.

UNOC holds 15% participating interest in the Project. Our partners in the project are CNOOC Uganda Limited and Total E&P Uganda B.V., holding 28.33% and 56.67% respectively. CNOOC Uganda is the Operator.