Total (TOT) is set to retain a major oil license in Uganda's oil-rich Lake Albertine Rift basin...

|By:, SA News Editor

Total (TOT) is set to retain a major oil license in Uganda's oil-rich Lake Albertine Rift basin after striking a new oil discovery following months of extensive drilling. The development is a major boost for the prospects of TOT's operations in Uganda, where the exploration license for the 1A block where the discovery was made was due to expire next month.