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How Our New Commodity Division Helps Stabilize Supply Chains in East Africa

How Our New Commodity Division Helps Stabilize Supply Chains in East Africa

by medicugcom | Apr 17, 2022 | Uncategorized

Medic Holdings Limited, a leader in East Africa’s petroleum sector, has expanded into commodity trading through its Dubai-based subsidiary, Meedek PTL FZE. This strategic move addresses critical supply chain vulnerabilities in the region, particularly in food security...
EACOP Costs Surge to $5 Billion – Stakeholders Tackle Financing Challenges

EACOP Costs Surge to $5 Billion – Stakeholders Tackle Financing Challenges

by medicugcom | Aug 17, 2021 | Uncategorized

The East African Crude Oil Pipeline (EACOP) represents one of the most significant energy infrastructure projects currently underway in Africa. Designed to transport crude oil from Uganda’s Lake Albert oilfields to the Tanzanian port of Tanga, this...
Tanzania Signs Host Government Agreement with TotalEnergies for EACOP

Tanzania Signs Host Government Agreement with TotalEnergies for EACOP

by medicugcom | May 20, 2021 | Uncategorized

In 2020, Tanzania signed a pivotal Host Government Agreement (HGA) with TotalEnergies (then Total S.A.) to solidify the legal and operational framework for the East African Crude Oil Pipeline (EACOP). This agreement marked a significant milestone in the development of...
2021 EACOP Deal Signed: Museveni, Suluhu, Total & CNOOC Seal Project Agreement

2021 EACOP Deal Signed: Museveni, Suluhu, Total & CNOOC Seal Project Agreement

by medicugcom | Apr 11, 2021 | Uncategorized

The East African Crude Oil Pipeline (EACOP) project represents one of the most significant energy infrastructure developments in East Africa. On April 11, 2021, a landmark agreement was signed between Uganda, Tanzania, TotalEnergies, and CNOOC, marking a critical...
TotalEnergies Strikes Deal with Uganda – EACOP Progress Revived in 2020

TotalEnergies Strikes Deal with Uganda – EACOP Progress Revived in 2020

by medicugcom | Apr 11, 2020 | Uncategorized

On April 11, 2020, amidst global pandemic lockdowns, TotalEnergies (then Total SA) and the Ugandan government signed a landmark agreement that revived the stalled East African Crude Oil Pipeline (EACOP) project. This $5 billion megaproject—which had languished since...
Kenya’s Lokichar–Lamu Pipeline Faces Delay – Completion Moved to 2025

Kenya’s Lokichar–Lamu Pipeline Faces Delay – Completion Moved to 2025

by medicugcom | Jun 17, 2018 | Uncategorized

In 2018, Kenya announced a significant delay to its Lokichar-Lamu crude oil pipeline, pushing the expected completion date from 2022 to 2025. This postponement dealt a blow to Kenya’s aspirations of becoming an oil-exporting nation while reshaping regional energy...
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