This is Money | Uganda Selects 17 Oil Companies Selected for Second Bidding Round Wall Street Journal Oil companies have discovered at least 6.5 billion barrels of crude oil, from about 20% of its oil region, rendering the country's crude fields the third largest by reserves in sub-Saharan Africa after Nigeria and Angola. “The six blocks on offer ... Tullow sees 1H profit halving amid oil-price slump Uganda Shortlists 17 Companies in Licensing Round for Oil Blocks CompaniesTullow Oil upbeat despite declining profits in H1 |