[Monitor] Following the recent conclusion of key oil agreements related to the East African Crude Oil Pipeline ("EACOP") project, Uganda is at the Final Investment Decision (FID) to develop the necessary infrastructure for crude oil production. The international oil companies ("IOCs") now have the green light to start awarding major project contracts. Close to $15 billion is projected will be spent on building the crude oil processing and production facilities, EACOP and potentially the refinery.
