Africa's Oil, Gas and Energy News.
Tullow notes that the International Chamber of Commerce (ICC) today delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the … Read More
Northern Ocean has announced that it has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group of Companies for the use of the Deepsea Bollsta … Read More
At the U.S.-Africa Nuclear Energy Summit in Nairobi, Under Secretary of State for Arms Control and International Security Bonnie Jenkins, joined by U.S. Department of Energy Deputy Assistant Secretary Aleshia … Read More
Operational performance In 2023, full year working interest production averaged 62.7 kboepd, including 6.9 kboepd of gas. Group working interest production is expected to increase year-on-year and our guidance range … Read More
Operational Financial
Jubilee Gross oil production from the Jubilee field averaged 72.4 kbopd (net: 28.2 kbopd) in the first half of the year. This was slightly below expectations largely due to reduced … Read More
Tullow Oil has provided an update on production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, offshore Ghana. Gross production from the field … Read More
Aker Capital AS, 100 percent owned by Aker ASA, and The Resource Group TRG AS (TRG) have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company owned by Africa Finance Corporation (AFC). … Read More
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “2022 saw Tullow successfully deliver against our business plan. A high focus on cost control and a disciplined approach to … Read More
OPERATIONAL UPDATE Production Group net working interest production averaged c.61.8 kboepd to end October 2022, in line with guidance. Full year production guidance for 2022 narrowed from 60-64 kbopd to … Read More
