Africa's Oil, Gas and Energy News.
2024 FULL YEAR RESULTS 2025 OUTLOOK and GUIDANCE Richard Miller, Interim Chief Executive Officer and Chief Financial Officer, Tullow Oil plc, commented: “In 2024 we had a number of succeses … Read More
Tullow Oil has announced that it has signed a binding heads of terms agreement with Gabon Oil Company for the sale of Tullow Oil Gabon SA, which holds 100% of … Read More
Further to the announcement on 5 December 2024 of Rahul Dhir’s departure as Chief Executive Officer (CEO), Tullow Oil plc (Tullow)has confirmed the appointment of Richard Miller as Interim Chief … Read More
2025 Outlook – Cost efficiency and production optimisation driving continued cash generation Operational Governance Financial 2024 Performance – Continued strong progress against business objectives Operational Financial Reserves and resources
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
The Environmental and Lands Court in Lodwar, Turkana County, Northern Kenya, where British explorer Tullow Oil has conducted oil exploration since 2010, is poised for a significant environmental lawsuit. On … 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
Tullow Oil has reported that its production activities from its fields in Gabon remains unaffected by the ongoing political activity in the country and the Group continues to work closely … Read More
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
