Africa's Oil, Gas and Energy News.
Project Oil Kenya leading joint venture has said it is waiting for the Government of Kenya to review field development plan submitted 10th December 2021 before the JV can undertake … Read More
After weeks of speculation of an Indian company entering the Kenyan upstream sector scene accompanied by media reports of an Indian oil refiner eyeing the Lokichar basin a meeting between … Read More
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “It is two years since I joined Tullow and today, we are in a very different place. A relentless focus … Read More
Petrofac’s role on the Jubilee Development in Ghana – one of the largest oil fields discovered offshore West Africa in 20 years – includes the provision of operations, maintenance and … Read More
Tullow Oil and Capricorn Energy have reached an agreement on the terms of a recommended all-share combination. The ‘merger of equals will create a leading African energy company with a material and … Read More
Our company now has solid financial and operational foundations with a well-defined opportunity set to drive growth and create value. With new leadership at the Board, we are now well-placed … Read More
Veracity Worldwide today announced that former Shell and Tullow Oil executive Jimmy D. Mugerwa is joining its advisory board to further support clients looking to operate in the East African … Read More
Tullow Oil has published its 2021 Sustainability Report and its 2021 Climate Risk & Resilience Report. These reports provide an update on Tullow’s progress and performance in 2021 with regard … Read More
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Following a transformational 2021, in which Tullow successfully refinanced its balance sheet, drilled highly productive wells in Ghana and demonstrated … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
