Tullow Oil CEO Issues Statement Ahead of AGM
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
Tag: Tullow Oil
Veracity Worldwide Hires Jimmy Mugerwa as New East African Regional Advisor
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 Publishes 2021 Sustainability Report and 2021 Climate Risk and Resilience Report
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
Tullow Oil Announces its Full Year Results for the year ended 31 December 2021
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
Africa Oil Announces Record Financial Results and 2022 Management Guidance
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
Kosmos Energy Announces Fourth Quarter and Full Year 2021 Results
FOURTH QUARTER 2021 HIGHLIGHTS Completed the acquisition of additional interests in the Jubilee and TEN fields in Ghana for ~$550 million (~$460 million after post-closing adjustments) Net Production(2)(3): ~70,000 barrels of oil equivalent per day … Read More
GHANA: Tullow Oil, Forest Commission Sign MoU to the Development of Carbon Offset Projects
Tullow Oil has signed a Memorandum of Understanding (MOU) with the Forestry Commission Ghana to identify and develop carbon offset projects that will support both the realisation of Tullow’s 2030 … Read More
UGANDA: Tullow Oil Receives Contingent Consideration of $75 million
Tullow Oil has announced that the Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP) as reported by Total Energies Ltd on … Read More
East Africa to Witness Increased Upstream Activity in 2022
The three countries Kenya, Uganda and Tanzania could see investments of over $13 billion in the upstream sector from ongoing exploration and entry in the development stage. This is according … Read More
Uganda JV to announce EACOP, Kingfisher & Tilenga Projects Final Investment Decision
The joint venture partners in Uganda’s Tilenga and East Africa Crude Oil Projects Total Energies, CNOOC and state-owned UNOC are expected to announce reaching the final investment decision tomorrow two … Read More