Tullow

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Tullow Oil says its full-year production guidance remains unchanged with a range of 58,000-61,000 barrels of oil equivalent per day. Photograph: Baz Ratner/Reuters

Tullow Oil says it expects to generate $600 million in operating cashflow this year as it increases its stake in the Jubilee and Ten fields in Ghana. (...)

Under the deal Tullow is set to increase its share in the offshore DWT block by 7.7% for around $150m, bringing it to a total of 54.8%. This would increase Tullow’s equity interests in the Jubilee and Ten fields to 38.9%  and 54.8%  respectively.  Photograph: iStock

Tullow Oil is set to increase its stake in the Jubilee and Ten fields in Ghana following the exercising of its right of pre-emption related to the sal(...)

Tullow Oil said cost cuts helped drive its profit in the first half.

Tullow Oil said on Wednesday that chief financial officer Les Wood will step down by the end of next March, as the oil and gas group reported that it (...)

diners

Fáilte Ireland has announced funding of €9 million to build outdoor dining spaces across Ireland over the next six months. As the summer draws to a c(...)

Tullow has historically focused on exploring discoveries, but the oil price collapse last year forced the company and its rivals to slash exploration budgets.

Irish-founded Tullow Oil said on Wednesday it was increasing the volume of oil it protects with hedging to 75 per cent of the company’s output for the(...)

Tulllow last year said it would commit 90%  of its investments in coming years on its producing offshore oilfields in West Africa

Irish-founded Tullow Oil said on Wednesday that chairwoman Dorothy Thompson would step down at the end of the summer after nearly three years in the r(...)

 Storage tanks at Tullow Oil’s Ngamia 8 drilling site in Lokichar, Turkana County, Kenya. Photograph: Baz Ratner/Reuters

Tullow Oil has reported an after-tax loss of $1.2 billion for last year after writing off exploration assets and other impairments. The London-listed(...)

Tullow Oil shareholders will vote on the sale of the company’s stakes in offshore fields in Gabon and Equatorial Guinea to Norwegian group Panoro Energy in a deal worth up to €150 million. Photograph: Baz Ratner/Reuters

Irish-founded Tullow Oil’s €150 million sale of stakes in two African reservoirs will cut spending by around €10 million, according to a company circu(...)

Storage tanks at Tullow Oil’s Ngamia 8 drilling site in Lokichar, Turkana County, Kenya. Photograph: Reuters/Baz Ratner

Tullow Oil’s refinancing discussions with lenders have been extended by up to one month. “This will allow for additional time to review the business (...)

A Tullow Oil facility at Lake Albert in Uganda

Tullow Oil has sold its remaining stake in the Lake Albert oilfield in Uganda to French giant Total for $575 million (€484m), cutting most ties with o(...)

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