Mr Mcdade

4 results

A Tullow Oil drilling block in Kenya. Photograph: Tony Karumbatony/Getty Images

Tullow Oil could be in line for a $200 million (€177 million) boost this year after agreeing a tax settlement with Uganda’s government. The deal will (...)

Aidan Heavey: a true trail blazer in Irish exploration  Photograph: Nick Bradshaw

Tullow Oil founder Aidan Heavey is stepping down as chairman of the exploration group he founded 32 years ago. Mr Heavey became chairman last year af(...)

Tullow expects full-year production from working oil and gas wells in West Africa and the North Sea to be 89,000 to 95,000 barrels a day. File photograph: Getty Images

Explorer Tullow Oil will next year begin drilling in an area close to where rival Exxon Mobil has discovered four billion barrels of crude, worth abou(...)

Tullow Oil chief executive Paul McDade: “It’s a very strong outcome, it puts us in a great position to move forward with the growth of the company.”

Irish explorer Tullow Oil reported a surprise €18 million operating profit on Wednesday after three years in the red and said it expected the first oi(...)