Tullow Oil Provides Operational Update
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “I am pleased to report that Tullow has made excellent operational and financial progress in the first half of 2021. … Read More
Tag: Equatorial Guinea
EQUATORIAL GUINEA/ GABON: Tullow Completes Sale of the Dussafu Asset
Tullow received a payment of $39 million from Panoro for the Dussafu asset and $5 million of contingent consideration relating to the Equatorial Guinea transaction. As previously disclosed, this transaction … Read More
Equatorial Guinea: Trident Energy Kicks Off Drilling Campaign
Energy Capital & Power, on behalf Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH), has announced the start of drilling in the Elon Field in Trident Energy-operated Block G in … Read More
Middle East and Africa’s Oil & Gas Industry Saw a Drop in Deal Activity in Q1 2021
Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More
Tullow Oil Completes the Sale of its Assets in Equatorial Guinea to Panoro Energy
Tullow Oil plc has announced that the sale of its assets in Equatorial Guinea to Panoro Energy has now completed. Earlier today, Tullow received a payment of $88.8 million from … Read More
Nigeria, Equatorial Guinea Sign MoU to Consolidate New Opportunities for the Hydrocarbons Sector
H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea met with H.E. Timipre Sylva, Minister of Petroleum Resources of Nigeria at the presidential palace in Malabo … Read More
West Africa: Tullow Agrees US$180 million Sale of Assets to Panoro
Transaction Structure Tullow has signed two separate sale and purchase agreements with Panoro, pursuant to which Tullow has agreed to the sale to Panoro of its entire interest in Equatorial … Read More
A Pragmatic Solution to the BEAC’s FOREX Regulations Will Not be Reached Without the Involvement of Local Stakeholders
The FOREX regulations imposed by the Bank of Central African States (BEAC) remain one of the major impediments to investments in Central Africa’s energy markets: Equatorial Guinea, Congo, Cameroon, … Read More
Tullow Oil Provides 2020 Performance & 2021 Outlook
2020 Performance · The impact of COVID-19 has been managed effectively across the Group with negligible impact on production. · Group working interest oil production averaged 74,900 bopd in 2020, … Read More
EQUATORIAL GUINEA: TDI-Brooks International Completes Geophysical & Geotechnical Campaign
TDI-Brooks International, Inc. has completed a geophysical and geotechnical (G&G) campaign for Trident Equatorial Guinea off the coast of Equatorial Guinea in the Elon Field. The site survey work was … Read More
