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Flash News

CôTE d’IVOIRE: Saipem awarded new contracts by Eni

EGYPT: Serica Energy Board Approves Acquisition of Pharos Energy

Cote d’Ivoire: TechnipFMC Awarded Subsea Contract for Eni’s Baleine Phase 3 Development

LIBERIA: BluEnergies and TotalEnergies Progress Operations, Harper Basin

ZIMBABWE: Multiple Awarded Contracts for Musuma-1 Exploration Well and Preparation for Drilling Commences

CONGO BRAZZAVILLE: PetroNor E&P Q2 2026 Production Update

São Tomé and Príncipe: Petrobras Concludes Acquisition of Exploration Block

BOTSWANA: TGS Prediktor Delivers PowerView™ SCADA for Scatec’s Mmadinare Solar Cluster

EGYPT: TAG Oil Provides Update on Drilling Operations at BED-1 Concession

EQUATORIAL GUINEA: Panoro Energy Reports Completion of Acquisition of Block G offshore

Tuesday, July 28, 2026

Tag: exploration expenditure

Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop
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Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop

Samuel Kamau Mbote January 15, 2015

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil has said it will be shrinking its 2015 exploration expenditure capital to just $200 million from $1 billion in 2014 as it takes steps to strengthen … Read More

Amosing wellEast AfricaEngomo-1Epir-1Exploration and Productionexploration expenditureKerio Valley BasinLekep-1Ngamia-5Ngamia-6Oil price fropSouth Lokichar basinTullow OilTurkana Basin Comment on Tullow Oil cuts exploration capital expenditure by 80% in 2015 following oil price drop
Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop
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Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop

Samuel Kamau Mbote November 12, 2014

Following the drop in global crude oil prices Tullow Oil says I will be reducing on exploration cost as well as focus on high margin oil and its major basin-opening … Read More

AfricaAidan HeaveyAtlanticBlock 10ABlock 10BAblock 12ABlock 13TBlock L8block10BBCrude oil priceEast Africaexplorationexploration expenditureKenyaoffshoreOnshoreTullow OilUgandaWest Africa 2 Comments on Tullow Oil cuts on offshore exploration to focus on East Africa acreage as crude oil price drop

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