KENYA: Tullow Increases Expenditure to $59M in 2021
Tullow Oil has said it has increased its capital expenditure by $5 million to take account of revised Kenya expenditure according to its latest trading update. In its earlier report … Read More
Tag: Tullow Oil
GHANA: Tullow Oil Provides Jubilee, Ten fieldsUpdate
Ghana drilling campaign on track, with three of the four wells planned in 2021 now onstream. Significant improvement in operating performance sustained: combined uptime on both FPSOs is averaging c.97%; … Read More
GHANA: Tullow Exercises Pre-emption Rights of Deep Water Tano component of Kosmos Energy/Occidental Petroleum
Tullow Oil has announced that it has exercised its right of pre-emption related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos … Read More
GHANA: Tullow Oil Receives First Ghanaian-flagged Marine Vessel to Support Offshore Activities
Tullow Ghana has taken delivery of the MV Flat Confidence vessel, the first Ghanaian-owned, Ghanaian-flagged marine vessel to support offshore activities in the oil and gas industry in Ghana, following … Read More
GHANA: Tullow CEO Says Company in Strong Position to Execute the Value Maximization plan
The leadership of Tullow Oil Plc, led by CEO Rahul Dhir, paid a courtesy call on the Vice President, H.E. Dr. Mahamudu Bawumia on Monday 27th September 2021 at the … Read More
Tullow Oil Provides Operational Review for Ghana, Gabon, Equatorial Guinea & Côte d’Ivoire
Ghana Jubilee Gross production from the Jubilee field averaged c.70,600 bopd (net: c.25,100 bopd) in the first half of the year, slightly ahead of expectations due to good facility uptime … Read More
KENYA: Upstream & Pipeline Revised Plans Drive Costs to $3.4B
The total gross capital expenditure (capex), which covers both the upstream and the pipeline to First Oil, is expected to increase to $3.4 billion as the KJV revised the previous … Read More
KENYA: KJV Seek Higher Crude Oil Production for Faster Capital Returns
The Kenya Joint Venture comprising of Tullow Oil, Total and Africa Oil seeks to increase the amount of oil produced per day in a “newly redesigned and optimized” plan in … Read More
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
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