Tullow Oil

Recent Articles

Britain's Tullow Launches Oil, Gas Exploration In Zambia
Friday, August 11, 2017 Tullow Oil starts exploring for oil and gas in Zambia.
European Oil Producers' Weak Hedging Shows Bet on Price Rebound
Monday, July 31, 2017 Europe's smaller oil producers are more optimistic about the market than they have been for the past couple of years as a significant reduction in hedging shows they are betting on higher prices.
Tullow Plans More Ghana Wells Once Maritime-Border Spat Settled
Wednesday, July 26, 2017 Tullow Oil plans to drill more wells off Ghana once a ruling on a border dispute is out of the way.
Tullow Says Promoting CEO To Chairman Best For Company
Wednesday, April 26, 2017 Tullow proposes to appoint its outgoing CEO as chairman.
Tullow Falls To Third Annual Loss On More Exploration Write-Offs
Wednesday, February 08, 2017 Tullow Oil misses forecasts to fall to a 3rd consecutive annual loss as it writes off more of its Africa-focused exploration business, sending its shares lower.
Tullow Finds Oil in Kenyan Erut-1 Well
Tuesday, January 17, 2017 Tullow Oil plc announces that the Erut-1 well in Block 13T, Northern Kenya, has discovered oil.
Tullow's Founder Heavey to Step Down as CEO
Wednesday, January 11, 2017 Tullow Oil plc's chief executive officer and founder, Aidan Heavey, will step down as the company's CEO.
Total's Uganda Expansion 'Significantly De-risks' Project Sanction
Tuesday, January 10, 2017 Total's decision to increase its stake in Uganda's Lake Albert oil development significantly de-risks the project's sanctioning, analysts at investment bank Jefferies said.
AkerBP, Cairn Energy Make Jefferies Top Pick List
Monday, January 09, 2017 AkerBP ASA and Cairn Energy plc have made investment bank Jefferies' 'top pick' list, while Genel Energy plc and Tullow Oil plc have been given an 'underperform' rating by the firm.
Tullow CFO Takes Medical Leave of Absence
Thursday, January 05, 2017 Tullow Oil plc's Chief Financial Officer, Ian Springett, is taking an extended leave of absence from the company in order to undergo treatment for a medical condition.
Analysts: Production Ramp-Up at TEN Crucial for Tullow
Wednesday, December 07, 2016 Production ramp-up of the TEN field offshore Ghana is crucial for Tullow Oil plc to maintain continued bank support ahead of a final investment decision on a new project in Uganda, say analysts.
Centrica: Oda Field to see $634M Investment, Will Create 5,500 Jobs
Wednesday, November 30, 2016 Centrica plc, along with its license partners, has pledged to invest $634 million for the development to the Oda field, which it says will generate thousands of jobs over its lifetime.
UK Says East Africa Holds Huge Opportunities, Govt Well Placed to Help
Thursday, November 17, 2016 The UK government has stated that it is well placed to help the East African oil and gas industry, which it described as holding huge opportunities.
Africa Oil, Partners To Begin Drilling New Kenya Wells In Dec
Tuesday, November 15, 2016 Africa Oil and its partners in Kenya will drill up to 8 exploration and appraisal wells starting from December to boost proven resources.
Tullow Cuts FY Capital Budget, West African Production Forecast
Wednesday, November 09, 2016 Tullow Oil Plc slashes full-year spending budget and lowers the forecast for its oil production in West Africa, as it seeks to weather an oil price slump.
Tullow Oil Says To Restart Kenyan Exploration And Appraisal Next Month
Tuesday, November 01, 2016 Tullow Oil will restart exploration and appraisal drilling at Kenya's prolific South Lokichar field next month where it saw an upside potential of over 1 billion barrels of recoverable oil.
Tullow Oil Confirms Turret Bearing Cover
Friday, September 23, 2016 Tullow Oil plc states that hull and machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers, following the failure of the turret bearing earlier this year.
Tullow Oil: Discovery Made in Cara Prospect Offshore Norway
Friday, September 16, 2016 Tullow Oil Norge AS reveals that an oil and gas discovery has been made in the Cara prospect offshore Norway.
Statoil Increases NCS Equity Through Tullow Deals
Wednesday, September 07, 2016 Statoil agrees terms with Tullow Norge AS to increase its equity in four licenses on the Norwegian continental shelf (NCS), including the Wisting discovery in the Barents Sea.
Oil Companies May Spend $8B to Start Output in Uganda
Tuesday, August 30, 2016 Uganda expects three oil companies to invest $8 billion in the East African nation before they start producing crude in 2020, Energy Minister Irene Muloni says.