Tullow focuses on West African delivery
Tullow Oil is moving away from its focus on asset sales and has set out a long-term vision, under which it will generate $7 billion over the next 10 years.
Jubilee
Kosmos sales slide despite hedges
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
Tullow sharpens West Africa focus, eyes impairments
Tullow Oil produced 77,700 barrels per day in the first half of the year, while the realised oil price was $52 per barrel.
Total ditches Ghana purchase
Total has scrapped plans to buy assets that had belonged to Anadarko Petroleum in Ghana.
As pressure mounts, Tullow launches sale plans
Tullow Oil has slashed spending in 2020 and set out major disposal plans in an attempt to weather the storm.
Kosmos to pay out dividend, plans energy transition shift
Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period.
Tullow takes write down on lower for longer prices
Tullow expects to report pre-tax impairments and exploration write-offs of around $1.5 billion for 2019, as a result of a lower oil price forecast and a reduction in 2P reserves at the TEN project, offshore Ghana.
Ghana on the rocks
Ghana has had a decidedly mixed couple of months, with a major offshore discovery offsetting problems at Tullow Oil and Aker Energy.
Tullow chief exec and exploration boss exit, shares nosedive
Tullow Oil chief executive Paul McDade and exploration director Angus McCoss have resigned with immediate effect as production expectations for 2020 and beyond have been slashed.
Kosmos scores in Equatorial Guinea
Kosmos Energy notched up $16 million in net income for the third quarter, while also celebrating a discovery offshore Equatorial Guinea.
Springfield launches deepwater drilling off Ghana
Springfield Exploration and Production began drilling the Afina-1x well, offshore Ghana, on October 7.
Flintstone secures multi-million pound contract for Tullow’s Jubilee FPSO
Scotland-based Flintstone Technology has won a multi-million pound contract for work on Tullow Oil’s Jubilee FPSO in Ghana.
Tullow confirms insurance backing for damaged Jubilee turret
Tullow Oil said it has received confirmation from its insurers that they accept a recoverable claims for the Jubilee turret.
Tullow Oil gets insurance cover for Jubilee field FPSO
Tullow Oil said it has received insurance cover for its floating, production, storage and offloading vessel (FPSO) Kwame Nkrumah.