Tullow Oil names new CEO
Tullow Oil has named Paul McDade as its new chief executive officer.
Tullow Oil
Tullow Oil CFO to take medical leave
Tullow Oil today confirmed its chief financial officer would take an extended leave of absence.
Oil off the boil on dollar surge
Oil prices pared gains after earlier hitting 18-month highs yesterday, the first trading day of 2017.
Oil stocks end day among biggest risers after output deal
Oil stocks were among the biggest risers on the FTSE 100 on Monday after non-Opec producers agreed to curb production to help buoy floundering crude prices.
Tullow, Total’s Uganda oil exports face delays on infrastructure
Output from Ugandan crude deposits being developed by companies including Tullow Oil Plc and Total SA is unlikely to be exported as soon as the nation expects because of the scale of the infrastructure projects required to transport the fuel out of the country.
Tullow Oil to exit year with $4.9bn in debt, continues to shed assets
Tullow Oil today said it expects to exit the year with $4.9billion of debt.
Tullow completes reserve based lend, scales down capital commitments
Tullow Oil said it has successfully completed the six-monthly redetermination of its Reserve Based Lend (RBL) facility.
Arnlea handed offshore Africa inspection work
Aberdeen-based asset manager Arnlea Systems has won a deal to carry out inspection services for an African-focused oil and gas operator.
Tullow seeks truckers for early shipments of first Kenyan oil
Tullow Oil Plc’s Kenyan unit said it’s seeking trucking companies to transport crude from northwestern fields to the port city of Mombasa as the East African nation rushes to export its first oil by mid-2017.
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.
Providence Resources appoints former Tullow chairman
Dublin-based oil and gas explorer Providence Resources today revealed a shuffle of its board.
Petrofac saves Tullow $2.5million on North Sea decommissioning job
Energy services firm Petrofac said today it had saved Tullow Oil $2.5million on a well decommissioning job in the southern North Sea.
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.
Oil and gas struck at Cara well in Norwegian North Sea
Oil and gas have been struck at the Engie-operated Cara well in the Norwegian North Sea.
Tullow looks to exit from its last stake in Norwegian Continental Shelf
Tullow Oil is said to be looking to exit the Norwegian Continental Shelf.
Tullow Oil confirms Norway exit plans, 50 jobs to go
Tullow Oil is pulling the plug on its Norwegian operations in light of “on-going challenges presented by a low oil price”.
Tullow’s North Sea wildcat bites dust
Tullow Oil's plans to go for gold near Statoil's mammoth Johan Sverdrup discovery have come up dry.
Tullow’s Norwegian North Sea wildcat strikes out
Tullow's latest wildcat has failed to yield a return.
Tullow slumps on bond issue
Shares in Tullow Oil slumped over 12% yesterday after it revealed plans to raise $300million (£232million) in fresh bond debt.
Tullow Oil offers $300mln of convertible bonds
Tullow Oil said it has launched an offering of $300million of convertible bonds.
Africa offshore drilling at six-year low as explorers curb quest
US explorers aren’t the only ones idling rigs as sub-$50 crude forces oil and gas drillers in Africa to slow their search for new reserves.
Tullow’s TEN project on track for first oil
Tullow Oil said its TEN Project is on target for first oil in July and is now over 90% complete.
DeepOcean wins Tullow TEN vessel contract
DeepOcean Ghana said it has won a three-year contract from Tullow for one of its light construction vessels.
Jee asked to review Tullow’s decom plans
Jee Limited has been asked by Tullow Oil to review the company’s approach in their decommissioning programmes for a number of assets in the Southern North Sea.
Tullow pleased with Barents appraisal well
Tullow Oil has said the Wisting asset offers valuable development potential following a successful well appraisal in the Barents Sea.