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Tullow Oil CEO says too early to give new timeframe for Uganda FID
Tullow Oil Announces Termination Of Farm-Down Agreement In Uganda
Tullow Oil Cuts FY Oil Production Guidance To 89-93,000 BOPD
Tullow Oil plc is an independent oil and gas exploration and production company. The Company's primary activity is the discovery and production of oil and gas. Its segments include West Africa; East Africa, and New Ventures. The West Africa Business focuses on its production and development projects in West Africa and Europe. The business includes its operated asset, the Jubilee field in Ghana, the TEN Project and a portfolio of non-operated production assets in approximately five countries across the region. The East Africa Business is focused on exploration activity across the Company's acreage position in Kenya. The New Ventures Business is focused on its frontier exploration and appraisal activity across Africa and South America. It manages its New Ventures portfolio through both license acquisitions and farm downs of existing acreage. Its activities include targeted exploration and appraisal, and selective development projects. It has operations in Africa and South America.
Oil & Gas Operations
Chiswick Park, 566 Chiswick High Road
Dorothy C. Thompson
Independent Non-Executive Chair of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Exploration Director, Executive Director
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Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's <TLW.L> plan to sell a stake in the project to France's Total <TOTF.PA> and China's CNOOC <0883.HK> was called off last week.
Tullow Oil's <TLW.L> plan to sell another stake in its 230,000 barrel per day project in Uganda to France's Total <TOTF.PA> and China's CNOOC <0883.HK> has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.
Tullow Oil's sale of a stake in its planned 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.
* Eco Atlantic and Tullow have started drilling a new exploration well in Guyana's offshore Orinduik block, where they made a discovery with partner Total this month.
* Eco Atlantic and Tullow started drilling a fresh exploration well in Guyana's offshore Orinduik block, where they made a discovery with partner Total this month.
Kenya is set to export its first crude oil after its government and a group led by explorer Tullow Oil <TLW.L> picked trading company ChemChina UK Ltd to buy its first shipments, the Petroleum and Mining Ministry said.
Tullow Oil PLC <TLW.L> said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.
London's FTSE 100 rebounded on Monday after suffering its steepest five-day drop since May last week over worries of a prolonged U.S.-China trade war, while tour company Thomas Cook plunged after updating on its recapitalisation plans.
Tullow Oil announced on Monday a major oil discovery in the Orinduik block in Guyana, raising expectations it will move to develop a field in the oil-rich South American country.
The board of British oil producer Tullow <TLW.L> will pay an interim dividend of 2.35 cents per share, representing a payout of about $33 million ( £26.6 million ), the company said on Wednesday, in line with plans to disburse at least $100 million a year.
The board of British oil producer Tullow will pay an interim dividend of 2.35 cents per share, representing a payout of about $33 million, it said on Wednesday, as part of plans to pay out at least $100 million a year.
The board of British oil producer Tullow will pay an interim dividend of 2.35 cents per share, representing a total payout of about $33 million, it said on Wednesday.
Britain's Tullow Oil has delayed the final investment decision (FID) for its Kenya project to 2020 and has not yet sealed a tax deal in Uganda that is needed for the progress of its plans there with Total , it said on Wednesday.
Britain's Tullow Oil has delayed the final investment decision (FID) for its Kenya project to 2020 and has not yet sealed a tax deal in Uganda that is vital for the progress of its plans there with Total , it said on Wednesday.
The Kenyan government has signed agreements with oil major Total, Tullow Oil < and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in the country's northwest.
Kenya's government, and oil firms Tullow Oil, Total and Africa Oil Corp have signed agreements for the development of a 60,000-80,000 barrels per day crude oil processing facility for oil discovered in the country's north west, the Petroleum and Mining Ministry said on Tuesday...
* Partners Tullow Oil, Total and Eco Atlantic have chosen the "Joe" prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.
* First indication of Kenya crude pricing expected next week (Adds detail)
A deal with local Kenyan authorities that would allow Tullow Oil to pump water to pressurise oil wells, crucial for a final green light for the country's only oil project, may be delayed to the third quarter, a Tullow executive said on Friday.
* Has agreed "principles" of Ugandan tax deal (Adds CEO and analyst comment on Uganda tax)
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