Tullow Oil Names Ian Perks as New CEO
Tullow Oil plc has appointed Ian Perks as its new CEO, effective September 15, 2025.
Tullow Oil plc has appointed Ian Perks as its new CEO, effective September 15, 2025.
Tullow Oil is negotiating with bondholders to refinance a $1.3 billion bond maturing in 2026
Tullow Oil posted a $61m loss after tax for H1 2025, reversing prior-year profit.
Tullow Oil plc exits Gabon through a $307 million sale to Gabon Oil Company, reinforcing its debt-reduction
Tullow Oil has signed a $120 million deal with Auron Energy to sell its Kenyan assets
These moves aim to significantly reduce net debt and streamline the company’s operational focus on high-value growth opportunities in Ghana.
He emphasized that the next two decades could mark a turning point for the industry, with fossil fuels gradually making way for clean energy alternatives.
“Today’s announcement marks another step forward in Tullow’s accelerated deleveraging journey..."
The move signals Kenya’s determination to revive its stalled oil and gas industry by offering tax incentives and other investment-friendly policies to attract international energy firms.
“Ghana drilling programme with Noble Venturer to commence in May 2025, with two Jubilee wells (one producer and one water injector) expected to come onstream in the third quarter of ...