Tag: Tullow oil

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 ...

“From 2020 onwards, the industry has seen a continuous decline. There has been little-to-no new exploration or production initiatives."

Offshore drilling contractor Noble Corporation has announced two significant contract awards for its drillships, the Noble Venturer and Noble Globetrotter I.   These developments underscore the company’s strong market position ...

London-based Tullow Oil may soon be acquired by its larger U.S.-based competitor Kosmos Energy, as the two companies confirmed they are in early discussions regarding a potential all-share takeover.   ...

West Africa-focused oil and gas company, Tullow Oil PLC, has announced that its Chief Executive Officer, Rahul Dhir, will step down from his role and resign from the board in ...