Tullow enters into $400m debt facility with Glencore
13th Nov 2023 10:03
(Sharecast News) - Tullow Oil said on Monday that it has entered into a $400m five-year notes facility agreement and oil marketing and offtake deals with Glencore.
Read moreTullow Oil narrows output guidance as H1 profits drop
13th Sep 2023 07:52
(Sharecast News) - Oil and gas group Tullow Oil said profits more than halved in the first six months of 2023 on the back of a significant drop in crude prices, as it disappointed the market with lower-than-expected output guidance for the full year.
Read moreTullow Oil says Jubilee production passes 100,000 barrels per day
17th Jul 2023 08:42
(Sharecast News) - Tullow Oil said production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, off Ghana had passed 100,000 barrels per day after a second production well was brought onstream.
Read moreKosmos, Tullow Ghana Jubilee oil project starts operations
14th Jul 2023 07:04
(Sharecast News) - The Jubilee South East (JSE) oil project, offshore Ghana has started operations, said Kosmos Energy on Friday.
Read moreTullow reinstates hedging policy, maintains production guidance
12th Jul 2023 08:20
(Sharecast News) - Tullow Oil said in an update on Wednesday that during the first half of 2023, it recorded total revenue of around $0.8bn, including hedging costs.
Read moreTullow Oil considering all options with respect to Espoir field in Ivory Coast
12th Jun 2023 10:23
(Sharecast News) - Tullow Oil said on Monday that it is considering all options with respect to its interest in the Espoir field in Côte d'Ivoire.
Read moreTullow Oil Kenya Lokichar Basin partners pull out
23rd May 2023 08:26
(Sharecast News) - Total Energies and Africa Oil have pulled out of a Kenyan project, leaving operator Tullow Oil as the sole owner, the latter said on Tuesday.
Read moreTullow Oil in asset swap deal with Perenco
28th Apr 2023 08:08
(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.
Read moreTullow Oil profits soar on higher oil, gas prices
8th Mar 2023 07:04
(Sharecast News) - Tullow Oil gross annual profits almost doubled as the company cashed in on higher oil and gas prices sparked by the war in Ukraine.
Read moreTullow Oil seeks arbitration over Ghana tax dispute
14th Feb 2023 07:20
(Sharecast News) - Tullow Oil has filed requests for arbitration with the International Chamber of Commerce in London over a $387m tax dispute with Ghana.
Read moreTullow Oil beats 2022 free cash flow expectations
25th Jan 2023 07:25
(Sharecast News) - Tullow Oil said it expected to report better-than-expected free cash flow of $267m, up from $245m a year earlier and said it was facing a large tax bill on its assets in Ghana as tax incentives wind down.
Read moreTullow Oil signs new production sharing licence in Côte d'Ivoire
14th Dec 2022 07:13
(Sharecast News) - Tullow Oil has signed a production sharing contract for an offshore exploration licence in Côte d'Ivoire.
Read moreTullow Oil appoints Richard Miller as CFO
8th Dec 2022 07:28
(Sharecast News) - Tullow Oil has appointed Richard Miller as chief financial officer and executive director.
Read moreTullow Oil ups full-year free cash flow guidance, postpones Capital Markets Day
16th Nov 2022 07:52
(Sharecast News) - Tullow Oil upped its forecast for full-year free cash flows, adding that it was on track to lower gearing to below 1.5 times operating profits by year end.
Read moreJefferies downgrades Tullow Oil, slashes price target
12th Oct 2022 11:18
(Sharecast News) - Jefferies downgraded Tullow Oil on Wednesday to 'hold' from 'buy' and cut the price target to 48p from 77p.
Read more