Search results for Tullow oil
Kosmos Energy, the operator of the Makore-1 exploration well offshore Ghana, in which Tullow Oil plc (Tullow) is a 22.896% partner, today issued the following press release. Kosmos Energy (NYSE: KOS) announces today that the company’s Makore-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana encountered 37 meters (121 […]
Tullow oil plc has released a mid year tradig statement and operational statement indicating tremendous success in its Ghana and Uganda oil drilling campaigns. • Record first half revenues; strong operational performance • 79% E&A success ratio; frontier wells in new territories to feature in the second half 5 July 2011 – Tullow Oil plc (Tullow) issues […]
A private oil exploration company Tullow Oil Uganda has donated 75 million shillings to the ministry of Health to support the national campaign in the fight against Ebola. Tullow Uganda General Manager Dr Brian Glover says the contribution is to assist the ministry of health to support the communication campaign in promoting public sensitization and […]
News Release 24 May 2011 – Tullow Oil plc (Tullow) announces that it has entered into an agreement to acquire Nuon Exploration and Production (Nuon E&P) for a cash consideration of €300 million from the Vattenfall Group. The acquisition of Nuon E&P will significantly enhance Tullow’s North Sea business adding a portfolio of 25 licences […]
The Government of Uganda is planning to use tax payment from Tullow oil to finance the construction of the much awaited Karuma Dam in northern Uganda. Kaith Muhakanizi, the deputy secretary to the treasury while addressing journalist said that the government’s position is to use the money to build the proposed Dam that has had […]
Tullow oil Plc has announced it has commenced exploration and appraisal campaign for oil wells in the Lake Albert Rift Valley of mid western Uganda. Following the signing of the SPAs for the farmdown to CNOOC and Total on 29 March 2011, the exploration and appraisal programme has been reactivated and two wells are expected […]
Tullow Oil Plc has announced a successful Tweneboa-4 appraisal well offshore Ghana improving its oil prospecting in Africa. The Tweneboa-4 appraisal well in the Deepwater Tano licence offshore Ghana has successfully encountered gas condensate in good quality sandstone reservoirs. Results of drilling, wireline logs and samples of reservoir fluids have confirmed the western extent of […]
Uganda is now set for the steady development of its oil sector following the entry of CNOOC and Total into the oil processing and production industry of the country. Key oil prospecting firm Tullow Oil announce that it signed Sale and Purchase Agreements (SPAs) with CNOOC and Total in respect of the sale of a […]
Oil prospecting giant in Uganda, Tullow Oil plc (Tullow) has announced that they have solved the long standing tax dispute with the government of Uganda that had put their oil development plans in Uganda on hold. The UK based Oil Company said in a statement on Tuesday that it has today signed a Memorandum of […]
News Release: 10 February 2011 – Tullow Oil plc (Tullow) announces that the Teak-1 exploration well in the West Cape Three Points licence offshore Ghana has discovered approximately 73 metres of net hydrocarbons in two Campanian and three Turonian-aged reservoirs. The well was located 4.6 km northeast of the Mahogany-2 well, 2.7 km outside the […]