Search results for: Tullow Oil

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  • 2 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    BMT ARGOSS (BMT) has been awarded a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America, to help support the company’s offshore oil and gas exploration and operating activities.  Colleen Abell, Senior Environmental Remote Sensing & GIS Specialist at Tullow Oil Plc., […]

  • 9 December 2019
    Business & Finance

    Shares in oil and gas company Tullow Oil tanked on Monday morning after the company announced the departure of its chief executive and exploration director as well as plans to reduce capital expenditures and suspend the dividend. Paul McDade, Tullow Chief Executive Officer, and Angus McCoss, Exploration Director, have resigned from the board of Tullow […]

  • 2 April 2014
    Business & Finance

    BMT ARGOSS (BMT), a subsidiary of BMT Group, has announced the award of a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America, to help support the company’s offshore oil and gas exploration and operating activities. Colleen Abell, Senior Environmental Remote Sensing […]

  • 17 April 2018
    Business & Finance

    Tullow Oil has appointed an independent non-executive director and chair-designate of Tullow with effect from the conclusion of the company’s annual general meeting.

  • 3 April 2020
    Business & Finance

    Tullow Oil has identified further cost savings while its lenders have approved its credit facility with a $1.9 billion of debt capacity.

  • 1 March 2019
    Business & Finance

    Oil and gas exploration company Tullow Oil has appointed two non-executive directors to the company’s board of directors.

  • 8 November 2017
    Project & Tenders

    Tullow Oil has raised its oil production guidance for the year thanks to the higher output from Jubilee and TEN fields offshore Ghana.

  • 5 September 2014

    Tullow Oil’s subsidiary Tullow Exploration & Production B.V., has entered into an agreement to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy B.V., a subsidiary of Mercuria Energy Group Limited for a consideration of €62.7 million (US$81.1 million). The transaction involves the sale of a subsidiary, […]

  • 10 February 2016

    Tullow Oil, an independent oil and gas exploration and production company, on Wednesday reported a loss after tax for 2015 of $1.03 billion following write-downs exacerbated by lower oil prices.  According to Tullow’s 2015 full year report on Wednesday, these included an exploration pre-tax write-off totalling $749 million, a pre-tax impairment charge of $406 million and an […]

  • 6 February 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Petrofac has been appointed to provide outsourced well operator services on the next phase of Tullow Oil’s Thames decommissioning project, following the award of a new multi-million dollar contract. Under the terms of the award, Petrofac will provide well engineering project management services and fully execute plug and abandonment operations on seven of Tullow Oil’s […]

  • 2 April 2019
    Operations & Maintenance, Project & Tenders

    Petrofac has been appointed well operator by Tullow Oil for the next phase of its Thames Decommissioning Project, following the award of a contract worth around $16 million. As well operator, Petrofac will be responsible for the execution of plug and abandonment operations on three of Tullow Oil’s subsea wells in the Southern North Sea. […]

  • 19 December 2016

    Pancontinental Namibia has received a cash call claim for more than $0.5 million from Tullow Oil. The claim stems from alleged costs incurred by Tullow during operatorship of Namibian license PEL 37. Pancontinental said on Monday that it received a purported cash call from Tullow on Friday, December 16. The amount of the cash call, standing at […]

  • 14 January 2016
    Project & Tenders

    Tullow Oil, an independent oil exploration and production company, is hoping to get the approval of the Greater Jubilee Full Field Development Plan (GJFFD) in the first half of 2016.  The Jubilee field, discovered in 2007 with two exploration wells, is located offshore Ghana. The field, developed with an FPSO with a capacity of 120,000 bopd, came on-stream in […]

  • 5 December 2016
    Exploration & Production

    Following a force majeure declared in October 2016, oil company Tullow Oil has terminated a drilling contract it had with Seadrill Partners for an offshore drilling rig in Ghana. Seadrill Partners, the offshore driller, said Friday it had received a notice of termination from Tullow Oil Ghana for the West Leo drilling contract on December 1, […]

  • 19 December 2019

    Tullow Oil has become a party to the Dussafu license joint operating agreement in Gabon. Dussafu is operated by BW Energy.

  • 26 September 2016

    Oilfield services provider Petrofac has completed a well decommissioning contract for the oil company Tullow Oil in the Southern North Sea.  Petrofac said on Monday that its differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea, saved $2.5 million compared to traditional approaches. The well […]

  • 6 September 2013
    Business & Finance, Operations & Maintenance

    Tullow Oil plc (“Tullow”) announces that the Wisting Central exploration well (7324/8-1), offshore Norway, has made the first ever oil discovery in the Hoop-Maud Basin in the Barents Sea. Results of drilling, wireline logs and samples of reservoir fluids show that the well has encountered 50-60 metres of net light oil pay in good quality […]

  • 12 December 2016
    Business & Finance

    G4S, world’s largest security company by the number of employees, has once again reached into the oil and gas talent pool. The company has named Tullow Oil’s chief financial officer Ian Springett a non-executive director of its board effective January 1, 2017. He will also be joining its Risk Committee and become chairman of the board’s […]

  • 6 July 2017

    Eco Atlantic has welcomed the news on Tullow Oil’s farm-out of a portion of a stake in an offshore license in Nambia to India’s ONGC. As Offshore Energy Today has reported, ONGC Videsh has reached a binding agreement with Tullow Oil to buy 30 percent interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, […]

  • 25 April 2018

    Tullow Oil has completed the first of three scheduled shutdowns of the FPSO Kwame Nkrumah on the Jubilee field offshore Ghana and is preparing for the second one.

  • 21 April 2020
    Business & Finance, Business developments & projects

    Oil and gas company Tullow Oil has appointed a new chief executive officer (CEO) and executive director of the company.

  • 9 December 2015
    Business & Finance

    Tullow Oil, a multinational oil and gas exploration company, has announced that Graham Martin, Executive Director and Company Secretary, will retire from Tullow. Martin will retire following the Group’s next Annual General Meeting which is expected to be held on April 28, 2016. Martin has also resigned from the position of company Secretary with effect from […]