Tullow Ghana Ltd News

 

Tullow Oil to Delist from Euronext Dublin Bourse

Sep 13, 2022

Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…

Tullow Oil Taps Petrofac of O&M Services at Ghana FPSO

Jul 05, 2022

London-listed oilfield services giant Petrofac has won a contract with the oil firm Tullow Oil to provide operations services for Tullow's Jubilee Development offshore Ghana.Petrofac’s role in the Jubilee development in Ghana – one of the largest…

Tullow Oil to Buy Capricorn Energy in Deal Valued $826.7M

Jun 01, 2022

Tullow Oil will acquire Capricorn Energy in an all-stock deal worth 656.9 million pounds ($826.7 million), keeping a focus on African reserves amid soaring energy prices.Investors in Capricorn, formerly known as Cairn Energy, will receive 3…

Tullow Oil Sees Ghana Offshore Fields Production at 150,000 boe/d by 2025

Mar 09, 2022

West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent per day (boe/d) and the TEN field 50,000 boe/d by 2025 under current spending plans…

Tullow, PetroSA Pre-empt Kosmos, Oxy Offshore Deal in Ghana

Nov 12, 2021

Oil and gas companies Tullow Oil and PetroSA have decided to pre-empt the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields offshore Ghana to Kosmos Energy, as announced in October.This doesn’t mean Kosmos will not increase its interests in the said fields…

Tullow Oil Expects Full-year Cashflow of $600M

Jul 14, 2021

Africa-focused Tullow Oil expects a full-year operating cashflow of $600 million, steady from last year, if the oil price averages $60 a barrel for the rest of the year, it said on Wednesday.If oil prices, currently at around $76 a barrel, average $70 for the remainder of the year…

TechnipFMC Tallies 'Significant' Order From Tullow in Ghana

Jul 06, 2021

Oilfield services firm TechnipFMC said Tuesday it had won a 'significant' Engineering, Procurement, Construction, and Installation contract for Tullow's Jubilee South East development, offshore Ghana. For TechnipFMC, a “significant” contract is between $75 million and $250 million…

Maersk Drilling Confirms $370M+ Drillship Contract in Ghana

Apr 08, 2021

Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana.The firm contract following the previously agreed conditional letter of award, and includes…

Tullow Starts Multi-well Drilling Program Offshore Ghana

Apr 06, 2021

Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana.The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday.Maersk Drilling's…

Tullow Oil CEO: "We will be able to repay the debt"

Feb 10, 2021

Tullow Oil CEO Rahul Dhir said on Wednesday he expected talks with creditors, including bondholders, to end in the second quarter with a focus on matching maturities with expected cashflows.Tullow had a market capitalization of around $596 million on Wednesday and net debt of $2…

Tullow Picks Maersk Drillship for Ghana Offshore Drilling Campaign

Feb 04, 2021

Danish offshore drilling company Maersk Drilling has received a conditional letter of award from oil company Tullow for the provision of the Maersk Venturer drillship and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana…

Tullow Extends Maersk Drillship Term After Cancellation Notice

Aug 14, 2020

Oil and gas company Tullow Oil has extended the contract with Maersk Drilling for the use of the Maersk Venturer drillship in Angola, following the contract termination for the same rig announced in March.Namely, Maersk Drilling in March said…

Tullow Says 58 Workers Test Positive for COVID-19 Offshore Ghana

May 29, 2020

Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana's Atlantic coast, the company said in a statement on Friday,Fifty-seven workers tested positive on a support vessel for a floating production and storage (FPSO) unit…

Maersk Drilling Loses Two Offshore Rig Deals

Apr 20, 2020

Danish offshore drilling company Maersk Drilling has said it has received early contract termination notices for two of its drilling rigs.Maersk Drilling said Friday that Shell had the contract for the semi-submersible Mærsk Developer 'with immediate effect…

Tullow Rescinds Maersk Drillship Contract

Mar 24, 2020

Oil company Tullow Oil has terminated the drilling contract with Maersk Drilling for the Maersk Venturer drillship in Ghana.Maersk Drilling said Tuesday it had received a notification from Tullow Ghana 'of early termination for convenience of the drilling contract…

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