Tag Archive

Tullow Oil stops all operations in its Kenyan oil fields

Tullow Oil stops all operations in its Kenyan oil fields

July 26, 2018 No Comments

Tullow Oil has stopped all operations in its Kenyan oil fields, citing unaddressed security fears as local hostility mounts. Tullow Oil had threatened over the weekend to shut down its oil wells in the Lokichar basin if the government does not act soon to remedy production, security, and transportation problems. Tullow pulled the trigger not […]

Tullow Oil’s 2018 Half Year Results

Tullow Oil’s 2018 Half Year Results

July 25, 2018 No Comments

Tullow Oil plc (Tullow), announces its half year results for the six months ended 30 June 2018. West African production delivers $0.9bn revenue; $0.5bn gross profit; $0.4bn free cash flow. Good progress towards FIDs in East Africa; Namibia well to start multi-well exploration campaign 2018 HALF YEAR RESULTS SUMMARY •Revenue of $905 million1; gross profit […]

Result of Tullow Arbitration with Kosmos

Result of Tullow Arbitration with Kosmos

July 18, 2018 No Comments

Tullow Oil plc (Group) announces that a panel of arbitrators, working under the jurisdiction of the International Chamber of Commerce, has delivered an award in favour of Kosmos Energy Ghana HC (Kosmos) in relation to its dispute with Tullow Ghana Limited (Tullow) regarding its share of the liability of costs related to the West Leo […]

Tullow Announce Trading Statement & Operational Update

Tullow Announce Trading Statement & Operational Update

June 28, 2018 No Comments

Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2018. This is in advance of the Group’s Half Year Results, which are scheduled for release on Wednesday 25 July 2018. The information contained herein has not been […]

Tullow Provides November Trading Update

Tullow Provides November Trading Update

November 8, 2017 No Comments

Tullow Oil plc (Tullow) issues the following Trading Update for the period 27 July to 8 November 2017. The Group will publish a Trading Statement and Operational Update on 10 January 2018. Full Year Results for 2017 will be announced on 7 February 2018. Highlights • Full year 2017 West Africa net oil production guidance, […]

2,550 km2 3D Seismic Survey Offshore Guyana, Options and RSU grant Approved

2,550 km2 3D Seismic Survey Offshore Guyana, Options and RSU grant Approved

June 8, 2017 No Comments

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or “Company”) (TSX-V:EOG, LSE:ECO) announced that Eco Atlantic and its Operating Partner, Tullow Oil (“Tullow”), have approved a circa 2,550 km2 seismic survey on the Company’s Orinduik Block offshore the Co-operative Republic of Guyana (“Orinduik”). The survey is anticipated to commence in the next two weeks. The […]

HALO PROPOSED REVERSE TAKEOVER PROPOSED ACQUISITION OF TULLOW 101 NETHERLANDS B.V.

April 10, 2017 No Comments

Hague and London Oil PLC announced that it has agreed the conditional acquisition of significant non-operated natural gas production assets in the Dutch North Sea from Tullow Netherlands Holding Coöperatief B.A. based on an enterprise value of €4,752,675, the net effect of which is that the Seller shall receive an estimated amount of €9,752,429 on […]

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Seadrill Partners Receives Notice of Force Majeure for the West Leo

Seadrill Partners Receives Notice of Force Majeure for the West Leo

October 4, 2016 No Comments

Seadrill Partners (“SDLP” or “the Company”) has received a notice of Force Majeure from Tullow Ghana Limited (“Tullow”) for the West Leo drilling contract (the “Contract”) effective 3 October 2016. The Company disputes Tullow’s claim for Force Majeure and will enforce all its rights as per the contract and governing law. The West Leo has […]

Hyperdynamics Announces Settlement of Arbitration with Tullow and Dana

August 24, 2016 No Comments

Hyperdynamics Corporation (OTCQX:HDYN) announced that its wholly owned subsidiary, SCS Corporation Ltd., (“SCS”), Tullow Guinea Ltd. (“Tullow”), and Dana Petroleum (E&P) Ltd. (“Dana”) entered into a Settlement and Release of their ongoing arbitration. As part of the Settlement and Release, SCS released all claims against Tullow and Dana. In turn Tullow and Dana issued to […]

Tags: , , , , Renewables
Hyperdynamics and the Government of Guinea Sign a Memorandum of Understanding

Hyperdynamics and the Government of Guinea Sign a Memorandum of Understanding

August 24, 2016 No Comments

Hyperdynamics Corporation (OTCQX: HDYN) announced that on August 19, 2016, Ray Leonard, Chief Executive Officer, and the General Director of the National Petroleum Office of the Republic of Guinea, Diakaria Koulibaly, signed a Memorandum of Understanding (“MOU”) regarding the terms of the one year extension to the 2006 Production Sharing Contract, as Amended (“the PSC”) […]

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