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Tullow Oil Fending Off Potential Cash Crunch, Reports $1.3 Billion Loss
2020-09-09 15:41:16| OGI
Tullow, with a market cap of $361 million as of Sept. 8 and $3 billion in debt, said it was looking at various refinancing alternatives.
Tags: reports
potential
loss
cash
Tullow Oil Exits Uganda Project in $575 Million Sale to Total
2020-04-23 20:30:00| OGI
Total agreed to buy Tullows roughly 33.3% stake in the Uganda Lake Albert development project including the East African Crude Oil Pipeline for $575 million in cash.
Tags: total
sale
project
million
Tullow Oil Appoints Delonex Chief Dhir As CEO
2020-04-21 15:10:48| OGI
Tullow has been under the interim leadership of Executive Chairman Dorothy Thompson since previous CEO Paul McDade resigned in December.
Tullow Cancels Maersk Drilling Contract Offshore Ghana
2020-03-24 14:05:26| OGI
Maersk Drilling has received a notification from Tullow Ghana Ltd. on March 24 of early termination for convenience of the drilling contract for the drillship Maersk Venturer.
Tags: contract
ghana
offshore
drilling
Tullow Shares Drop On Doubts Over New Offshore Guyana Well
2020-01-02 15:05:53| OGI
Tullow Oil said the Carapa well offshore Guyana had struck oil at about 4 m of net pay, which analysts believe is unlikely to be commercially viable.