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Tullow Oil has signed a share and purchase agreement (SPA) with Gabon Oil Company to sell its entire working interest in Gabon for a cash consideration of $300m (£252.57m).
Tullow Oil has reached an agreement to divest its Kenyan subsidiary, Tullow Kenya, to Gulf Energy for a minimum consideration of $120m (£90.48m).
London-listed Tullow Oil has struck a $120 million deal to sell its oil assets onshore Kenya to Nairobi-based oil trader Gulf Energy, although it can again become involved if a development ever ...
Gulf Energy has agreed a $120 million (Sh15.56 billion) deal to acquire the assets of Tullow Kenya, setting the stage for the British firm’s exit from Kenya after 13 years in the country.
Tullow’s leadership in Ghana’s oil and gas sector was reinforced at this year’s Chartered Institute of Supply Chain Management (CISCM) Awards held in Accra.
Shares in London-listed Tullow Oil climbed to their highest in almost two weeks on Tuesday after the company announced plans to sell its Gabon assets and reported a return to profit. The company ...
Tullow Oil shares soared on Friday after the London-listed firm revealed it would no longer have to pay a tax bill worth $320million (£258million).
Tullow Oil Plc gained after an international body found it wasn’t liable for a $320 million tax assessment in Ghana, where its key oil assets are located.
Shares in Tullow Oil, the Irish founded exploration company, staged a tentative rally on Wednesday morning, after slumping more than 11 per cent in the previous session after US oil and gas group ...
Jefferies reinstated coverage of Tullow Oil (TUWOY) with an Underperform rating and 18 GBp price target following confirmation that Kosmos does not intend to make a firm offer for Tullow at this ...
Kosmos Energy abruptly called it quits on its potential takeover of West Africa-focused Tullow Oil, sending Tullow’s shares into a 10% tailspin on Tuesday ...
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