Tullow Oil leads $270m investment in Ghana in 2022
The British oil group is increasing its budget significantly to boost offshore production in Ghana, raising its stake against Kosmos.
27/01/2022 at 19h26, by Africa Business+
Having budgeted $265 million of capital investment over 2021 in its African operations, the British group Tullow Oil, headed by Rahul Dhir, plans to spend $350 million this year. In addition to this capital investment, there will be an additional $100m of decommissioning work (the same level as in 2021).
Recommended articles
News
27/02/2023 at 15h12, by Africa Business+
Former Trafigura oil manager joins Tullow Oil board
The oil company is seeking advice from a hydrocarbon expert in Africa.
Oil & Gas
23/02/2023 at 18h50, by Africa Business+
William Minor of DLA Piper promotes Botswana Oil’s interests in Washington DC
The inside story from Africa Business+.
Energy
16/09/2022 at 07h50, by Africa Business+
Deliberations suspended in Associated Energy case against Egypt
At the heart of the case is the aviation fuel provider’s decision to summon two Egyptian parties under...
Advisory
09/03/2022 at 18h07, by Africa Business+
Tullow seeks arbitration against Ghana over large tax debt
The British oil group has been in dispute for several years over taxes at its largest subsidiary in...