Tullow Oil PLC (TLW.L)
17 Aug 2018
ACCRA, Aug 15 Oil production from Tullow Oil's offshore Tweneboa, Enyenra and Ntomme (TEN) field in Ghana is expected to hit full output capacity of 80,000 barrels a day by 2020, a local manager said on Wednesday. TEN, with reserve estimates of 240 million barrels of oil and associated gas of 60 million barrels, produces around 56,000 barrels currently, external affairs director Cynthia Lumor told reporters in Accra. Tullow held back work at TEN, its second operation in the West Afri
NAIROBI, Aug 8 Tullow Oil and the Kenyan government have agreed to resume work at Tullow's oilfields where work to truck crude oil had stopped for more than a month after protests by the community, a senior petroleum ministry official said.
* Tullow expects oil trucking scheme to resume in "near future" (Recasts, adds details on protests)
* Uganda FID still planned for end 2018, Kenya end 2019 (Adds detail, analyst comment, Kenya update)
LONDON, July 25 Africa-focused Tullow Oil will use its first-half free cash flow of $401 million to pay down debt and invest rather than pay a dividend, it said on Wednesday, after having raised the possibility of a return to payouts.
* Arbitration panel rules Kosmos does not have to pay (Adds details)
LONDON, July 18 Britain's Tullow Oil has to cough up around $65 million for Kosmos Energy's share and legal fees over a cancelled rig contract in Ghana, the companies said on Wednesday.