Tullow has received approval to flare gas when necessary to support its offshore fields Energy Consultant, Yusif Sulemana has described government approval of Tullow Oil Company Limited gas flaring request as technically prudent but environmentally disastrous to the atmosphere. His comment follows the approval from the Ghanaian authorities for Tullow to flare gas when necessary […]

FILE PHOTO: A worker walks at a Tullow Oil exploration drilling site in Lokichar, Turkana County, Kenya, February 8, 2018. /REUTERS. Total and Tullow Oil intends to reduce their stakes in Kenya’s first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project’s launch, banking and industry sources […]

Undermine: Financial problems in Tullow’s global operations continue to undermine a number of commitments across its subsidiaries. FILE PHOTO Tullow Oil’s latest job cuts announced particularly in Kenya and related actions in other subsidiaries such as Uganda continue to dampen the possibility of oil production and exploration. Whereas Tullow last week indicated it would lay […]

UNOC CEO Proscovia Nabbanja (L) exchanges MoU documents with Stanbic Bank Chief Executive, Patrick Mweheire, in Kampala. Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the […]

Speculation mounting over possibility of bid for company Tullow’s troubles saw its shares lose 64 per cent of their value last year. Shares in Tullow Oil have rallied in recent sessions as African oil executive Samuel Dossou-Aworet disclosed that he has increased his stake in the embattled exploration company to almost 10 per cent. The […]

Tankers that transported crude oil from Turkana County at the Mombasa Oil Refinery in Changamwe, June 6, 2018. At least 260 employees of Tullow Oil Kenya will lose their jobs in a reorganisation plan by the British oil firm seen by the Star. The company which has been conducting activities in Turkana since 2012, on […]

NAIROBI (Bloomberg) – Tullow Oil will reduce its headcount in Kenya by about 40% as part of a company-wide restructuring following poor performances at its Africa and Guyana operations. About 35 workers will become redundant, Tullow Kenya Managing Director Martin Mbogo said in an emailed response to questions. The reduced team “will focus” on achieving […]

In a redundancy memo on Wednesday, the UK oil firm said it has had to review business operations to ensure resources are allocated in the most efficient way possible. Tullow’s latest move has deepened doubts on the viability of the country’s oil exploration. The job cuts plan, comes hot on the heels of the firm […]

Tullow Oil’s latest job cuts announced particularly in Kenya and related actions in other subsidiaries such as Uganda continue to dampen the possibility of oil production and exploration. Whereas Tullow last week indicated it would lay off about 35 workers, in Uganda the company has already cut back on its operations and shown willingness to […]

A costly clause may expose the government to expenses incurred by the firms during stoppages and other delays. The production sharing contract between the government and Tullow has never been disclosed, leaving many guessing what level of wealth to expect from the project. Tullow’s latest job cuts announcement in Kenya has deepened doubts on the […]