Kampala, Uganda — Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million firm down to Total and CNOOC Uganda […]
Tag: tullow oil
Tullow interacts with indigenous oil and gas firms to address funding gaps
File-photo: Workers of Tullow Ghana Tullow Oil has interacted with than 200 indigenous companies in the oil and gas sector and some seven banks in the country to deliberate on solving the challenges of financing projects in the industry. According to Tullow, the quest to improve local content participation in the sector has always been […]
We are aware contractor jumped overboard FPSO – Tullow Ghana
Tullow Ghana Limited (TGL), the Operator of the Jubilee field, on Wednesday said it was aware of an incident offshore involving a contractor who jumped overboard the FPSO Kwame Nkrumah at 14:25 hours on Tuesday. A statement from the Company said full Emergency Response procedures were activated, and the contractor was rescued at 14:33 hours. […]
Local participation in petroleum activities; Indigenous businesses execute $10.6bn contracts in 10yrs
Mr Kweku Awotwi (3rd right), Ms Cynthia Lumor (2nd left) of Tullow, Ogyeahoho Yaw Gyebi II (right), the President of the Western Regional House of Chiefs, Mr Sekyere Abankwah (3rd left), the Board Chairman of the Petroleum Commission. Behind Mr Abankwah is Mr Egbert Faibille Jnr. with other members of the Ghana team after the […]
Tullow decries oil project delays
Tullow Oil Plc has invested over $4 billion in exploring for crude oil in north western Kenya and western Uganda leading to discoveries. Tullow with its partners need approvals to make the FID to build oil production facilities with crude export pipeline from South Lokichar to Kenya’s Lamu port and Hoima in western Uganda to […]
Kenya oil export set to miss target again
Crude oil Export of the first crude oil from Kenya could be delayed owing to logistical challenges and late issuance of regulatory approvals for the production and trucking of the commodity by road. Government and Tullow Oil had expected to start exporting crude under the Early Oil Pilot Scheme (EOPS) by June this year but […]
Government to open second round of oil licensing
Energy Minister, Ms Irene Muloni A new round of competitive bidding for oil exploration licenses for the Albertine Graben is slated for early next month. Speaking at a press conference on Wednesday, Energy and Mineral Development Minister, Ms Irene Muloni said seven new exploration blocks will be open for bidding during the second week of […]
Petrofac secures contract from Tullow Oil for Thames decommissioning project
Petrofac announced that Tullow Oil has appointed it as well operator for the next phase of its Thames Decommissioning Project, following the award of a $16m contract. Image: Petrofac will be responsible for the execution of plug and abandonment operations on three of Tullow Oil’s subsea wells in the Southern North Sea. Photo courtesy of […]
Kenya’s oil exploration skewed solely towards revenues
Tanker trucks that used to haul oil products, ferry the crude oil during a pilot scheme to export crude oil, as they arrive at the Kenya Pipeline Company in the port city of Mombasa, Kenya June 7, 2018. REUTERS/Joseph Okanga The cautionary advice comes as both government and its citizenry continue to battle the management […]
Uganda: Key Oil Investment Deal Due This Year
Kampala — Finally, it looks like the decision that will unlock investment in the next phase of oil and gas sector, estimated to be in the range of $20 billion (about Shs74 trillion), will be made sooner than earlier expected. According to the chief legal and corporate affairs officer at the Uganda National Oil Company […]