The Maersk Venturer drillship has been working for Tullow offshore Ghana since February 2018 Offshore drilling contractor Maersk Drilling has received a conditional letter of award (CLOA) from Tullow Oil for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana. […]
Tag: tullow oil
Tullow tips Maersk Drilling for Ghana return
Maersk Valiant and Maersk Venturer Tullow Oil has chosen Maersk Drilling to provide an ultra-deepwater drillship for work on the TEN and Jubilee fields, offshore Ghana. Maersk Drilling said it had received a conditional letter of award from Tullow Ghana for the Maersk Venturer. Ghana’s Rigworld will support Maersk Drilling. Should the contract be finalised, […]
Oil final investment decision expected by end of March -Minister
Kingfisher-Oil-Field-Development Kampala, Uganda | THE INDEPENDENT | The Minister of Energy and Mineral development Mary Goretti Kitutu has disclosed that the Final Investment Decision (FID) for oil production will be taken before the end of March 2021. Kitutu made the disclosure during an interface with the Parliamentary committee on Natural Resources on Wednesday that needed […]
New Eco Atlantic JV Opens Up High Yield Solar Senewable
Eco Atlantic (LSE:ECO | TSXV:EOG) Eco Atlantic has formed a new renewables company to develop an exclusive pipeline of low-cost, high-yield solar energy projects. It represents a major structural investment into renewables by the Africa-focused oil and gas explorer. Bosses said the move added a “ highly relevant and attractive asset” to its wider portfolio. […]
Process to Sell Class 1 Senior Notes Listed on the CSX
TORONTO, Jan. 22, 2021 /CNW/ – Swala Oil & Gas (Tanzania) plc ("Swala" or "the Company") has been advised that the current holders of the 25,000,000 Class 1 Senior Notes ("the Notes") issued by Swala’s subsidiary, Swala (PAEM) Limited, have engaged in a process to sell the Notes with a number of parties, amongst them […]
United Oil & Gas appoints former Tullow Oil CFO Tom Hickey as an independent non-executive director
Hickey is currently CEO of Boru Energy Limited, the West African focussed private oil and gas company, which is supported by The Carlyle Group United Oil & Gas PLC ( LON:UOG ), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced the appointment of Tom Hickey […]
Petronas scores Suriname find
Pic: Maersk Drilling Petronas has made a first discovery offshore Suriname, in Block 52, at the Sloanea-1 exploration well. The Malaysian company has a 50% stake, and is operator, of Block 52 via Petronas Suriname E&P BV (PSEPBV). ExxonMobil holds the remaining 50%. Petronas did not reveal much about the discovery. Sloanea-1 found “several hydrocarbon-bearing […]
BRIEF-Tullow Oil CFO: expects to reach 1-2x gearing ratio by 2025
Nov 25 (Reuters) – * TULLOW OIL CEO SAYS WE HAVE REDUCED STAFFING BY ABOUT 60% * TULLOW OIL SAYS TARGETS $11/BBL OPEX THROUGH 2030 * TULLOW OIL CEO SAYS WILL GIVE 2021 PRODUCTION GUIDANCE IN JANUARY * TULLOW OIL GHANA MD SAYS TARGETS TO INCREASE GAS OFFTAKE BEYOND 130 MMSCF/D FROM 2021 * TULLOW […]
Tullow wins more time in Kenya
Tullow’s EOPS in Kenya Tullow Oil and partners in Kenya have won more time to work out how to produce the South Lokichar oil. The Kenyan government has approved extensions to the exploration licences on Blocks 10BB and 13T to the end of 2021. The Kenyan Ministry of Mines and Petroleum has also approved the […]
BRIEF-Tullow Oil CFO: expects to reach 1-2x gearing ratio by 2025
Nov 25 (Reuters) – * TULLOW OIL CEO SAYS WE HAVE REDUCED STAFFING BY ABOUT 60% * TULLOW OIL SAYS TARGETS $11/BBL OPEX THROUGH 2030 * TULLOW OIL CEO SAYS WILL GIVE 2021 PRODUCTION GUIDANCE IN JANUARY * TULLOW OIL GHANA MD SAYS TARGETS TO INCREASE GAS OFFTAKE BEYOND 130 MMSCF/D FROM 2021 * TULLOW […]