TechnipFMC (NYSE, PARIS: FTI) has announced that it has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract for the Jubilee South East development. TechnipFMC (NYSE, PARIS: FTI) has announced that it has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract for the Jubilee South East development, which is […]
Tag: XGHA_TLW
EXECUTIVE CHANGES: Sterling Energy recruits former Tullow Oil top team
(Alliance News) – The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: ———- Sterling Energy PLC – oil and gas company with exploration asset in Somaliland – Hires Paul McDade as chief executive officer and Ian Cloke as chief operating officer, starting […]
Ex-Tullow Leaders Join Sterling
Sterling Energy has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect. Sterling Energy plc has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect. McDade has joined as the company’s chief executive […]
Tullow Agrees $1.7B Reserve-based Loan with Banks
Tullow’s FPSO in Ghana/Image by: P.G.McCardle/MarineTraffic.com Tullow Oil Plc said on Friday it has agreed to a new reserve-based loan of about $1.7 billion with its banks, taking its liquidity to roughly $900 million, including free cash and available debt. The oil and gas company, which has been in talks with creditors, including bondholders to […]
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 […]
Tullow Completes $500MM+ Total Deal
Tullow Oil plc (LON: TLW) announced Tuesday that the sale of its assets in Uganda to Total (NYSE: TOT) has now completed. Tullow Oil plc (LON: TLW) announced Tuesday that the sale of its assets in Uganda to Total (NYSE: TOT) has now completed. The company said a $500 million consideration was received on Tuesday […]
Tullow Oil sells Ugandan assets to Total at $500m
Tullow in a statement posted on its website said it is due to receive a further $75m . Total has acquired Tullow Oil’s stake. Courtesy photo British oil company Tullow Oil has completed the sale of its assets in Uganda to Total at $500m. Tullow in a statement posted on its website said it is […]
Total now biggest shareholder in Uganda’s oil Project
Govt’s green light to Total raises its stake to 66.66% Kampala, Uganda | RONALD MUSOKE | French oil firm, Total, will become the biggest shareholder in Uganda’s oil project following the government’s approval of the sale of Tullow’s 33.33% stake of its Ugandan assets at US$ 575 million (Approx. Shs 2 trillion). This new development […]
Ghana Energy Awards confers on Kweku Awotwi Lifetime Achievement Award
The 4th edition of the annual Ghana Energy Awards (GEA) has, in recognition of his invaluable service to the country, conferred upon the current Board Chairman of the Volta River Authority, Kweku Andoh Awotwi, the honour of the prestigious Lifetime Achievement Award. Having served in several highly demanding capacities in the power and petroleum sectors […]
Ghana’s Jubilee oil field reaches 300-million-barrel mark – Tullow
Ghana Limited (TGL), operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields, has announced a significant milestone of 300 million barrels of oil production from the Jubilee field. A statement issued by Tullow Ghana Limited said its partners; GNPC, Kosmos, Anadarko and Petro SA, were proud to be part of Ghana’s remarkable Jubilee […]