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Motivated by Exxon’s discoveries; Tullow Oil, Eco Atlantic eyeing Orinduik Phase...

Exploration partners Tullow Oil plc and Eco (Atlantic) Oil & Gas Ltd have decided to move the Orinduik project, offshore Guyana, into Phase Two...

Tullow Oil tiptoes back into exploration

(Reuters) - Tullow Oil is cautiously reviving its search for new oil and gas resources in Africa and Latin America, its chief executive said,...

Tullow picks up 6 new licences offshore Peru; eyes drilling in...

Tullow today announced that it has agreed on terms to add six new licences covering 28,000 sq km, offshore Peru, South America, to its...

Tullow plans to bring forward Guyana drilling to 2018

Tullow Oil plc said that preparations are underway for drilling offshore Guyana possibly in late 2018. This is according to an operational update the company...

Tullow could hit debt repayment target early if crude prices hold...

Tullow Oil plc’s (LON:TLW) debt repayment is accelerating thanks to better oil prices and, according to Angus McCoss, the group’s deleveraging target could even...

Tullow secures US$2.5B debt refinancing

Tullow Oil announced on Wednesday that it has completed the refinancing of US$2.5 billion of Reserves Based Lending (RBL) credit facilities. The US$2.5 billion of...

Strong production at Jubilee, TEN pushes Tullow’s forecast up

Tullow Oil plc has upgraded its production forecast for West Africa following strong output at the Jubilee and TEN oil fields. The full year 2017...

Tullow shares dip on Araku disappointment

After being forced to plug and abandon the highly anticipated 1.6-mile deep Araku-1 exploration well in Suriname, Tullow Oil took a 5pc hit to...

Exploratory wells in the Orinduik Block to cost around US$35M

The cost for exploratory wells in the Orinduik Block is expected to amount to approximately US$35M with Eco Atlantic’s participating interest anticipated to be...

Tullow fails to strike oil at Araku prospect in Suriname

The Araku-1 exploration well in Suriname has been drilled to a total depth of 2,685 metres and penetrated the objectives of the Araku prospect....

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