Tullow Oil Director Increases Stake
The energy company has announced a non-executive director has purchased 2 million ordinary shares.
The energy company has announced a non-executive director has purchased 2 million ordinary shares.
The energy firm reported a significant loss for H1 2025, facing declining production, lower oil prices, and critical refinancing challenges that raise concerns about its future operations.
The energy company announces the resignation of an independent non-executive director to focus on other commitments.
The energy company has completed the sale of its Gabon assets for $307 million, strengthening its balance sheet by reducing net debt.
The energy company has agreed to sell its Kenyan assets to Gulf Energy for a minimum of $120 million, strengthening its balance sheet.
The non-executive director of the energy company has purchased 100,000 ordinary shares.
The energy company has signed a Memorandum of Understanding with the Government of Ghana to extend its production licences in the country until 2040, enabling further investment in the Jubilee and TEN fields.
The energy company is focused on deleveraging through asset sales, but faces a challenging oil price environment and the need to refinance its capital structure.
The energy company has agreed to sell its Gabon assets to the Gabon Oil Company for $300 million, strengthening its balance sheet and positioning it for future growth.
The major shareholder RWC Asset Management has disclosed a 4.91% stake in the oil and gas company.