Tullow Oil PLC (TLW.L)
ACCRA Tullow Oil plans to drill new wells and boost output at its TEN field off the coast of Ghana to 80,000 barrels per day (bpd) once a maritime border dispute with Ivory Coast is resolved, the company said on Wednesday.
ACCRA, May 17 Tullow Oil plans to drill new wells and boost output at its TEN field off the coast of Ghana to 80,000 barrels per day (bpd) once a maritime border dispute with Ivory Coast is resolved, the company said on Wednesday.
LONDON, April 25 Investor Royal London Asset Management said on Tuesday it would oppose the election of Tullow Oil founder and Chief Executive Aidan Heavey as chairman at the firm's annual general meeting on Wednesday.
* Deal expected to complete summer 2017 (Recasts, adds detail, background, analyst)
* Shares down 16 pct (Recasts, adds quotes and details, updates share)
LONDON, Feb 7 Eco Atlantic Oil & Gas, a Canadian oil explorer, will list on London's junior AIM market on Wednesday, raising 4.8 million pounds ($6 million) to help finance a drilling campaign offshore Guyana with partner Tullow Oil.
OSLO, Feb 2 The Cara oil discovery off Norway could start production by 2020 and may contain more hydrocarbons than currently estimated, Norwegian oil startup firm Pandion Energy, a partner in the licence, told Reuters on Friday.
LONDON Tullow Oil's long-serving CEO and founder Aidan Heavey is to step down in April and retire within two years, the company said on Wednesday as it announced lower than expected production for this year due to teething issues at a new field.
* Founder Aidan Heavey to become chairman for maximum of 2 years
LONDON, Jan 11 Africa-focused oil producer Tullow Oil said Chief Operating Officer Paul McDade will be its next chief executive, replacing CEO and founder Aidan Heavey who will become chairman.