UK’s Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m, Eu...
Tullow Oil has said it is not planning to farm down its Kenyan assets after it sold part of its Ugandan assets to Total in January, Oil News Kenya reported. With a substantially reduced stake and an exit from an activ...
Tullow Oil and Total E&P Uganda have entered a sale and purchase agreement that has Tullow farming down a substantial slice of its assets in Uganda, Petroleum Africa reported. Tullow has agreed to transfer 21.57% ...