Palliser Capital has advised Capricorn Energy to quit its proposed merger with Tullow Oil, Reuters reported. It described the deal as “one-sided” and short of “meaningful strategic rationale”. ...
As part of Tullow Oil’s world-class Jubilee Development in Ghana, West Africa, Petrofac, a leading provider of services to the global energy industry, will provide operations services. On Tullow Oil’s Kwam...
Capricorn Energy finalized an agreement with Tullow Oil to merge in an all-stock deal worth $826.7 million, in which its Egyptian onshore gas fields will have the second biggest share in production, according to Reute...
Having been selected to provide well decommissioning services by Tullow Oil in Mauritania, Petrofac, a global energy services provider, has successfully expanded its presence in Africa. Potentially worth more than US ...
The Kenyan Energy Ministry announced that the country will only begin early oil exports after legislation to govern the industry is passed by lawmakers chosen in August elections, Bloomberg stated. First oil from Keny...
According to Reuters, South Sudan expects to drill 30 new wells this year and almost double the current oil output to 200,000b/d, the petroleum minister announced. The East African country and world’s newest nat...
Tullow Oil will drill new wells and increase the output at its TEN field off Ghana to 80,000b/d, Petroleum Africa reported. According to Reuters, Tullow’s Managing Director in Ghana, Charles Darku, announced tha...
Tullow Oil has discovered oil in a well in Northern Kenya; the company reported that the Emekuya-1 well in Block 13T, has encountered around 75 meters of net oil pay in two zones, Reuters reported. According to Oil Ne...
Drilling of the first exploration well on Namibia’s PEL 37 has delayed, since Tullow Oil announced that further work is needed to identify a drillable prospect, Petroleum Africa reported. As informed on Energy-pedia, ...
The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, a senior-level government source familiar with the negotiations told the South Sudan News Age...