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Tullow Oil targets reduction of debt below $1.0bn in 2025

As part of its plans to reduce its debt below $1.0 billion, Tullow Oil Plc will inject as much as it can from mature assets in West Africa in 2025.
The oil giant has been chipping away at borrowings accumulated during its days as a free-spending wildcatter.
Former Chief Executive Officer Rahul Dhir, who left earlier this year, retooled the producer to focus on established assets in Ghana rather than extensive exploration in an effort to shore up finances.