West Africa-focused Tullow Oil (TLW.L), opens new tab reported a sharp improvement in first-half free cash flow on Monday, driven by strong output from its Ghana fields, stronger-than-expected new-well performance and higher oil prices stemming from the Iran war.Here are details: Tullow’s free cash flow swung to $4 million for the first half ended June […]
Tullow Oil’s 2025-26 drilling campaign at its fields offshore Ghana has concluded. The last of the seven new completed wells – a water injector on the Jubilee field – came onstream earlier this month. All the previous six wells were Jubilee producers. Tullow added that 4D seismic data interpretation had paid off in terms of […]
Tullow Oil confirmed production was on track to hit the upper end of its guidance range on Monday, following a strong first half. The independent exploration and production firm said working interest oil and gas production in the six months to 30 June was 43,700 barrels of oil equivalent per day (boepd), while a surge […]
Tullow Oil expects full-year production at the top end of its guidance after a strong first half in Ghana, although refinancing costs pushed it deeper into the red. The Ghana-focused oil producer pumped an average of 43,700 barrels of oil equivalent a day in the six months to June, up from 40,600 a year earlier. […]
West Africa-focused Tullow Oil (TLW.L), opens new tab forecast annual production at the higher end of its forecast range on Wednesday and raised its free cash flow projection, encouraged by strong performance at its Ghana fields and better-than-expected oil price realisations.The company has been reshaping its business around Ghana by selling assets in Gabon and Kenya and […]
Tullow Oil forecast annual production to come in at the higher end of its outlook range on Tuesday, after a strong start to 2026 at the West Africa-focused independent oil and gas producer due to improved operations and an active drilling programme.
UK-based oil and gas company Tullow Oil has signed a sale and purchase agreement with TEN Ghana to acquire the Prof. John Evans Atta Mills FPSO for a gross consideration of $205 million.
Oil company Tullow Oil has today announced a broad capital revamp and a series of deals to deepen its presence in West Africa, as the heavily indebted firm moves to steady its operations and secure longer-term growth.
Tullow Oil plc is working to recover more than $200 million in outstanding payments from the Government of Ghana, a situation placing significant pressure on the London-listed company’s cash flow as it races to refinance its debt structure ahead of a May 2026 bond maturity. The receivables, which include approximately $100 million in gas payments, TEN development debt, and overdue cash calls, stood at over $200 million net to Tullow as of the end of October, according to the company’s November trading update.
The company is addressing outstanding issues including securing payment mechanisms for gas sales and an updated plan of development for the Jubilee oilfield.