Floating and Production Storage Systems: Operational:
274
On Order:
42
Planned:
152
Available:
12
It started in a small town called Tullow, about 35 miles south of Dublin, Ireland.
In the 80s there were loads of companies starting off in the North Sea and Irish Celtic Sea.
I was talking to a friend of mine in the bank one day and he was talking about small oil fields in Africa, which had been left behind by the majors and had no-one to work them.
That is where the idea came from.
I contacted another friend of mine in the World Bank who told me about a project in Senegal.
They had some small gas fields that they were trying to get people to develop, so I setup Tullow Oil to rework those old fields.
I knew nothing about the oil and gas industry at the time, which made it more challenging.
No one thought Tullow would succeed because of my lack of knowledge of the industry, no major backers and I was starting a company in a country with no oil industry
* Oil and gas explorer reports $95 million loss * Write-offs of $402 million on dry holes in Africa , Norway * Revenues, production fall Tullow Oil Plc drifted into the red after writing off more than $400 million in exploration costs but the…
Uganda said it repossessed an oilfield that belonged to Tullow Oil Plc after the period allotted to appraise the site expired. The London -listed exploration company said the field was uneconomical. Uganda expects to start pumping…
According to a recent Reuters report, European energy major Total SA (TOTF.PA) will begin exploring for hydrocarbons in the Bay of Bengal in November, a senior energy official recently stated. In March this year, Total acquired the major stakes…
Kosmos Energy KOS 0.00% today provided an update on the company's drilling of the Cedrela-1 exploration well offshore the Republic of Ghana. The "Transocean Marianas" semi-submersible drilling rig, under contract to another operator in Ghana…
Oil and gas producer Tullow Oil Plc said it had plugged and abandoned a well in the Norwegian North Sea after it failed to find any hydrocarbons. The company said it did not encounter hydrocarbons in the Lupus exploration well, located 35 kilometres…
