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Tullow Oil in Red but Committed to Africa Strateg

* 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…

Tullow Oil Abandons Dry Offshore Norway Well

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…

Uganda Repossesses Oilfield From Tullow

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…

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BMT Delivers Metocean Support for Tullow Oil

BMT ARGOSS (BMT), a subsidiary of BMT Group, has announced the award of a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America,…

Hermes Datacomms Wins Two-year African Support Contract

Hermes Datacommunications International Ltd., a company providing Wide Area Network communications to the upstream oil and gas industry, won a contract to support Tullow Oil plc. for their operations in Africa. The 24-month deal sees the company…

Kosmos Energy Update on Drilling Cedrela-1 Exploration Well

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…

Total to Begin Offshore Exploration in Bay of Bengal

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…

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