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Tullow drags Ghana gov’t to int’l arbitration in London over $387m disputed tax

Tullow Oil plc (Tullow) has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA). The assessments relate to the disallowance of loan interest deductions for the …

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Tullow to increase Jubilee, TEN stakes in 2022

Tullow Oil plc CEO Rahul Dhir has said 2021 was a year of positive change and transformation for the oil company, and “we ended the year on a firm financial and operational footing”. Mr Dhir said the delivery of Tullow’s “long-term business plan is progressing well with significant improvements in …

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Tullow kicks off multi-year drilling campaign off Ghana

Oil and gas company Tullow Oil has started a multi-year, multi-well drilling campaign offshore Ghana following the beginning of drilling of the first well at the Jubilee field on Monday. The Maersk Venturer drillship, which has been contracted for four years, is expected to drill four wells in total in …

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