Tullow Oil appoints Rahul Dhir as its new chief executive
Executive chair Dorothy Thompson will return to her position as non-executive chair after handover
Executive chair Dorothy Thompson will return to her position as non-executive chair after handover
Future revenues expected to be lower than forecast as explorer cuts third of global staff
Group needs to tackle its debts and cut costs amid disappointment off Guyana
Exploration company’s shares tumbled 20% in early trade in London
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Samuel Dossou-Aworet co-founded Energy Africa, which Tullow Oil bought in 2004
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Irish-founded oil exploration group tells analysts it’s open to offers ‘at proper value’
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Former Tullow boss’s latest venture aims to exploit divestment drive by big energy
Irish explorer cites lack of agreement with Ugandan government over tax terms
London-listed explorer says Guyana well has richer-than-expected oil bearing deposits
Explorer has revised its oil production forecast down to 89,000-93,000 barrels per day
Performance for first half of year in line with analyst expectations
Remuneration for top three executives boosted by higher incentive plan payouts
Accord allows Irish-founded firm to sell part of its share in a major Ugandan oilfield
Shares rise as much as 5.5% in London after analyst rates shares as ‘outperform’
Group to pay an annual dividend of at least $100m from 2019 for a yield of around 3%
Full-year oil production guidance narrows to between 87,000 and 91,000 barrels of oil per day
Irish-based group to drill in Guyana, near where Exxon Mobil found 4bn barrels of crude
Oil man who founded business as small gas producer in Senegal leaves firm in good shape
Reinvestment requirements weigh against possibility of dividend payment resumption
Company ordered to pay Seadrill a contractual termination fee and other standby fees
Africa-focused explorer accelerating test drilling in Jubilee field off Ghana
Linchpin Aidan Heavey the driving force behind Tullow for more than three decades
Oil and gas explorer’s net debt fell by over $1.3bn last year to $3.5bn
Explorer expecting to produce first oil from Kenyan field in 2021 or 2022
Irish oil and gas explorer exceeds forecasts through cost efficiencies and rising oil prices
Biggest changeover in recent years at helm of Irish-based publicly-listed companies
Board does not recommend interim dividend as investors ‘better served’ by reinvestment
Financial discipline and efficient capital allocation a ‘key focus’, says chief executive
Shareholder groups increasingly active in opposing higher pay at Irish PLCs
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