Tullow Oil plc (‘Tullow’ or the ‘Group’) announces that it has settled its Capital Gains Tax (‘CGT’) dispute with the Government of Uganda and the Uganda Revenue Authority (‘URA’) with regard to its farm-downs to CNOOC and Total in 2012. Following constructive discussions with the Government of Uganda and the URA, Tullow has agreed to […]
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Tullow Oil’s shares rose to a five-month high on Monday this week after the Hamburg-based International Tribunal for the Law of the Sea (ITLOS) ruled in Ghana’s favour in a maritime dispute with Ivory Coast. The Tribunal allowed Tullow Oil to proceed with its work in the Tweneboa, Enyenra and Ntomme (TEN) oil fields off […]