Tullow announces moves to limit capital exposure in Guyana

  • Published on: Sep 23, 2021 - 9:14 AM
  • Source:
  • Share:
  • Whatsapp
  • Facebook
  • Twitter

Tullow announces moves to limit capital exposure in Guyana With oil industry still caught in the COVID-19 pandemic’s chokehold and a string of failed commercial discoveries, British oil explorer Tullow is now looking to limit its capital exposure in its Guyana concessions. This was noted in the company’s latest financial statements. In those documents, Tullow said it is focusing its exploration expertise on unlocking additional value from its asset base. In Ghana and Côte d’Ivoire, Tullow said its team is maturing prospects around the Deepwater Tano and its FPSO as well as in the adjacent block, CI-524. In the emerging basins of Guyana and Arge …
Read More