Tullow Oil plc non-executive director Garrett Soden has bought 426,000 ordinary shares of 10 pence each, at a price of £0.152 per ordinary share. The £64,752 purchase took place on 12 June 2026. The company holds decommissioning interests in the UK North Sea, and oil and gas operating assets in Ghana and non-operated production in […]
Tag: Jubilee field – offshore Ghana
Tullow appoints four NEDs
Tullow Oil plc has appointed four independent non-executive directors, following its refinancing transaction and subject to shareholder approval. DIRECTORS On 20 February, the company entered into a binding lock-up agreement with holders of approximately 66% of its $1,285,245,000 10.25% senior secured notes due in May 2026, and with Glencore Energy UK Ltd. The deal releases Tullow’s senior secured notes […]
Tullow agrees $205m FPSO for Ghana fields
Tullow Oil plc has signed a gross $205 (£152m) million sale and purchase agreement for the floating production, storage and offloading vessel (FPSO), Prof. John Evans Atta Mills. COSTS Payment of transaction, signed on behalf of the company’s joint venture partners, will be paid on completion at the end of the first quarter of 2027. Net […]
Tullow chairman steps down in board overhaul
Tullow Oil plc chairman and non-executive director Phuthuma Nhlekohas has stepped down with immediate effect, to focus on “other business interests”. His departure is one of a series which includes independent NEDs Genevieve Sangudi, Martin Greenslade and Mitchell Ingram who also leave immediately. The company has appointed Roald Goethe as the new independent non-executive chairman […]
Tullow appoints Ian Perks as CEO
Tullow Oil plc has appointed Ian Perks as chief executive office and to the board, effective from 15 September. Chief financial and interim CEO, Richard Miller, who replaced Rahul Dhir, will return to his role of CFO. Mr Perks has more than 30 years’ experience in upstream oil and gas, having worked in Africa and […]
Tullow independent NED steps down
Tullow Oil plc independent non-executive director Sheila Khama will step down from the board from 1 August 2025. Ms Khama will leave to focus on her other professional commitments and roles outside of Tullow. “On behalf of the board, I would like to thank Sheila for her contribution and support over the last six years […]