News Oil & Gas

Tullow Oil CEO-CFO exercise total 10.5m share options

Two Tullow Oil plc directors have exercised a combined 10.5 million granted nil price options over ordinary shares of 10p each in the company. On 11 March, chief executive officer Rahul Dhir acquired 5,549,057 shares in relation to the company’s executive share plan for the performance period 2024-2026. He also acquired 1,144,385 shares from options […]

News Oil & Gas

Tullow records $110m loss and significant achievements

Tullow Oil plc swung to a loss driven by impairments and write-offs totalling $435 million from its operations. VALUE Full year results ending 31 December 2023 showed loss from continuing activities of $110m compared with a $49m profit in 2022. The group wrote off exploration costs of $27m (2022: $105 million) mainly in Kenya following withdrawal of the JV partners. A re-assessment […]

News Oil & Gas

Tullow Oil NED buys 200,000 shares

Tullow Oil plc non-executive director Roald Goethe bought a total 200,000 ordinary shares of 10 pence each in the company, for an average price of 38 pence per ordinary share. The first purchase of a total 100,000 shares for £38,635 took place on 27 December, followed by a further 100,000 shares for £38,510 on 28 […]