Company Overview and News

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The $20 Billion Question for Guyana - The New York Times

2018-07-21 nytimes
This largely underdeveloped country on South America’s northern Atlantic coast is the unlikely setting for the world’s next big oil boom. But is it ready to handle the riches?
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2
UPDATE 1-UK Stocks-Factors to watch on July 19

2018-07-19 reuters
July 19 (Reuters) - Britain’s FTSE 100 futures were down 0.11 pct on Thursday ahead of the cash market open.
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0
Tullow Oil To Shoulder Kosmos' $65MM Burden Over Ghana Rig Dispute

2018-07-18 rigzone
LONDON, July 18 (Reuters) - Britain's Tullow Oil has to cover nearly $65 million of costs linked to a cancelled rig contract in Ghana after losing a dispute with partner Kosmos Energy, the companies said on Wednesday.
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0
Tullow Oil struck by double blow in Africa

2018-07-18 telegraph.co.uk
Tullow Oil faces a double blow to its interests in Ghana and Kenya where legal woes and public protest continue to dog its oil projects.
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0
Tullow's Kenya oil operations threatened as impasse endures

2018-07-17 worldoil
NAIROBI and JOHANNESBURG (Bloomberg) -- Tullow Oil Plc may shut down operations in northern Kenya in two weeks unless persistent issues with local residents, which threaten progress of the project, are resolved.
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51
Seadrill Partners: Needs More Contracts

2018-07-16 seekingalpha
Seadrill Partners (NYSE:SDLP), amongst other offshore drillers, has seen their stock price being lifted, mostly as a result of the increase in the price of crude oil. We often see that investors want to make sure they enter a position early to try to maximize their profit, but this article will try to explain why it is too early to buy SDLP.
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1
Market report: World Cup relief rally for bookies

2018-07-12 telegraph.co.uk
Bookies were among the few in London cheering England’s World Cup semi-final defeat after escaping a potential £100m hit if Gareth Southgate’s team managed to bring football home.
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World Cup Success, GDP Growth Boost U.K. Economy: 5 Picks

2018-07-11 zacks
The FIFA World Cup in Russia witnessed many surprises this time, including the defending champion Germany’s early exit. While some other favorites followed suit, team England gave a stunning performance, its best since the 1990 World Cup. A great world cup season helped boost U.K. stocks considerably. Additionally, Bank of England said that this World Cup will actually help Britain overcome the Brexit-related tensions.
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0
[Press] AlMansoori Delivers Facilities for Kenya's First Oil Wells

2018-07-10 oilvoice
AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya's first oil production and export programme by providing facilities for the landmark project.
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0
Market report: Dividend hopes spark Tullow interest

2018-07-05 telegraph.co.uk
Hopes of a gush of bumper shareholder returns at mid-cap oil producers Tullow Oil and EnQuest boosted their shares towards the top of London’s leaderboard before a sudden crude price dip dampened their gains.
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3
FOCUS-Ghost ships no more: Explorers resume oil, gas search as prices perk up

2018-07-04 reuters
SINGAPORE (Reuters) - A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.
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0
Market report: Merkel move reassures jittery investors

2018-07-03 telegraph.co.uk
Markets rebounded from their latest trade war wobble after Angela Merkel struck a deal to bring her German government back from the brink of collapse and China promised not to weaponise its currency in its spat with the US.
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0
Tullow Told To Pay Seadrill $254MM Over Ghana Dispute

2018-07-03 rigzone
LONDON, July 3 (Reuters) - A London judge ordered Tullow Oil to pay rig owner Seadrill around $254 million saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute, Tullow said on Tuesday.
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0
Court orders Tullow Ghana to pay $254 million in fees

2018-07-03 worldoil
LONDON -- Tullow Oil plc announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited by Seadrill Ghana Operations Limited has been received. The Hon. Mr Justice Teare has ruled that Tullow was not entitled to terminate its West Leo rig contract with Seadrill on December4, 2016 by invoking the contract’s force majeure provisions and as such requires Tullow to pay Seadrill a contractual termination fee and other standby fees that accrued in the 60 days prior to termination of the contract.
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0
Tullow Told To Pay Seadrill $254 Mln Over Ghana Dispute

2018-07-03 rigzone
LONDON, July 3 (Reuters) - A London judge ordered Tullow Oil to pay rig owner Seadrill around $254 million saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute, Tullow said on Tuesday.
APC TLW AEUA KOS

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