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Nov 3 results
20:32
20:32

Government,Total, respond as Tullow's $900M Farm-Down Deal Flops tullow uganda pty 1 Top story

“We are therefore confident that as Tullow moves to re-initiate a new sales process, the JVPs will remain committed to fulfilling tax obligations” said Kasande in a statement. Total’s exploration & production President, Arnaud Breuillac in a statement said despite the termination of this agreement, Total together with its partners CNOOC and Tullow will continue to focus all its efforts on progressing the development of the Lake Albert oil resources. Tullow's Paul McDade’s statement said the Joint Venture Partners had been targeting a Final Investment Decision for the Uganda development by the end of 2019, but the termination of this transaction is likely to lead to further delay.
14:36
14:36

Oil and Gas Sector in Another Slowdown, Jobs at Stake tax dispute 3 1 Top story

Players in the industry say most of their labour force and equipment are redundant as the farm-down tax dispute between U.K. firm Tullow Oil and government rages on.
15:38
15:38

Tullow-Total Farm-Down Pushed To December ministery of energy 1

Tullow Plc the parent company to Tullow Operations Uganda says the conclusion of the farm-down will contribute 200m to its expected 700 million cash flow by end of the year.
Nov 3 results