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Successful outcome of Ghana Tax Arbitration

Tullow notes that the International Chamber of Commerce (ICC) today delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the Deepwater Tano and West Cape Three Points Petroleum Agreements, offshore Ghana, which include the Jubilee and TEN fields. The Tribunal determined that BPRT is not

Noble Secures Work in Ghana and Gulf of Mexico for Its Drillship Pair

Offshore drilling contractor Northern Ocean has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities. The strategic alliance includes a mutual exclusivity to explore a long-term field development program in Ghana.

Kosmos Energy Eyes Tullow Oil Acquisition

U.S. oil and gas company Kosmos Energy said on Thursday it was in early talks for an all-share acquisition of West Africa-focused Tullow Oil. Earlier in the day, Tullow addressed recent media speculation by announcing that there is no certainty of any offers being made or of the terms of any potential offers. Kosmos Energy

NOL: Strategic alliance agreement and contract award

Northern Ocean Ltd. (“NOL” or the “Company”) is pleased to announce that it has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group of Companies (“Springfield”) for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities. The strategic alliance includes a

Shearwater set to make debut in Ghana after Tullow award

Tullow Oil has awarded Shearwater Geoservices a critical contract to better understand how its deep water Jubilee oilfield offshore Ghana is performing. Jubilee is Tullow’s core asset, with the operator bringing online its $1 billion Jubilee Southeast project a year ago as a subsea tieback to the Kwame Nkrumah floating production, storage and offloading vessel.

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