Tullow Oil plc Overview
Pro stress-test →Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. The company's operations are centred on West Africa producing assets in Ghana and Côte d'Ivoire, with a material discovered resource base in Kenya. In 2024, Tullow generated record production of 94,700 boepd, beating original guidance and boosted by strong performance at TEN and Jubilee.
Strategic Profile
Pro stress-test →Tullow's focus is on producing low cost oil and gas in a safe, efficient and environmentally and socially responsible way. In 2024 Tullow had a number of successes, including the successful extension of the $250 million RCF and the addition of five new Jubilee wells onstream, bringing the drill programme to an end approximately six months ahead of schedule and below initial budget. Tullow has 12 licenses across five countries in Africa and South America.
Competitive Landscape
Pro stress-test →Tullow is an independent upstream oil and gas company that explores, develops, and produces oil and natural gas in Africa and South America. Tullow competes with major integrated oil companies and mid-cap independents operating in Africa, including Total, Shell, and Kosmos Energy, differentiating through focused West African operations and established Jubilee/TEN production base.
Industry Context
Tullow Oil plc operates in Oil & Gas Upstream Exploration & Production.
Key facts
Founded: 1985 · Headquarters: London, UK · Employees: 402 · Revenue: $1.5B · Market cap: $0.21B