Oil India in talks with Tullow Oil to buy stake in its Kenya block
NEW DELHI, May 25 (Reuters) - Oil India Ltd is in talks with Tullow Oil to buy a stake in its Kenya block, the company's chairman said on Thursday.
Read moreFri, 24th Apr 2020 13:45
NEW DELHI, May 25 (Reuters) - Oil India Ltd is in talks with Tullow Oil to buy a stake in its Kenya block, the company's chairman said on Thursday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read moreTullow Oil PLC - Africa and South America-focused oil and gas exploration company - Says net production in the first quarter of 2023 is 53,700 barrels of oil per day. Backs annual production guidance of 58,000 - 64,000 bopd. Adds that drilling and completion performance enable the firm to accelerate the 2022 drill schedule. Chief Executive Officer Rahul Dhir says: "The cornerstone of strong performance is always safety, and I am proud that we recorded a second successive year of industry top quartile safety performance with no recordable incidents and no Tier 1 or 2 process safety events during the year."
Read more(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year.
Read more(Alliance News) - Tullow Oil PLC on Tuesday said that two minority partners of its licences in Kenya intend to withdraw from their interests in the South Lokichar Basin.
Read more(Sharecast News) - Total Energies and Africa Oil have pulled out of a Kenyan project, leaving operator Tullow Oil as the sole owner, the latter said on Tuesday.
Read more(Alliance News) - Stocks in London were called to open lower on Tuesday, as US politicians continue to argue over the nation's debt ceiling and ahead of a slew of PMI releases.
Read moreThursday 18 May | |
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Friday 19 May | |
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Wednesday 24 May | |
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ECSC Group PLC | Court and General Meetings re Daisy Corporate Services Trading Ltd takeover |
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Playtech PLC | AGM |
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Thursday 18 May | |
Brighton Pier Group PLC | Full Year Results |
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Friday 19 May | |
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Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Signs an asset swap deal with Perenco Oil and Gas Gabon SA. Says the deal will optimise Tullow's equity ownership across key fields in Gabon. This is achieved through a "cashless asset swap involving the proposed exchange of participating interests held by both parties in certain licences in Gabon", Tullow says. Expects the transaction to complete by the end of 2023. Under the transaction, Tullow Oil says Perenco will have interest in its Limande, Turnix, Moba and Oba assets. Adds that Tullow's 2023 group production guidance of 58,000 to 64,000 barrels of oil remains unchanged.
Read more(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.
Read more(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:
Read moreMarch domestic pay growth slows - survey
*Read more(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.
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