Just a months after formation in 1985, Tullow Oil plc registered significance recognition following the signing of a license agreement in Senegal in 1986. This success is what the current oil giant, has capitalized on to establish itself in the murky oil market. According to the company’s founder and Chief Executive Aiden Heavey, the concept
Tullow Oil affirms faith in Uganda and regional Oil sector
Tullow Oil plc has affirmed its business hopes and strength in the East African oil and gas industry in a latest statement that summarize recent operational activities and trading guidance of the new financial year 2015. The UK based Multinational noted that the legal and institutional investments in the region present a level playing field which
Tullow Oil agrees to settle $250 Million tax dispute to Uganda
Tullow Oil plc has agreed to settle the outstanding Capital Gains Tax (CGT) bill to the government of Uganda and it’s Tax regulatory body Uganda Revenue Authority (URA) after a long standing tax rift. According to an official statement from Tullow Oil, one of the leading players in Uganda’s Oil and gas sector, the company