"Tullow has undertaken a major restructuring in 2015, which has been difficult for all involved. I commend the loyalty and resilience of our staff during a very tough year."
"2015 has proved to be one of the most challenging years in Tullow’s history but, despite industry pressures, we have delivered exceptional operational progress."
In this annual update of the project’s progress, we highlight key milestones achieved and work remaining as we approach first oil in July - August 2016.
Our Chief Operating Officer, Paul McDade, and Exploration Director, Angus McCoss, discuss Tullow’s progress and challenges in 2015 and the Group’s plans for the year ahead. Read more
Focus on driving down costs and capital expenditure to maintain liquidity. Read more
Tullow manages non-technical, and above-ground, risks with the same rigour and focus with which it manages the technical challenges of exploring for and producing oil and gas.
In 2015, Tullow overhauled its risk, assurance and performance management processes to better support the delivery of our strategic objectives.
We ended 2015 with a new organisational structure that makes us more efficient, providing clearer lines of responsibility and accountability inside the business.
As Africa’s leading independent oil company, Tullow has a role to play in creating shared prosperity and leaving a legacy of sustainable social and economic benefits.
© 2017 Tullow Oil plc