Tullow oil has suspended the trucking of Turkana crude oil citing severe damages by adverse weather conditions that were experienced in the last quarter of 2019.
In a Trading Statement & Operational Update released Wednesday, the company said the trucking procedures are currently halted and will resume construction once the roads are considered safe.
"The early oil pilot scheme (EOPS) remains on hold until all roads are repaired ... Work at the sites continues, with
According to the company's financial update, Tullow says it expects to report pre-tax impairments and exploration write-offs of c.
Commenting on the company's 2019 performance,
The 2019 Full Year Results will be released on
"Since our December announcement, Tullow's senior team has been working hard on a major review focused on delivering a more efficient and effective organisation. The fundamentals of our business remain intact: recent reserves audits demonstrate that we have a solid underlying reserves and resources base in West and
She says the fundamentals of the Tullow business remain intact: recent reserves audits demonstrate solid underlying reserves and resources base in West and
The transfer of stored crude oil from Turkana to Mombasa by road commenced on
This is after
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