Tullow stake deal collapses

Tullow stake deal collapses

Tullow stake deal collapses

The collapse of a farmdown deal between Tullow and joint venture partners Total E&P and China National Offshore Oil Company (CNOOC) over a tax dispute occurred when Tullow announced it terminated the farmdown on August 29, 2019 after the Sale and Purchase Agreement (SPA) expired.

For more information, please see https://www.theeastafrican.co.ke/business/Back-to-square-one-as-tullow-stake-deal-collapses/2560-5255512-62dfaw/index.html

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.