Tullow takes ‘Major Step’ to reviving fortunes with Uganda deal

Tullow takes ‘Major Step’ to reviving fortunes with Uganda deal

Tullow takes ‘Major Step’ to reviving fortunes with Uganda deal

Tullow Oil Plc has concluded a year-long process to sell its Uganda assets to Total SA, the first step in an asset-sale program that’s crucial to reducing its debt. The shares jumped the most on record.

For more information, please see https://www.bloomberg.com/news/articles/2020-04-23/tullow-sells-stake-in-uganda-project-to-total-for-575-million

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