Tullow Oil Plc - Company Profile
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Tullow Oil Plc (Tullow) is an independent upstream oil and gas company. The company explores for develops and produces oil and natural gas from its assets in Africa and South America. An established reserve base, strong production capabilities and an increase in working capital has strengthened its operations, even as an increase in working capital is a cause of concern. Whereas capital investment in 2023, contracts and agreements and a global increase in demand for oil could provide new growth opportunities for the company. However, fluctuations in oil and gas prices, exploration and development risks and geopolitical risks could affect its operations.
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