Tullow directors take €6.2m package

PAYMENTS to directors of Tullow Oil increased by nearly 32% to £5 million (€6.2m) last year.

Long-serving chief executive Aidan Heavey had a 17% pay hike in his remuneration package to £1.28m (€1.6m).

Mr Heavey, who has led Tullow from an exploration minnow to a member of the FTSE100, was paid a basic salary of £610,000 and cash and share bonuses totalling £549,000. Pension contributions and other benefits made up the rest of his pay package.