Tullow Oil agrees €1bn acquisition

Tullow Oil has agreed to exercise its right to buy out a 50% stake in exploration blocks in Uganda valued at around €1bn.

Tullow Oil agrees €1bn acquisition

Tullow Oil has agreed to exercise its right to buy out a 50% stake in exploration blocks in Uganda valued at around €1bn.

The Dublin-based Oil company is in the process of securing a partner to co-fund the major deal.

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