Tullow Oil has announced the sale of interests in its Ugandan operations to France's Total and Chinese group CNOOC for $2.9bn (€2.05bn).
The company said it yesterday signed Sale and Purchase Agreements (SPAs) with CNOOC and Total for the sale of a one-third interest to each party of the interests Tullow holds in Exploration Areas 1, 2 and 3A in Uganda.
CONNECT WITH US TODAY
Be the first to know the latest news and updates
Newsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Push Notifications
By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.
Sign UpNewsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Newsletter
Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.
Thursday, November 13, 2025 - 4:00 PM
Thursday, November 13, 2025 - 5:00 PM
Thursday, November 13, 2025 - 5:00 PM
