Uganda: PFC Energy, a US oil and gas industry consultant, backed a planned partnership between Tullow Oil Plc, Total SA and China National Offshore Oil Corp to develop Uganda’s oil fields, the East African nation’s presidency said.

Tullow Oil plc has announced that it has agreed a new deepwater exploration licence with Suriname's state oil company Staatsolie for an area off the coast of the South American country

Total has acquired a 25% interest in the Guyane Maritime Permit from Hardman Petroleum France SAS, an affiliate of Tullow Oil plc.

Hardman Resources, the operator of the Waraga-1 well test in Uganda, in which Tullow Oil Plc is a 50% partner, today announced the completion of testing of the middle of the three zones to be flowed at the location and have now commenced testing of the upper zone.

SHARES in Dublin-based energy explorer Providence Resources jumped as much as 15% on Tuesday after the company said a new well at a British oilfield in which it has a 20% stake had come on stream.

Tullow Oil have announced record results for the first six months of this year.

An oil discovery at the Lianzi-1 exploration well, in which ISEQ-listed Tullow Oil plc has a 2% stake, has been announced by the operator ChevronTexaco, and further evaluation is ongoing.

Oil prices are on the rise again after disruptions to refined products output in Germany and South Korea ahead of winter.

Tullow Oil plc has recorded record turnover of £132.4m (€196.8m) for the year ended December 31, 2003.

Production has begun in the Boulton H Well gas field in the southern North Sea, according to Tullow Oil plc.

The ISEQ index of Irish shares was 5046.91 up 3.11 points today.

Independent oil and gas exploration, development and production firm Tullow Oil plc has said it has decided to plug and abandon the Rasulpur-1 well in Bangladesh.

Tullow Oil plc, the international oil and gas exploration, development and production company, announced its first production from the Watt gas field, situated in the British Southern North Sea.