TULLOW Oil has reiterated that its first-half revenues this year will be down by nearly £100 million (€115.6m) at around £290m (€335m), due to falling sales volumes and a fall in commodity prices.

Tullow Oil has today issued an upbeat operational update in respect of its activities in Uganda and Ghana.

IRISH oil and gas exploration company Tullow Oil has said operational performance in the year to date has been strong, continuing last year’s trend.

TULLOW Oil has indicated that there is still further potential for fresh oil discoveries at its oil well at its Deepwater Tano licence off the coast of Ghana.

TULLOW OIL, the explorer with the most licences in Africa, and Interoil Exploration & Production found oil and natural gas at Ghana’s Tano Block, boosting prospects for oil recovery at the nearby Tweneboa field.