CNBC Africa·2 min read·medium
Tullow Oil raises annual cash flow view on strong Ghana output, higher oil prices
R
Reuters
✦AI Summary
Tullow Oil has raised its annual free cash flow forecast and production outlook due to strong performance at its Ghana fields and higher oil prices. The company is currently restructuring its business by selling non-core assets and refinancing debt.
Aug 5 (Reuters) – West Africa-focused Tullow Oil forecast annual production at the higher end of its forecast range on Wednesday and raised its free cash flow projection, encouraged by strong performance at its Ghana fields and better-than-expected oil price realisations.
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in