Tullow Oil to sell exploration, development licences in Norway
The exploration group plans to focus on its core portfolio in Africa and South America
Tullow Oil is to sell its exploration and development licences in Norway in order to prioritise its investment in its core portfolio in Africa and South America, reports have said.
"This difficult decision has been made in response to the ongoing challenges presented bya low oil price and the need to prioritise our investment in our core portfolio in Africa and South America. We also need to consolidate our cost base," the company ...
