Boardroom Briefing

Tullow Oil on the hunt

✽Tullow Oil has said that it is seeking acquisitions in Africa.

“We can go out and look for opportunities,” chief executive Aidan Heavey said. “M&A has always been part of what we do.”

In a trading statement released ahead of its annual meeting last week, the exploration group said it was identifying exploration prospects to target as part of future drilling campaigns.

Heavey said that the company had ...