Tag Archives: Tullow Oil to Spend US$80 Million on Drilling Wells Offshore Guyana

Tullow Oil to Spend US$80 Million on Drilling Wells Offshore Guyana

Tullow Oil Rig

GEORGETOWN, Guyana, Friday October 18, 2019 – This year, Tullow Oil plc is expected to expend approximately GUY$17 billion (US$80 million) on drilling wells in Guyana’s offshore basin.

This was disclosed by the oil company’s Head of Communications George Cazenove yesterday, during a Skype interview with members of Guyana’s media corps.

“In 2019, we are going to spend US$80 million on the wells we are drilling this year,” Cazenove said.    Continue reading