Tullow Oil to sell West African assets to Panoro for $180m
Tullow Oil to sell West African assets to Panoro for $180m
Tullow Oil has agreed to sell its oil producing assets offshore Equatorial Guinea and the Dussafu asset in Gabonese waters to Panoro Energy for a total of up to $180m.
In this connection, the parties have signed two separate sale and purchase agreements.
Panoro Energy will acquire a stake of 14.25% in Block G in the terr...