Tullow Oil PLC 2012 AR2
The report highlights Tullow Oil plc's strategic, operational, and financial performance for 2012, emphasizing its commitment to 'creating shared prosperity' in its host countries. Key achievements include a significant oil discovery in Kenya, opening a new basin, and the successful remediation of the Jubilee field in Ghana, which brought gross production to 110,000 bopd by year-end. The company also completed a $2.9 billion farm-down of its Ugandan assets and refinanced its $3.5 billion Reserves Based Lending facility. On the sustainability front, Tullow introduced a new EHS scorecard, achieving a score of 22 out of 27, and reduced its CO2 emissions by 62% primarily due to decreased flaring at the Jubilee field.
Company: Tullow Oil PLC
Sector: Energy
Country: United Kingdom
Year: 2012
Type: AR2
Pages: 196
Tullow Oil PLC
Annual Report And Accounts
The report highlights Tullow Oil plc's strategic, operational, and financial performance for 2012, emphasizing its commitment to 'creating shared prosperity' in its host countries. Key achievements include a significant oil discovery in Kenya, opening a new basin, and the successful remediation of the Jubilee field in Ghana, which brought gross production to 110,000 bopd by year-end. The company also completed a $2.9 billion farm-down of its Ugandan assets and refinanced its $3.5 billion Reserves Based Lending facility. On the sustainability front, Tullow introduced a new EHS scorecard, achieving a score of 22 out of 27, and reduced its CO2 emissions by 62% primarily due to decreased flaring at the Jubilee field.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees