Tullow Oil PLC 2012 Annual Report with Sustainability Disclosures
Company: Tullow Oil PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2012
Type: Annual Report with Sustainability Disclosures
Pages: 196
The report describes a strong 2012 performance, led by a 74% exploration and appraisal success ratio and basin-opening oil discoveries in Kenya. The company also completed the major Uganda asset farm-down, strengthening its balance sheet and funding exploration-led growth. Corporate responsibility highlights included a new EHS scorecard, a reported 62% reduction in CO2 emissions and continued investment in social development. The workforce grew 15% to 1,778 employees and contractors, alongside continued focus on local employment and diversity.
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