Tullow Oil PLC 2018 AR2
The report highlights Tullow Oil's performance in 2018, focusing on its transition to a self-funding oil company balanced across exploration, development, and production. Key achievements include generating $1.9 billion in revenue and $411 million in free cash flow, alongside reducing net debt to $3.1 billion. Operationally, the company successfully completed the Jubilee Turret Remediation Project in Ghana and progressed its East African projects in Kenya and Uganda toward final investment decisions. On sustainability, Tullow reduced its Scope 1 greenhouse gas emissions to 1.2 million tonnes of CO2e and increased its local supplier spend to $283 million.
Company: Tullow Oil PLC
Sector: Energy
Country: United Kingdom
Year: 2018
Type: AR2
Pages: 190
Tullow Oil PLC
Annual Report And Accounts
The report highlights Tullow Oil's performance in 2018, focusing on its transition to a self-funding oil company balanced across exploration, development, and production. Key achievements include generating $1.9 billion in revenue and $411 million in free cash flow, alongside reducing net debt to $3.1 billion. Operationally, the company successfully completed the Jubilee Turret Remediation Project in Ghana and progressed its East African projects in Kenya and Uganda toward final investment decisions. On sustainability, Tullow reduced its Scope 1 greenhouse gas emissions to 1.2 million tonnes of CO2e and increased its local supplier spend to $283 million.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees