Tullow Oil (LSE:TLW) has appointed Ian Perks as its new CEO, effective September 15, 2025. Perks brings more than 30 years of experience in the upstream oil and gas sector, with a strong record of managing large-scale projects and operations, particularly across Africa. His leadership is expected to enhance Tullow’s strategic growth on the continent, optimize existing assets, and increase value for stakeholders.
The company continues to navigate financial and operational challenges, including high leverage and negative equity, despite maintaining strong cash flow. Technical indicators suggest bearish momentum, though recent corporate developments—such as strategic asset sales and demonstrated insider confidence—offer some positive signals.
About Tullow Oil
Tullow Oil is an independent energy company dedicated to responsible oil and gas development in Africa, with primary producing assets located in Ghana. The company is committed to achieving Net Zero Scope 1 and 2 emissions by 2030 and aims to deliver socio-economic benefits to its host countries. Tullow is publicly listed on both the London and Ghanaian stock exchanges.
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