Home / Companies / Tullow Oil plc
Tullow Oil plc
Jurisdiction: United KingdomRegistry ID: 03919249Entity ID: ent_tullow-oil-plc_1
status: activeas of 31 Oct 2026reviewed 31 Oct 2026draft
Identity
Incorporated: 4 Feb 2000
Sector: Oil and gas exploration and production, Extraction of crude petroleum
Chief Executive Officer: Rahul Dhir B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026
website: https://www.tullowoil.com B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Operations
Countries: Ghana, United Kingdom
Services: Upstream oil and gas exploration and production
Public-sector counterparties: Government of Ghana, Ghana Revenue Authority
Attributed claim · as of 25 Mar 2025
Tullow Oil reports its production is centred on its offshore Ghana assets, the Jubilee and TEN fields under the Deepwater Tano and West Cape Three Points Petroleum Agreements. — company statement
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026 · B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026
Assessment
What is confirmed, what is attributed, what is disputed and what remains open — kept separate by design.
Confirmed fact · as of 31 Oct 2026
Tullow Oil plc is a UK public limited company, number 03919249, incorporated on 4 February 2000, with status active and registered office at 9 Chiswick Park, 566 Chiswick High Road, London W4 5XT.
A Companies House (United Kingdom), Tullow Oil plc - registry record, company number 03919249 (4 Feb 2000) · retrieved 31 Oct 2026
Confirmed fact · as of 31 Oct 2026
For the year ended 31 December 2024 Tullow reported revenue of US$1,535 million, group working-interest production of 61.2 kboepd, net debt of US$1,452 million and profit after tax of US$55 million.
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Confirmed fact · as of 31 Oct 2026
Tullow's production is centred on the Jubilee and TEN fields offshore Ghana, which in 2024 averaged gross production of about 87 kbopd (Jubilee) and about 18.5 kbopd (TEN).
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Attributed claim · as of 25 Mar 2025
Tullow's FY2024 going-concern assessment carried material uncertainties linked to refinancing its 2026 notes and its revolving credit facility, per its own results announcement. — company statement (Tullow Oil plc)
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Attributed claim · as of 2 Jan 2025
Tullow CEO Rahul Dhir said the company was delighted with the ICC tribunal outcome on the Ghana BPRT assessment and looked forward to constructive talks on the remaining claims, as stated in the company's exchange announcement. — company statement (Tullow Oil plc), citing Rahul Dhir
B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026
Disputed point · as of 31 Oct 2026
The Ghana Revenue Authority assessed Tullow Ghana approximately US$320 million in Branch Profit Remittance Tax (BPRT) on its Deepwater Tano and West Cape Three Points operations. Tullow disputed that BPRT applied and referred the matter to arbitration. On 2 January 2025 an ICC tribunal ruled that BPRT does not apply under the relevant Petroleum Agreements, so Tullow owes nothing on that assessment; two further tax claims referred in February 2023 remain unresolved. — Ghana Revenue Authority (assessment) and Tullow Oil plc (response); ICC tribunal decision
The BPRT item was decided in Tullow's favour by the ICC tribunal; two other tax claims remain open and are not resolved by this record.
B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026 · C The Irish Times (Reuters), Tullow Oil exempt from $320m tax after ICC ruling on Ghana operations (2 Jan 2025) · retrieved 31 Oct 2026
Unanswered question · as of 31 Oct 2026
The status and outcome of the two further Tullow-Ghana tax claims referred to the ICC in February 2023 were not resolved by the sources checked as of this review.
B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026 · C The Irish Times (Reuters), Tullow Oil exempt from $320m tax after ICC ruling on Ghana operations (2 Jan 2025) · retrieved 31 Oct 2026
Unanswered question · as of 31 Oct 2026
Whether Tullow completed the refinancing of its 2026 notes and revolving credit facility flagged in the FY2024 going-concern note was not established from the sources checked.
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Evidence library
Full evidence library → — primary records first.
filing · 4 Feb 2000
UK Companies House registry record for Tullow Oil plc, company number 03919249: public limited company, status active, incorporated 4 February 2000, registered office 9 Chiswick Park, 566 Chiswick High Road, London W4 5XT, SIC 06100 (extraction of crude petroleum).
A Companies House (United Kingdom), Tullow Oil plc - registry record, company number 03919249 (4 Feb 2000) · retrieved 31 Oct 2026
Relevance: Primary statutory registry record establishing legal identity, status and incorporation date.
regulatory notice · 2 Jan 2025
Ghana Stock Exchange-issued company announcement (2 January 2025) that an ICC tribunal ruled the Branch Profit Remittance Tax (BPRT) does not apply to Tullow Ghana under the Deepwater Tano and West Cape Three Points Petroleum Agreements, so Tullow owes nothing on the Ghana Revenue Authority's US$320 million assessment; two other tax claims referred to the ICC in February 2023 remain open.
B Ghana Stock Exchange, Tullow Oil plc - Successful Outcome of Ghana Tax Arbitration (PR-001) (2 Jan 2025) · retrieved 31 Oct 2026
Relevance: Exchange-filed record of a primary tribunal decision and the company's response on the Ghana tax dispute.
company statement · 25 Mar 2025
LSE RNS full-year results for the year ended 31 December 2024: revenue US$1,535 million, group working-interest production 61.2 kboepd, net debt US$1,452 million, profit after tax US$55 million; Ghana Jubilee gross production about 87 kbopd and TEN about 18.5 kbopd; going-concern note on refinancing 2026 notes and the RCF.
B London Stock Exchange (RNS), Tullow Oil plc - Full Year Results (year ended 31 December 2024) (25 Mar 2025) · retrieved 31 Oct 2026
Relevance: Company financial statement establishing FY2024 results and Ghana operational scale.
reporting · 2 Jan 2025
Irish Times (Reuters wire, 2 January 2025) reporting that the ICC ruled BPRT does not apply to Tullow's Deepwater Tano and West Cape Three Points operations offshore Ghana, so Tullow will not pay the US$320 million assessment, with two other tax claims still under negotiation with the Government of Ghana.
C The Irish Times (Reuters), Tullow Oil exempt from $320m tax after ICC ruling on Ghana operations (2 Jan 2025) · retrieved 31 Oct 2026
Relevance: Independent corroboration of the ICC ruling and remaining disputes.
Claim reviews
Did Tullow Oil have to pay the Ghana Revenue Authority's US$320 million Branch Profit Remittance Tax assessment?
Confidence: high
Limitations. This dossier indexes public records; it does not adjudicate disputes, certify standards or screen sanctions. Absence of a record is not proof of absence. See methodology and corrections & response.