Tullow spending 'could double' in 2016

Africa-focused Tullow Oil's exploration budget will never return to a peak target of $1 billion, although spending could double from current levels starting next year, according to a report.

Spending: Tullow Oil CEO Aiden Heavey says capex could double next year
Spending: Tullow Oil CEO Aiden Heavey says capex could double next year
Published 4 March 2015, 17:51Updated 17 October 2016, 13:05
Africa