Tullow Oil posts $101m half-year loss despite production gains

Tullow Oil has recorded a loss after tax of US$101 million for the first half of 2026, slightly higher than the US$61 million loss recorded over the same period in 2025.“A number of existing wells drilled in the previous campaign have seen the benefit of production optimisation activities in the first half of 2026,” the company said.

Tax dispute and Ghana operations The half-year loss comes as Tullow continues to deal with the fallout from a tax dispute with the Ghana Revenue Authority (GRA).