Tullow declares force majeure ahead of planned well in Guinea

Issue 273 - 13 Mar 2014 | 4 minute read
Hyperdynamics Corporation said on 12 March that Tullow Oil had declared force majeure over its Guinea acreage. The announcement followed a guilty plea by French national Frédéric Cilins to obstructing a US criminal investigation in connection with a bribery probe into how Beny Steinmetz’s BSG Resources (BSGR) acquired mining rights in Guinea.On 30 September, the US Department of Justice (DoJ) issued a subpoena asking Hyperdynamics, the original licence holder, to produce documents relating to its business in Guinea. The US Securities and Exchange Commission (SEC) issued a similar subpoena in January this year.

Tagged with:

Pin Guinea

Want to read more?

Medium article


(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map