The company now expects 2021 output between 58,000-61,000 barrels Of oil equivalent per day (boepd) compared with its previous forecast of 55,000-61,000 boepd. ![]() ![]() Tullow, which has been operating in Africa since 1986, raised the lower end of its 2021 production target to reflect increased output from its Central-African Simba field while it pushed the planned maintenance shutdown of the Ghanaian Jubilee plant into 2022. The overall strategy is to allocate more capital to our core production assets, so what we are looking to do in Guyana for instance is to bring in partners and reduce our capital exposures," Dhir said. Tullow is in talks for strategic partners for the project, Chief Executive Officer Rahul Dhir told Reuters, adding that the company was also looking to cut its exposure in Guyana.
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