London-listed Tullow Oil Profit Slumps On Production Hit As Ghana Payment Delays

Tullow Oil, an independent oil and gas explorer focused on West Africa, reported a significant drop in its annual profit for 2025. The company’s profit after tax fell by 87%, reaching just $7 million compared to $55 million the previous year. This decline was mainly due to lower production levels and delays in payments from the Ghana government, which continued to strain the company’s finances. In response to these financial pressures, Tullow Oil has been undergoing a capital overhaul. The comp…