New Tullow Oil boss Rahul Dhir may be forced to sell further assets

摘要

Having taken over the reins of Tullow Oil barely a fortnight ago, the ex-Delonex boss Rahul Dhir does not have much time to get the company back on its feet. Its debts, standing at over one billion dollars, coupled with a slump in revenues due to sluggish production in Ghana this year and a barrel price ($40) much lower than in 2019, are creating serious difficulties for Tullow.