Tullow Oil has agreed to brave Guinea’s complex operating environment, taking a 40% stake in Hyperdynamics’ offshore concession. Past exploration has been a saga of corrupt governments and inexpert partners, but Tullow’s arrival comes as the government of President Alpha Condé tries to overturn the legacy of dictatorship and military rule. Tullow chief executive Aidan Heavey told African Energy in early November that the geology of the offshore concession was highly promising.
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