REG - Tullow Oil PLC - Appointment of Roald Goethe as an Independent NED

Tullow OilAnnouncement

27/02/2023 07:00

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RNS Number : 0504R  Tullow Oil PLC  27 February 2023

TULLOW OIL PLC

 

Appointment of Roald Goethe as an Independent Non-executive Director of Tullow Oil plc

27 February 2023 - Tullow Oil plc (Tullow) is pleased to announce the
appointment of Roald Goethe as an independent non-executive Director of Tullow
with effect from 24 February 2023.

Roald is a highly experienced oil and gas executive with extensive commercial
knowledge of the energy industry in Africa including business development,
M&A, and in oil markets, specifically hedging, financing and trading. In
1994 he joined Trafigura Group as an executive where he had an integral role
in the development of the group's oil trading activities, primarily in West
Africa. In 2006 he founded his own company, Delaney Petroleum Ltd, trading
crude oil and petroleum products predominantly with West Africa and the Middle
East. He then returned for a three year term with Trafigura Group in Geneva
and remained an advisor at the company until the end of 2021.

Roald is a long-term supporter and shareholder of Tullow, holding c.22 million
shares. He is familiar with Tullow's strategy and aligned with the Company's
commitments as a trusted partner to its host nations in Africa.

Roald will stand for re-election to the Board at the Annual General Meeting
planned in May 2023.

 

Phuthuma Nhleko, Chairman of Tullow Oil Plc, said: "I am delighted to welcome
Roald to the Board of Tullow. He has proven skills as a business builder in
Africa, with valuable practical experience in country on matters such as
financing, trading, and resolving complex commercial issues.  He has an
excellent understanding of Tullow's business and vision, and he will provide a
unique commercial and entrepreneurial perspective to Tullow's Board, which
will help us to pursue our long-term strategy."

 

Directors' declarations pursuant to Rule 9.6.13R of the Listing Rules

There is no further information to add in respect of Rule 9.6.13R of the
Listing Rules.

Ends

CONTACTS
 Tullow Oil plc       Camarco

 (London)             (London)

 (+44 20 3249 9000)   (+44 20 3757 4986)

 Robert Hellwig       Billy Clegg

 Matthew Evans        Georgia Edmonds

                      Rebecca Waterworth

 

Notes to editors

Tullow is an independent oil & gas, exploration and production group which
is quoted on the London and Ghanaian stock exchanges (symbol: TLW) and is a
constituent of the FTSE250 index. The Group has interests in over 30 licences
across eight countries. In March 2021, Tullow committed to becoming Net Zero
on its Scope 1 and 2 emissions by 2030. For further information, please refer
to our website at www.tullowoil.com (http://www.tullowoil.com/) .

Follow Tullow on:

Twitter: www.twitter.com/TullowOilplc (http://www.twitter.com/TullowOilplc)

YouTube: www.youtube.com/TullowOilplc (http://www.youtube.com/TullowOilplc)

Facebook: www.facebook.com/TullowOilplc (http://www.facebook.com/TullowOilplc)

LinkedIn: www.linkedin.com/company/Tullow-Oil
(http://www.linkedin.com/company/Tullow-Oil)

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