Tullow Oil annual profits almost doubled as the company cashed in on higher oil and gas prices sparked by the war in Ukraine.
Gross profit for 2022 almost doubled to $1.08bn, on a 40% rise in revenue to ยฃ1.78bn with group production in line with guidance.
Free cash flow rose to $267m from $245m and net debt fell to $1.9bn from $2.1bn.
Reporting by Frank Prenesti for Sharecast.com




