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To Arrive at the Total Scores, Each Company Is Marked out of 10 Across
BRITAIN’S MOST ADMIRED COMPANIES THE RESULTS 17th last year as it continues to do well in the growing LNG business, especially in Australia and Brazil. Veteran chief executive Frank Chapman is due to step down in the new year, and in October a row about overstated reserves hit the share price. Some pundits To arrive at the total scores, each company is reckon BG could become a take over target as a result. The biggest climber in the top 10 this year is marked out of 10 across nine criteria, such as quality Petrofac, up to fifth from 68th last year. The oilfield of management, value as a long-term investment, services group may not be as well known as some, but it is doing great business all the same. Its boss, Syrian- financial soundness and capacity to innovate. Here born Ayman Asfari, is one of the growing band of are the top 10 firms by these individual measures wealthy foreign entrepreneurs who choose to make London their operating base and home, to the benefit of both the Exchequer and the employment figures. In fourth place is Rolls-Royce, one of BMAC’s most Financial value as a long-term community and environmental soundness investment responsibility consistent high performers. Hardly a year goes past that it does not feature in the upper reaches of our table, 1= Rightmove 9.00 1 Diageo 8.61 1 Co-operative Bank 8.00 and it has topped its sector – aero and defence engi- 1= Rotork 9.00 2 Berkeley Group 8.40 2 BASF (UK & Ireland) 7.61 neering – for a decade. -
Africa's Leading Independent Oil Company
TULLOW OIL PLC PLC OIL TULLOW 2017 ANNUAL REPORT & ACCOUNTS & REPORT ANNUAL 2017 TULLOW OIL PLC 2017 ANNUAL REPORT & ACCOUNTS AFRICA’S LEADING INDEPENDENT OIL COMPANY www.tullowoil.com D AFRICA’S LEADING INDEPENDENT OIL COMPANY Tullow Oil is a leading independent oil and gas exploration and production company. Our focus is on finding and monetising oil in Africa and South America. Our key activities include targeted Exploration and Appraisal, selective development projects and growing our high-margin production. We have a prudent financial strategy with diverse sources of funding. Our portfolio of 90 licences spans 16 countries and is organised into three Business Delivery Teams. We are headquartered in London and our shares are listed on the London, Irish and Ghana Stock Exchanges. 1 2 3 STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS Our Group highlights 1 Directors’ report 56 Statement of Directors’ responsibilities 108 Our operations 4 Audit Committee report 67 Independent auditor’s report for the Chairman’s foreword 6 Nominations Committee report 73 Group Financial Statements 109 Chief Executive Officer’s foreword 8 EHS Committee report 76 Group Financial Statements 117 Chief Financial Officer’s foreword 10 Remuneration report 78 Company Financial Statements 153 Executive Team overview 12 Other statutory information 101 Five-year financial summary 162 Market outlook 14 Supplementary information Our strategy 16 Shareholder information 163 Our business model 18 Licence interests 164 Key performance indicators 20 Commercial reserves and resources 168 Creating value 24 Transparency disclosure 169 Operations review 26 Sustainability data 176 Finance review 31 Tullow Oil plc subsidiaries 179 Responsible Operations 36 Glossary 181 Governance & Risk management 38 Board of Directors 40 Principal Risks 42 Organisation & Culture 50 Shared Prosperity 52 You can find this report and additional information about Tullow Oil on our website: www.tullowoil.com Cover: TEN FPSO, Prof. -
The Creative Talents of the Lvmh Group VIRGIL ABLOH
The creative talents of the lvmh group VIRGIL ABLOH MEN’S ARTISTIC DIRECTOR LOUIS VUITTON Born in rockford, illinois in 1980, Virgil Abloh is an artist, architect, engineer, creative director, and designer. After earning a degree in Civil Engineering from the University of Wisconsin Madison, he completed a Master´s Degree in Architecture at the Illinois Institute of Technology in a curriculum founded by Mies van der Rohe. It was here that he learned not only about modernist design principles but also about the concept of multi‐ disciplinary working. Virgil Abloh’s brand Off‐White c/o Virgil Abloh™ was started in 2012 as an artwork titled "PYREX VISION." In 2013, the brand premiered a seasonal men's and women's fashion label showing runway collections during Paris Fashion Week since 2015. Abloh has also presented his work at major design institutions around the globe by the likes of Harvard Graduate School of Design, Columbia Graduate School of Architecture, Planning and Preservation and the Rhode Island School of Design. In 2019 he will have a major exhibition of past and current work at the Museum of Contemporary Art of Chicago, Illinois. In 2015, Virgil Abloh for Off‐White c/o Virgil Abloh™ is among the finalists of the LVMH Prize. He has been awarded various prizes, most recently winning the British Fashion Awards Urban Luxe award and International Designer of the Year at the GQ Men of the Year Awards in 2017. © Louis Vuitton JONATHAN ANDERSON CREATIVE DIRECTOR LOEWE Born in 1984 in Northern Ireland, lives in London, Madrid and Paris. -
Tullow Oil 2019 Full Year Results Presentation
Tullow Oil plc Tullow Oil plc | 2020 Full Year Results 10 March 2021 Disclaimer This presentation contains certain forward-looking statements that are subject to the usual risk factors and uncertainties associated with the oil and gas exploration and production business. Whilst Tullow believes the expectations reflected herein to be reasonable in light of the information available to them at this time, the actual outcome may be materially different owing to factors beyond the Group’s control or within the Group’s control where, for example, the Group decides on a change of plan or strategy. The Group undertakes no obligation to revise any such forward-looking statements to reflect any changes in the Group’s expectations or any change in circumstances, events or the Group’s plans and strategy. Accordingly no reliance may be placed on the figures contained in such forward looking statements Tullow Oil plc | 2020 Full Year Results Slide 2 2020 Full Year Results Agenda Presenters Rahul Dhir Overview Financial Chief Executive Officer Les Wood Chief Financial Officer Operations Conclusion Tullow Oil plc | 2020 Full Year Results Slide 3 OVERVIEW Tullow Oil plc | 2020 Full Year Results 2020 Full Year Results overview Operations • Production in line with guidance at 74,900 bopd • Ghana – improved operational performance underpinned by gas offtake and water injection • Non-op – diversified portfolio delivering stable and sustainable production • Kenya – licence extended and development concept under review • Exploration – focus on unlocking value -
Tullow Oil Plc 2021 Annual General Meeting – Ceo Statement
TULLOW OIL PLC 2021 ANNUAL GENERAL MEETING – CEO STATEMENT 16 June 2021 – Tullow Oil plc (Tullow) issues the following statement from its CEO, Rahul Dhir, ahead of its Annual General Meeting (AGM) today. Due to Covid-19 restrictions, the meeting will be held via an audio cast. Instructions for joining the audio cast can be found at the end of this statement or within the Notice of Meeting . Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Dear Shareholders, Today will be my first AGM since joining Tullow as CEO and I wanted to take the opportunity to reflect on my first year and provide an update on recent events and current operations. A year of significant change When I joined in July last year, I said that I was excited at the opportunity to lead Tullow and re-build an exceptional company. We have since taken necessary steps to transform the business and, after a year of significant change, I believe we have emerged as a new company with a fundamentally different approach. We have shifted our focus away from exploration and development and long-cycle capital commitments to a production focused company with a robust, cash generative business plan. At our Capital Markets Day in November 2020 I laid out our 10-year business plan which focuses over 90% of our capital investment in our high margin production assets in West Africa. This will generate material cashflow to self-fund high return, fast payback investment opportunities and reduce debt – even at low oil prices. The delivery of this business plan required us to address several fundamental aspects of the business and I am proud to report that we have made excellent progress on the following: Reducing our cost base: we are delivering cost savings across the business including annual G&A cash savings of $125 million. -
THE MM&M AWARDS 2012 Judges
DREAMhile entries to the MM&M Awards are now closed, for the judges, the fun—and the hours of hard work—are just Wbeginning. The 2012 panel is in place and our judges are poised to start por- ing over hundreds of submissions. As in previous years, the panel features a wide range of esteemed leaders and thinkers representing a variety of industry disciplines across, pharma, biotech, device and diagnostic companies, as well as agency and media creatives and execs. However, this year there is one major difference: The panel has more than doubled in size. We took the decision to increase the number of judges from around 40 to more than 100 for several reasons. Not only will each entry be reviewed by a larger and more varied group, we will have THE MM&M AWARDS 2012 JUDGES Bill Abernethy, Vice President, Global Market Development, Prosensa Therapeutics Stephanie Feldt, Dir., Market Insight, ZymoGenetics, A Wholly Owned Subsidiary of BMS Manuel Alvarado, Sr. Prod. Mgr. Inmunology (HUMIRA) Global Marketing, Abbott Labs Derek Fetzer, Director, Johnson & Johnson Elizabeth Apelles, CEO, Greater Than One David Fink, President, Compass Associates Irene Aquino, Associate Director, Marketing, Shire HGT Lisa Flaiz, VP Strategic Growth & Innovation, imc2 health & wellness Lisa Bair, CEO, Hobart Group Holdings Adam Fletcher, Senior Brand Manager, Teva Women’s Health Jack Barrette, CEO, WEGO Health Chris Freeman, Director, Cardiopulmonary Marketing, Gilead Sciences Matt Beebe, President, PROPEL Medical Marketing Matt Giegerich, Chairman & CEO, Ogilvy CommonHealth -
Tullow Oil Plc 2009 Annual Report and Accounts Operational Highlights Group Overview Directors’ Report
Tullow Oil plc Tullow Oil plc Tullow Oil plc 3rd Floor, Building 11 2009 Annual Report and Accounts Chiswick Park 566 Chiswick High Road London W4 5YS Tel: +44 20 8996 1000 Fax: +44 20 8994 5332 2009 Annual Report and Accounts Email: [email protected] Website: www.tullowoil.com Africa’s leadingindependent oil company This report is produced on material which contains 50% recycled and de-inked pulp from post consumer waste. The remaining pulp contains FSC credited material from well-managed forests. Designed by Black Sun Plc Printed by St Ives Westerham Press Get more online at tullowoil We are committed to improving our disclosure and communication to increase the understanding of our business. Our policy is to be open, transparent, uniform and timely. We will continue to upgrade our corporate website. Africa’s leading Additional features We will be incorporating new independent oil company features, including the ability to customise the site for Tullow Oil plc is a global independent oil individual users. and gas company with over 90 licences in New content We will be adding video, 25 countries. The Group is headquartered new content and an improved in London and employs nearly 900 people ‘major projects’ section to make world-wide. Tullow is listed on the London the site more interesting. and Irish Stock Exchanges and is More interactivity We will be upgrading a constituent of the FTSE 100 index. site tools to make the site more user-friendly. We have a long history in Africa and the continent has been the major focus of our activity and investment in recent years. -
Strategic Design Leader with a Proven Track Record of Creating Chicago, IL Innovative Digital Solutions That Maximize Business Objectives
Hello. My name is Lucian Slatineanu and this is my story. Strategic design leader with a proven track record of creating Chicago, IL innovative digital solutions that maximize business objectives. emblematiq.com Multifaceted and imaginative project manager bringing experience emblematiq.dribbble.com in planning, directing, and executing product, branding, and [email protected] marketing initiatives. A passionate visionary with a gift for +1 (815) 315.0545 identifying patterns and applying customer-driven research to current and anticipated business needs. Curious, ambitious, and confident with a strong sense of ownership. Competencies • User Interface Design • User Experience Design • User Research • Art Direction • Branding • Web Development • Digital Strategy • Graphic Design • Project Management • Design Thinking Experience EMBLEMATIQ, McHenry IL 2004 - PRESENT Chief Design Officer & Founder • Running a small design studio that partners with ambitious startups and established companies to create digital products that change the world. Clients include: • American Academy of Pediatrics, Atlas Obscura, Boston Consulting Group, Chevron, CNET, Humana, LiveText, ModX, Motorola, Redbubble, Squarespace, Stack Exchange, and many more. CHROME RIVER, Los Angeles CA 2011 - PRESENT Creative Director • Led marketing design from the start-up stage to one of the top expense management software companies worldwide. • Managed successful rebranding projects, website redesigns, print and trade show materials. HOBSONS, Arlington VA 2015 - 2019 Senior Interactive Designer • Led the redesign of the company’s websites, resulting in 3 to 10 times improvement on all KPIs. • Improved digital strategies and processes. • Managed projects as well as internal and external design teams. RAND MCNALLY, Skokie IL 2014 - 2015 Lead UX Designer • Led the user research and user experience design for the OverDryve connected car device. -
The Next Phase of Growth for Tullow
TU017_Cover_vAW2.qxd:13331_Tullow_Oil_Cov 30/3/09 16:45 Page 1 Tullow Oil plc Oil plc Tullow Tullow Oil plc 2008 Annual Report and Accounts 3rd Floor, Building 11, Chiswick Park, 566 Chiswick High Road London W4 5YS The next phase Tel: +44 20 8996 1000 Fax: +44 20 8994 5332 2008 Annual Report and Account Email: [email protected] of growth Website: www.tullowoil.com s This report is produced on material which contains 50% recycled and de-inked pulp from post consumer waste. The remaining pulp contains FSC credited material from well-managed forests. Designed by Black Sun Plc Printed by St Ives Westerham Press TU017_IFC-p3_vAW5.qxp:Layout 1 30/3/09 14:30 Page b Tullow Oil plc is one of the largest independent oil and gas exploration and production companies in Europe. The Group is entering its next phase of growth with a major focus on Africa, where Tullow is already a dominant player. Key to achieving the Group’s growth ambitions is the effective execution and delivery of first oil in Ghana by 2010, and developing the significant resource base established in Uganda. Group overview Directors’ report: Business review Tullow has maintained its outstanding exploration record Tullow has a clear vision to be the leading independent and made excellent progress in developing its world-class global exploration and production company. Here you can basins in Ghana and Uganda in 2008. The Group is focused read about how well positioned we are for the next phase on future growth and in this section you will learn about our of growth, how we are realising our vision, executing our operations, performance and outlook. -
News Release THIS PRESS RELEASE CONTAINS INSIDE INFORMATION
News Release THIS PRESS RELEASE CONTAINS INSIDE INFORMATION Capital Markets Day Tullow Oil plc (Tullow) announces that it is hosting a Capital Markets Day presentation today in London for sell-side analysts and institutional shareholders. The event will be hosted by Paul McDade, CEO, and will include presentations from members of Tullow’s Executive Team on the Group’s growth strategy. The presentations will be streamed via a live webcast on Tullow’s website from 13:30. Registration for the webcast and materials for the day can be found at the following link: www.tullowoil.com/reports PAUL MCDADE, CHIEF EXECUTIVE OFFICER, TULLOW OIL PLC, COMMENTED TODAY: “Tullow has made excellent operational and financial progress over the past 18 months. Having reached our target of being a balanced self-funding Exploration and Production business and having embedded cost discipline across the Group, this is the right time to reinstate a dividend and focus on our plans for growth.” Platform for growth At today’s Capital Markets Day presentation, the Executive team will remind investors of Tullow’s high-quality portfolio, operational capabilities, emerging market experience and extensive network of relationships across Africa. The team will also demonstrate how a solid platform for growth has been established by driving down debt, delivering significant free cash flow and embedding financial discipline across the Group. Tullow expects to deliver growth across its portfolio. In West Africa, the Group has substantial low-cost resources to be developed and produced in Ghana, Gabon, Equatorial Guinea and Côte d’Ivoire. In East Africa, Tullow has two major projects in Uganda and Kenya that have the potential to grow the Group’s production by 50%. -
Tullow Oil Plc Trading Statement and Operational Update
TULLOW OIL PLC TRADING STATEMENT AND OPERATIONAL UPDATE 29 JULY 2020 – Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2020. This is in advance of the Group’s Half Year Results, which are scheduled for release on Wednesday 9 September 2020. The information contained herein has not been audited and may be subject to further review and amendment. Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Since becoming CEO on 1 July, I have been impressed by the quality of Tullow’s people and the potential of our assets and I am confident that we can build Tullow into a competitive and successful business once again. Despite the challenging external environment in the first half of the year, Tullow has performed well; delivering production in line with forecast, agreeing the sale of the Ugandan assets and re-shaping the Group’s structure and cost base. In the second half of 2020 our focus will remain on continuing to deliver safe and reliable production from West Africa, reducing debt and building a cost effective and efficient organisation that can compete in a low oil price environment.” OPERATIONAL UPDATE The impact of COVID-19 has been managed safely across our business with no impact on our operated production. Group working interest production in the first half of 2020 averaged 77,700 bopd in line with expectations; full year guidance has been narrowed to 71,000-78,000 bopd reflecting continued good performance across the portfolio. -
Letter from the President 5 Legacy Award Winner 7 Jurors 8 Sponsors
LETTER FROM THE PRESIDENT 5 LEGACY AWARD WINNER 7 JURORS 8 SPONSORS 11 BROADCAST ADVERTISING 13 BROADCAST/MOTION/ANIMATION 19 IMMERSIVE/ENVIRONMENTAL 23 3-D PACKAGING/PRODUCT 27 SELF PROMOTION 32 PRINT ADVERTISING 37 DIGITAL ADVERTISING 43 CROSS PLATFORM CAMPAIGN 49 WEBSITES 54 2-D PRINT/DIGITAL DESIGN 59 LOGO AND BRAND IDENTITY SYSTEMS 65 APPS/DIGITAL EXPERIENCE 70 ILLUSTRATION 74 WRITING 75 PHOTOGRAPHY 77 TYPOGRAPHY 81 BRANDED ENTERTAINMENT & FILM 83 PRINT PRODUCTION & PAPER CRAFT 88 PUBLIC SERVICE 91 BECOMING ONE As the Annual Show marks its 60th anniversary, recognizing excellence within Colorado’s creative community, we find ourselves celebrating many achievements. This year has been a remarkable ONE for our club. In July 2017, the Art Directors Club Denver became The One Club for Creativity - Denver, an authorized chapter of The One Club for Creativity. This new partnership connects club members and community alike, to a global network of advertising, media, and design industry elites. It has been my distinct honor and privilege to lead ADCD through this transition. I am eager to see Colorado-made creative work make even greater impact, and gain even greater notoriety on the international stage. Congratulations to this year’s Annual Show nominees for your impressive, award-winning work! As seen in the pages of our 2017 Annual Show book, your immense talent is equally as inspired, as it is diverse. Special thanks to 2016-2017 ADCD Vice President, Roxanne Benefiel, for leading our 60th Annual Show. Roxanne and her team of volunteers worked tirelessly to ensure this year’s show is the best ONE yet! Sincerest thanks to Peter Dunbar, for your diligence, dedication, and undisputed integrity.