Tullow Oil abandons dry well in Norway

Tullow Oil Plc said it had plugged and abandoned a well in the Norwegian North Sea after it failed to find any hydrocarbons. Tullow is now counting on new drilling projects planned in Kenya and Ethiopia for this year and next to improve its exploration performance.It said it did not encounter hydrocarbons in the Lupus exploration well, located 35km southeast of the Oseberg South field in the North Sea.