According to media reports, Tullow Oil held an AGM Thursday and commented that it’s likely to seek a partner to speed up the development of its Ugandan interests when it brings them close to production next year. The group expects to spend up to €750 million developing its resources this year, including the Jubilee and Tweneboa fields in Ghana, which have potential reserves of up to three billion barrels of crude oil. The CEO, Aidan Heavy, said Tullow will sell half of its holding to a partner in order to bring the fields to full production. This partner will fund the pipeline. Mr Heavey said the company was likely to begin the process of finding a suitable partner for the deal next year, when the wells there are nearing production. Source: Seeking Alpha