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Tullow jumps after Uganda approves $575 million stake sale

Workers walk past storage tanks at Tullow Oil's Ngamia 8 drilling site in Lokichar, Turkana County, Kenya, February 8, 2018. Picture taken February 8, 2018. REUTERS/Baz Ratner

Tullow Oil received approval from the Ugandan government for the sale of a $575 million (Sh62.1 billion) stake in an oil project to Total, sending the shares as much as 40 per cent higher.

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