Tullow has formalised a strategic partnership with the Ghana Forestry Commission to implement a high-integrity, jurisdictional-based Reduced Emissions from Deforestation and Degradation (REDD+) programme. This programme is an important milestone on the road to achieve Tullow’s 2030 Net Zero target for Scope 1 and 2 greenhouse gas (GHG) emissions (on a net equity basis). The […]

As the operator of Ghana’s two main oil fields – Jubilee and TEN Fields with equity interests of 39.0% and to 54.8% respectively – Tullow Oil has onerous responsibility to harness the oil and gas resources available to the country safely and efficiently and maximise the benefits for local people, communities, and all stakeholders. Nearly twenty […]

Tullow oil the operator Jubilee and TEN has since 2007 shown an unalloyed support towards oil and gas exploration and exploitation in Ghana, The company and its Partners were responsible for historic Ghana first major oil production. In November 2010, following a successful development programme, which included the building of a Floating Production Offtake Vessel […]

Tullow has disclosed that through the concerted efforts of its joint venture partners, the company has agreed on an amendment to the Interim Gas Sales Agreement in Ghana. This is according to recent announcement made by Tullow on behalf of the partners The amended agreement is valued at $2.90/mmbtu, utilising the price for Jubilee gas […]

Tullow is delighted on production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, offshore Ghana. Gross production from the field has surpassed 100,000 bopd, after a second JSE production well was brought onstream. Both of the JSE wells are performing in line with expectations and have increased production rates […]

The Ghana Grid Company (GRIDCo) has announced that it is set to earn revenue for the first time since 1983, thanks to the export of power to neighbouring countries such as Togo, Benin, Cote d’Ivoire and Burkina Faso. This has come as a relief to the company, which has been struggling with late payments from […]

Tullow Oil has disclosed  that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA). The assessments relate to the disallowance of loan interest deductions for the fiscal years 2010 – 2020 and proceeds […]

Genser Energy has announced successful  8-year financial  funding package of USD425m. The funds, which comprise of a syndicated senior loan facility of USD325m and a USD100m mezzanine loan facility, will be used to refinance existing debt and finance the next phase of expansion projects including: __a 100km natural gas pipeline to Ghana’s second largest city, […]

The Ghana National Petroleum Corporation (GNPC) has in a letter urged Aker Energy to maintain the current schedule to ensure submission of the Plan of Development (PoD) for the Pecan field by 30 June 2022. The latest move by GNPC follows a series of failures on the part of the international oil company to meet […]

Bboxx has acquired PEG Africa, a solar home systems provider based in Accra, Ghana. This acquisition, if confirmed, marks a major step in Bboxx’s expansion in West Africa. This move is continuation of the company expansion in West Africa. The British company, which specializes in the distribution of solar home systems and clean cooking kits, […]