Tag: Tullow Ghana
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Gov’t must review revenue projections over Tullow Ghana’s woes – IES
The Institute for Energy Security (IES) is urging the government to review its revenue projections from oil after Tullow Ghana announced that it will reduce its staff strength by 25 percent on the account of production challenges. Tullow Ghana, which is the operator of the Jubilee and TEN oil fields in Ghana, over the weekend…
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Ten Ghanaians who secured bigger roles in the corporate space in 2019
The Ghanaian corporate landscape saw a number of movements as key personnel got new appointments, while some left their roles for various reasons. In this piece, we take a look at some of the corporate movements that made the headlines. Patricia Obo-Nai, Vodafone Ghana For Ghanaians, the appointment of Patricia Obo-Nai as Chief Executive of…
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Encourage local firms to take major roles in Oil and Gas sector to secure revenue — IES
The Institute of Energy Security (IES), says it is high time the government pursues an agenda that would encourage local players to take up major roles in the country’s oil and gas sector. The comments follow the production difficulties encountered by Tullow Oil at the Jubilee and TEN oil fields. According to the Executive Director…
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Tullow Ghana celebrates suppliers for supporting local content development
One of the leading oil and gas companies in Ghana, Tullow Ghana, has celebrated its suppliers for their dedication to local content development. The event was held at the Accra Mariott Hotel. In his keynote address, the Executive Vice President of the company, Kweku Andoh Awotwi, hailed the suppliers for their local content drive and encouraged them…
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Tullow confirms incident of man jumping overboard FPSO Kwame Nkrumah
Tullow Ghana Limited, the operator of the Jubilee Fields, on Wednesday confirmed it was aware of an incident offshore involving a contractor who jumped overboard the FPSO Kwame Nkrumah at 14:25 hours on Tuesday. According to a statement from the company, full Emergency Response procedures were activated, and the contractor was rescued at 14:33…
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Tullow Ghana pays first dividend in four years
Tullow Plc has announced the payment of US$67 million as dividend to its shareholders for the year 2018 — the first time in four years. The company also announced a new dividend policy which will allow it to pay dividend of US$100 million annually to shareholders. Chief Executive of Tullow Group, Paul Mcdade said the…
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Find out why Exxonmobil, BP pulled out of bidding rounds–ACEP demands
The Africa Center for Energy Policy (ACEP) has charged the Ministry of Energy to undertake some serious introspection to find out why big companies like ExxonMobil and British Petroleum, (BP) pulled out of the competitive bidding process for the 3 oil blocks put on offer by the Government. Out of the 14 companies that were…
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Stakeholders disappointed with low number of bids for new oil blocks
Stakeholders in the oil and gas sector have expressed their disappointment in the low number bids submitted for the 3 oil blocks put up for competitive bidding by the Government. At the close of the submission date for bidding yesterday, only 3 bids were submitted. Tullow Oil bid for block 3, ENI and Vitol jointly…
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Energy Ministry closes submission of bids for new oil blocks
The deadline for the submission of bids for the exploration oil blocks put on offer by the government in October last year elapsed at 12 noon today, May 21, 2019. The Ministry of Energy is expected to begin the opening of the bids at 5 pm. The bid process, which was ushered in by President…
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Tullow holds career fair at Offshore Technology Conference to attract more Ghanaian oil and gas professionals
Tullow Ghana Ltd has engaged some Ghanaian Oil and Gas professionals based in the US at a career fair in Houston, Texas as part of its recruitment drive and strategy. The career fair is a second in the series organized on the sidelines of the just ended Offshore Technology Conference in Houston, Texas. This is…