Tag: Tullow Oil Ghana
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Tullow Oil Plc commends resilience of Ghana’s operations despite difficult times
CEO of Tullow Oil Plc Rahul Dhir has cited governments’ effective handling of the COVID-19 pandemic as a contributory factor to the impressive performance of its Ghana operations. Despite recording a $1.3 billion dollar loss after tax for the first six months of 2020, Ghana saw the strongest performance in the entire group producing an…
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Tullow Oil Plc strengthens Board’s oversight after 2019 troubles
Tullow Oil Plc has announced that it has strengthened the oversight of its board of directors on the operations of the company. The company’s board was accused of not doing enough as a string of issues in its operational countries saw the company plunged into a loss in excess of US$1.6 billion. Tullow’s reporting of…
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Petroleum Workers Union urges gov’t to stop Kosmos, Tullow Ghana’s layoffs
The General Transport, Petroleum and Chemical Workers’ Union of the Ghana Trades Union Congress (TUC), has called on the government and other stakeholders to kick against Tullow Ghana and Kosmos Energy’s plans to layoff Ghanaian workers over operational challenges. The group in a statement issued on Thursday, February 27, said the two companies are only…
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Tullow Ghana MD decries govt’s decision to ditch free Jubilee gas for take or pay Sankofa gas
Oil production in Ghana’s Jubilee fields is in grave danger after the government stopped taking associated gas from the field forcing the operators to reinject the gas into the wells of the country’s premier oil field. The lead partner of the field, Tullow, had been reinjecting the accompanying gas which comes with the oil before…