Posted on :
21 Jun, 2011
21 Jun, 2011
Tullow Oil plc, through its subsidiary, Tullow Ghana Limited, has interests in two exploration blocks in Ghana – Deepwater Tano and West Cape Three Points. Tullow is the operator of the Jubilee field, which straddles both blocks, and lies approximately 60 kilometres off the coast of Ghana. The Jubilee field was discovered in 2007 and First Oil was celebrated on 15 December 2010 following first initial production in November. Jubilee is a world-class oil field with estimated recoverable resources of up to 1 billion barrels. In addition to Jubilee, these licences hold significant further potential, which is currently being explored.
Tullow has a 34.7% share in the Jubilee field. Other partners are Kosmos Energy (23.49%), Anadarko Petroleum (23.49), the Ghana National Petroleum Company (13.75%), Sabre Oil & Gas (2.81%) and EO Group (1.75%).
In line with Tullow Oil plc, Tullow Ghana Limited conducts its business to the highest industry standards in a way that is ethical, safe and minimises impacts on the environment. Tullow has a long-term perspective to developing the oil business in Ghana in a way that is both profitable and delivers sustainable economic growth into the future.
Plot No. 71
Off George Walker Bush Highway
North Dzorwulu
Accra, Ghana
Tel: +233 (0) 302 742200
Fax: +233 (0) 302 742300
Email: [email protected]
Sherwood Park
10 Klotey Crescent
Labone – Osu
Accra, Ghana
Tel: + 233 (0) 302 742200
Fax: + 233 (0) 302 742300
Email: [email protected]