Tullow Plc Board Chairman, Phuthuma Nhleko, has reaffirmed the company’s strong commitment to Ghana’s energy sector, emphasizing its nearly two-decade-long partnership with the country.
In a recent meeting with President John Mahama, Nhleko reiterated Tullow’s dedication to strengthening its collaboration with Ghana, stressing the need to harness the nation’s oil and gas resources efficiently, sustainably, and with environmental responsibility.
As the lead operator of Ghana’s key oil fields—Jubilee and TEN—Tullow and its partners have invested over $19 billion in the sector since inception, contributing more than $6 billion in revenue to the Ghanaian government.
During the meeting, Nhleko introduced Richard Miller, Tullow’s interim Group CEO, to the President, following the recent announcement of former CEO Rahul Dhir’s departure after four years. He assured the President of Tullow’s commitment to business continuity and stability as it advances its strategy.
Nhleko also underscored the significant potential of gas as a driver of economic growth and revenue generation, emphasizing the need for a conducive business environment to strengthen investor confidence and foster long-term collaboration.
President Mahama, in response, acknowledged the vital role of the energy sector in Ghana’s economic development. He stressed the importance of gas to Ghana’s economy and the urgent need for an economic reset to create a business-friendly environment that encourages investment.
Tullow Ghana’s Managing Director, Jean-Medard Madama, and Deputy Managing Director, Cynthia Lumor, were part of the Tullow delegation that met with the President.
Also in attendance were Minister for Energy and Green Transition, John Abdulai Jinapor; Acting CEO of Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah; Presidential Advisor and Special Aide, Joyce Bawa Mogtari; and Energy Ministry Technical Advisor, Ishmael Ackah.
Beyond its economic contributions, Tullow continues to invest in local communities. The company has committed $10 million to improving educational infrastructure in 15 senior secondary schools over five years.
Together with its partners, Tullow also supports coastal livelihoods through initiatives such as the Fisherman’s Anchor Project, which creates job opportunities for fisherfolk in the Western Region.
In addition, the company recently commenced a 4D seismic survey across the Jubilee and TEN fields—an essential step in enhancing drilling activities in 2025 and beyond.
The survey, which began in January 2025, is expected to last approximately 45 days, concluding in March 2025. The interpretation of the acquired data will help identify optimal areas for future drilling, ensuring sustainable and efficient resource development.
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