
Tullow Oil
Tullow Oil is a British independent oil and gas exploration company, known for its operations in Ghana and various other regions across Africa and South America. The company has played a significant role in Ghana's oil sector, particularly in the Jubilee Field, which was one of the first major oil discoveries in the country. Tullow Oil has faced operational challenges and regulatory hurdles in Ghana, leading to a decline in production, which has drawn attention from government officials and investors alike. Recently, Tullow has been encouraged by President John Mahama to accelerate its drilling operations amidst a global shift towards renewable energy, as Ghana seeks to maximize its petroleum resources before they potentially become economically obsolete.
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Ghana:
He cited Tullow’s operational challenges during the previous administration as a major blow to the sector.
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