Tullow Plc Board Chairman, Phuthuma Nhleko, has reaffirmed the company’s strong commitment to the growth of Ghana’s energy sector, emphasizing its nearly two-decade partnership with the country.
In a recent meeting with Ghana’s President, John Dramani Mahama, Nhleko reiterated Tullow’s dedication to strengthening its collaboration with Ghana. He highlighted the need to harness the nation’s vast 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 its 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 President Mahama following the recent exit of former CEO Rahul Dhir after four years in the role. He assured the President of Tullow’s commitment to business continuity and stability as the company advances its strategy.
He also stressed the significant potential of gas as a key driver of economic growth and revenue generation, noting that a conducive business environment is essential for strengthening investor confidence and fostering long-term collaboration.
President Mahama, in response, underscored the vital role of the energy sector in Ghana’s economic advancement. He highlighted the importance of gas for the country’s development and emphasized the need for an economic reset to create a business-friendly environment that attracts 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.
Minister for Energy and Green Transition (MoE), 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, also participated in the meeting.
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, the company also supports coastal livelihoods through initiatives such as the Fisherman’s Anchor Project, which creates job opportunities for fisherfolk in the Western Region.
The company recently commenced a 4D seismic survey across the Jubilee and TEN fields—a significant step in enhancing drilling activities in 2025 and beyond.
The survey, which began in January 2025, will run for approximately 45 days, concluding in March 2025. Interpretation of the acquired data will help the company to identify the best areas for future drilling, ensuring sustainable and efficient resource development.
