Tullow notes that the International Chamber of Commerce (ICC) today delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the Deepwater Tano and West Cape Three Points Petroleum Agreements, offshore Ghana, which include the Jubilee and TEN fields. The Tribunal determined that BPRT is not
Offshore drilling contractor Northern Ocean has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities. The strategic alliance includes a mutual exclusivity to explore a long-term field development program in Ghana.
U.S. oil and gas company Kosmos Energy said on Thursday it was in early talks for an all-share acquisition of West Africa-focused Tullow Oil. Earlier in the day, Tullow addressed recent media speculation by announcing that there is no certainty of any offers being made or of the terms of any potential offers. Kosmos Energy
Northern Ocean Ltd. (“NOL” or the “Company”) is pleased to announce that it has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group of Companies (“Springfield”) for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities. The strategic alliance includes a
Tullow Oil has awarded Shearwater Geoservices a critical contract to better understand how its deep water Jubilee oilfield offshore Ghana is performing. Jubilee is Tullow’s core asset, with the operator bringing online its $1 billion Jubilee Southeast project a year ago as a subsea tieback to the Kwame Nkrumah floating production, storage and offloading vessel.
Eni has announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban – 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700 Mboe. The Eban – 1X well
Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana. The firm contract following the previously agreed conditional letter of award, and includes the provision of the ultra-deepwater drillship and additional services for a development drilling campaign at the TEN and Jubilee fields
Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana. The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday. Maersk Drilling’s Maersk Venturer drillship is expected to drill four wells in total in 2021, consisting of
Dr. Matthew Opoku Prempeh, Minister for Energy, Republic of GhanaGhana’s new Minister for Energy, Dr. Matthew Opoku Prempeh has given indication of his support for the country’s upstream regulator, Petroleum Commission to ensure that foreigners who do business in the country deal fairly with Ghanaians. “As Minister for Energy, I am in a good position
Ghana is looking at having a long term partnership with the Tullow Oil Plc, Ireland-based oil and gas firm, Ghana’s Minister for Energy, Dr. Matthew Opoku Prempeh, has said.“We want to have a long-term partnership with the company and I believe it is important to look back at our relationship and see how we can
Hydrocol was established to facilitate investment in large scale infrastructure and to provide bespoke services for oil and gas companies in Ghana.