Tullow Ghana

Tullow Ghana Holds First Supplier Market Day For 2023

Tullow Ghana Holds First Supplier Market Day For 2023

Tullow Ghana Limited held the first of its 2023 quarterly "Tullow Supplier Market Day" on 22nd February 2023 at the Fiesta Royale Hotel in Dzorwulu. The event was organised as part of efforts to maximise participation of local businesses in Tullow’s supply chain system. Opening the event, Managing Director for Tullow Ghana, Wissam Al-Monthiry said suppliers play a very important part in Tullow Ghana’s business success. He said, “at Tullow, we view our suppliers as partners to the success of our business and our collective combined existence.” He further noted that it is Tullow’s goal to help develop the supplier…
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Tullow Oil Challenges GRA Over $300m Tax Imposition

Tullow Oil Challenges GRA Over $300m Tax Imposition

Oil exploration and production firm, Tullow is challenging the Ghana Revenue Authority over $300 million advanced tax imposed on the company by the authority for its 2023 operations. Tullow is also raising issues on a similar assessment conducted in 2022, after a review by the GRA. These concerns were captured in Tullow Oil’s January Trading Statement and Operational Update released on January 25, 2023. According to Tullow Oil, “these assessments are without merit”. It, however, added that it will continue to actively engage the Government of Ghana to resolve the disputes on a mutually acceptable basis. Tullow to invest $300m…
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Tullow Engages Government On Urgent Gas Sales Contract

Tullow Engages Government On Urgent Gas Sales Contract

Tullow Oil has begun engagement with the Ghana government on an “urgent” gas sales contract. This is because foundation gas volumes which is free gas issued to Ghana from the inception of the Jubilee contract will expire soon. Based on its current production forecast, Tullow, expects the volume of 200 billion cubic feet of foundation gas to deplete by the end of the year. But the oil and gas giant has begun engagements with the government of Ghana for an agreement which will ensure there is no interruption in the supply of gas. No time to waste “The urgency level…
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