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Tulow Oil to stop drilling operations in Ghana

Information reaching Ghanawebnewscom is that Tullow Oil will suspend drilling operations later in 2024 in Ghana due to output declines whiles production will continue at Jubilee and TEN

Drilling will resume in 2025 after the completion of procurement processes for a new rig which has started in 2024. CEO of Tullow Rahul Dhir expressed confidence in the company's new trajectory citing successful execution of the company's business plan in 2024. In a statement he said the Tullow remains resolute in leveraging its assets to ensure production growth.