Tullow Ghana Limited remains committed to harnessing the huge potential of hydrocarbons in Ghana's offshore fields, the Managing Director (MD) of the company, Jean-Medard Madama, has reiterated.
He said "We continue to see potential for the Jubilee and the TEN Fields- an all been witness to the success of the Jubilee South East project, which has increased production in the Jubilee Field." Mr Madama gave the assurance at the just-ended Local Content Conference and Exhibition (LCCE), organised by the Petroleum Commission in Takoradi, on the theme: "Attracting exploration and production investments to boost local content - new pathways".
The oil and gas sector, he noted, contributed significantly to Ghana's Gross Domestic (GDP), and said future outlooks spoke about increased contributions by attracting exploration and production investments.
Mr Madama indicated that Tullow's gas production had been crucial to the constant supply of electricity for Ghana through the regulator, and will ensure that the country was able to utilise and export natural gas, leading to increased foreign capacity.
