Executive Vice President of Tullow Ghana, Kweku Awotwi, has said the significant discovery of oil in Guyana opens opportunities for Ghana as expertise from the country would be needed.
Tullow Oil Plc earlier this week announced it had made its first discovery on its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving way for the drilling of more wells.
“The initial discovery suggests its commercial, but it also means an opportunity for people in the Tullow organisation. We already have some of our own Ghanaian geoscientists who are going to be part of the Guyana exploration”, Mr Awotwi said.
The Jethro-1 exploration well was drilled by the Stena Forth drillship to a Total Depth of 4,400m metres in approximately 1,350 metres of water, according to Tullow.
“Evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licence and comprises high-quality oil-bearing sandstone reservoirs of Lower Tertiary age”, a statement from Tullow Oil Plc said.
Tullow will now evaluate the data from the Jethro discovery and determine appropriate appraisal activity.
“Half of the people on that rig are Ghanaians. The Scandinavian company moved the rig from Ghana to Guyana but kept the Ghanaian workforce. These are some of the things we’ll benefit from”, Mr Awotwi added during an interaction with some selected journalists in Accra who were part of a training programme on oil and gas.
The training programme organised by the oil firm in collaboration with Rigworld Training Centre was in fulfilment of its commitment to building the capacity and knowledge of media stakeholders in oil and gas and strengthen reporting and analysis of issues concerning the sector.
Latest Stories
-
Maiden Women in Chemical Sciences conference opens with a call for empowerment
2 hours -
We’ll reclaim all Groupe Nduom stolen assets – Nduom declares
2 hours -
Center for Learning and Childhood Development Director Dr Kwame Sakyi honoured at Ghana Philanthropy Awards
11 hours -
Asantehene receives 28 looted artefacts
12 hours -
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
13 hours -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
13 hours -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
13 hours -
Government is “suppressing information” about power sector challenges – IES Director
13 hours -
Majority of our debts caused by forex shortfall – ECG Boss
14 hours -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
14 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
14 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
14 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
15 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
17 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
18 hours