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
-
About 95% of PWDs in Obuasi have source of livelihood – MCE
12 mins -
Immigration Service intercepts 54 gallons of fuel
15 mins -
Election 2024: Roman Fada selected as flagbearer for Ghana Freedom Party
23 mins -
Bawumia to launch Ghana’s credit scoring system on Nov. 7
27 mins -
Alan to combat galamsey with strategic youth-centred business model
30 mins -
Agona Swedru chiefs commit to ending child marriage within their jurisdiction
44 mins -
Sunyani Traditional Council endorses Bawumia – NAPO government
46 mins -
Adutwum defends double track in Free SHS, citing research and positive outcomes
51 mins -
‘Prevent and condemn illegal pressure on Judiciary’ – AG to GBA
55 mins -
Mahama alleges biased development allocation by NPP
57 mins -
Do not rely solely on foreign investments for your operations, business told
1 hour -
Boeing strike ends as workers accept new contract
2 hours -
GAF will not relent in its quest to counter external threats – GOC Southern Command
2 hours -
Election 2024: Bawumia reiterates commitment to promote sustainable mining practices
2 hours -
Ensign Global College promotes health and community well-being at Ngmayem Festival 2024
2 hours