Audio By Carbonatix
Ghana's Tweneboa and Jubilee oil Fields could contain up to 1.4 billion and 1.5 billion barrels of oil equivalent (boe)in oil and gas reserves respectively, said field operator Tullow Oil PLC Thursday.
This represents a slight decrease in the total resource upside estimate for Jubilee, from 1.8 billion boe previously, but no change in the figure for Tweneboa.
First oil will be produced from the Jubilee Field in November or December this year and the project will be completed within 10% of its $3.2 billion budget, Tullow said in a presentation to analysts posted on its website.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Landfilling waste management creates no value, it’s an economic waste
21 minutes -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
36 minutes -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
41 minutes -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
57 minutes -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
59 minutes -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
2 hours -
Women and children among those killed in Sudanese army shelling of wedding celebration
2 hours -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
2 hours -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
2 hours -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
2 hours -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
2 hours -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
3 hours -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
3 hours -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
3 hours -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
3 hours