Tullow Oil Plc has picked electrical engineer and businessman Kweku Awotwi as the new head of its Ghana operations after the retirement of its current managing director, the company said in a statement Feb. 15.
Tullow is lead operator of two oil fields in Ghana including the West African nation's flagship offshore Jubilee reserves which began commercial production in late 2010.
Awotwi, 57, is the founder of South African-based gold explorer African Precious Minerals Ltd. and principal of Triton Group Ltd.
He was one-time CEO of Ghana's state-run power utility Volta River Authority for more than four years and had previously worked at Ashanti Goldfields as managing director for strategic planning and business development.
Awotwi will start work as Tullow Ghana head on March 1, succeeding Charles Darku, the first Ghanaian managing director who has served the company for five years, Tullow said.
Aside its flagship Jubilee Field, Tullow is also lead operator in the offshore TEN (Tweneboa, Enyenra, Ntomme) reserves which came onstream in August 2016.
2023-09-01 - The field, which began production in July of this year, is averaging production of 1.5 Bcm per year.
2023-07-14 - The $1 billion subsea development offshore Ghana is expected to deliver over 1 Bboe in production, field partner says.
2023-07-12 - Tullow also expects its 2023 free cashflow to come in at $100 million at an oil price of $80/bbl.
2023-09-25 - The Lufeng 12-3 FPSO in 240 m water depth is planned to reach peak production of 29,500 bbl in 2024.
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