First oil from the Jubilee South East oil field project is ordered by the president and Akufo Addo

President Nana Akufo-Addo officially launched the Jubilee South East (JSE) Project, a joint venture between Tullow, the Ghana National Petroleum Company (GNPC), Kosmos Energy, Jubilee Oil Holdings Limited, and Petro SA, on Friday, September 8, 2023.

First oil from the Jubilee South East oil field project is ordered by the president and Akufo Addo
First oil from the Jubilee South East oil field project is ordered by the president and Akufo Addo

President Akufo-Addo emphasized how the Jubilee field plan, which aims to increase oil output from the field’s eastern side, is consistent with the South East Project’s success.

By the end of the year, Ghana wants to sustain production levels at or above 100,000 barrels per day from the Jubilee field, which required a combined expenditure of almost US$1 billion.

With an estimated 300 million barrels of oil in the Jubilee field, the nation’s prospective prospects are considerably boosted.

The expansion of the TEN field, which contains significant gas reserves, is essential for Ghana’s natural gas production and the stability of the country’s power sector in the coming years, the President added, underscoring the government’s determination to entice more investments from partners in the project.

Related Posts

Aviation Products Liability Insurance: Protecting Manufacturers

Aviation products liability insurance is a specialised type of insurance designed to protect manufacturers of aviation products from liability claims arising from defects or malfunctions in their products. This insurance…

Read more

Continue reading
GHACEM’s Price Reduction: A Boost to the Construction Industry

In a significant development for the construction industry and consumers, GHACEM has reduced the price of its cement from GHS 120 to GHS 82 per bag. This substantial price drop…

Read more

Continue reading

You Missed

Aviation Products Liability Insurance: Protecting Manufacturers

  • By djfly
  • May 19, 2025
  • 4 views
Aviation Products Liability Insurance: Protecting Manufacturers

Airport Insurance: Protecting the Hub of Aviation

  • By djfly
  • May 19, 2025
  • 5 views
Airport Insurance: Protecting the Hub of Aviation

Airline Insurance: Protecting the Skies

  • By djfly
  • May 19, 2025
  • 6 views
Airline Insurance: Protecting the Skies

GHACEM’s Price Reduction: A Boost to the Construction Industry

  • By djfly
  • May 19, 2025
  • 32 views
GHACEM’s Price Reduction: A Boost to the Construction Industry

‘I Am Not Gay, and I Will Never Be

  • By djfly
  • May 18, 2025
  • 32 views
‘I Am Not Gay, and I Will Never Be

Nana Agradaa Sued for Defamation Over Comments About Gifty Adorye

  • By djfly
  • May 17, 2025
  • 85 views
Nana Agradaa Sued for Defamation Over Comments About Gifty Adorye