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New wells at the Jubilee field will lift output in 2023, while the Pecan field offers longer-term prospects if development can be progressed
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Tullow continues search for Kenyan project partner
The Anglo-Irish independent is looking for more buy-in to progress its Lokichar/Turkana development
Ghana’s downstream goals remain distant
The country is seeking investors to fund the rehabilitation of its only oil refinery, while confusion continues about plans for a new plant
Tullow Oil expands Ghana ownership
The Anglo-Irish independent will pre-empt former partner's divestment
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Ghana
Ian Lewis
25 January 2019
Follow @PetroleumEcon
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Ghana starts to think big

Big international energy firms’ interest in Ghanaian upstream acreage bolsters hopes for the future

Mohammed Amin Adam, Ghana's minister of energy in charge of petroleum, is confident that the country's energy sector is on the brink of something big. He says the country can expand oil production from 180,000–-200,000bl/d now to 500,000bl/d within six years, and is targeting up to 1mn bl/d beyond that. But getting there will need both established ones and new operators to follow through on exploration and production plans. And Adam knows that will not be easy in an increasingly competitive African marketplace. International oil companies' spending may be rising, but still remains below pre-2014 oil price slide levels. Ghana has built on the success of UK independent Tullow's Jubilee field—d

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