Global Upstream Energy Update 2023

Increased activity levels are bolstering the premium pool
The premium base has increased due to the influx of constructions this year compared to the previous four or five years. This is due to a more stable oil price at US$80-90 levels, compared to the COVID-19 level of US$30-35. During the preceding low oil price environment, many projects were delayed but we have seen project activity restart over the last year, as governments are increasingly focussing on domestic energy security.

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Tullow Ghana’s enduring local impact: A legacy that keeps on giving

The Best Western Atlantic Hotel in Takoradi was the scene for this year’s Local content conference organised by the Petroleum
Commission of Ghana.
Key players in the oil and gas sector will tell you it’s a big deal on their annual calendars. It is a show-and-tell time for these companies to tout their achievements in local capacity contribution to the oil and gas sector, and to also project into the future.
Tullow Ghana’s enduring local impact

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