Tullow Oil CEO says company interested in new blocks off Ghana's coast

Tullow Oil's CEO Paul McDade said that the company is interested in new oil blocks off Ghana's coast

Tullow OilThe company currently operates two oilfields off Ghana's coast. (Image source:Utenriksdepartementet UD/Flickr)

"We as a company want to consolidate our presence in Ghana after our investments in Jubilee and TEN (Tweneboa, Enyenra, Ntomme). We don’t want to stop there but keep growing,” McDade told reporters in Accra, where he was meeting investors.

“We’d like to go and look at the new licenses being opened, we’d look at them from a geological point of view and if we find them attractive, you’d find us bidding for them,” he said, according to a Reuters report.

Tullow currently operates the Jubilee and TEN oilfields off Ghana's coast.

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