Tullow Ghana - Ghana News Express

Some 300 workers from 50 indigenous companies have been trained on the 17 Sustainable Development Goals (SDGs) as part of a business academy partnership initiative between Tullow Ghana Ltd and the Petroleum Commission. The two-day comprehensive workshop was conducted under the Tullow Supplier SDG Readiness Programme. The programme was to empower workers in various divisions of indigenous Ghanaian oil and gas companies to integrate environmental, social, and governance (ESG) practices into their operations. The workers of the 50 companies selected would help with the implementation of SDG strategies into their respective business operations over a two-year period. It included best practices on carbon capture and supply chain management, along with measurable S...

The International Chamber of Commerce (ICC) has ruled in favour of Tullow Ghana in a high-stakes tax dispute with the Ghana Revenue Authority (GRA). The issue was on the application of Branch Profit Remittance Tax (BPRT) on Tullow Ghana's operations. The ICC Tribunal concluded that Branch Profit Remittance Tax does not apply to Tullow Ghana under the tax framework stipulated in its Deepwater Tano and West Cape Three Points Petroleum Agreements, which govern operations in the Jubilee and TEN oil fields. This decision absolves Tullow Ghana of a $320 million tax liability previously assessed by the GRA and ensures the company faces no future exposure to BPRT under the agreements. The ruling underscores the binding nature of the Petroleum Agreements, which form the lega...

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Tullow, Petroleum Commission boost indigenous businesses for sustainable growth

Tullow Ghana wins $320 million tax dispute with Ghana Revenue Authority