What we do
Tullow is focused on unlocking value from oil and gas resources in Africa.
Our purpose
To build a better future through responsible oil and gas development.
Contributing to Africa’s energy future
Partnering with host nations
We believe Africa has potential to play a growing role in the energy supply mix and the right to benefit from its natural resources.
40%
of global new gas discoveries in the last decade were in Africa1
Sharing prosperity
We deliver economic and social benefits that boost local economies and support current and future generations.
$6 billion
revenue to Government of Ghana from 2010 to 2022 from Jubilee and TEN
Supporting a just transition
We are on track to reduce emissions while meeting energy demand and helping reverse energy poverty.
Our Net
Zero
by 2030 strategy
Harnessing opportunities
We are a responsible developer and well placed to be a steward of Africa’s material resource base.
>30 billion
bbls
proven resources in West Africa2
1. Source: www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/110821-africa-embraces-gas-in-energytransition-debate-amid-fears-of-secure-supplies.
2. Source: www.welligence.com. Welligence proven resources include producing and undeveloped resources.
Our strategy
We are working to create a resilient business which gives us full flexibility to unlock value from our existing resources and take advantage of organic and inorganic value-accretive opportunities.
Capital efficiency
Maximising asset performance through safe, efficient and reliable operations.
Operational excellence
Managing cost and capital to deliver a robust balance sheet with financial flexibility.
Business growth
Developing discovered resources, near-field and infrastructure-led exploration and securing value-accretive opportunities.
Our values
Aim high
- Have a growth mindset and adapt to change.
- Seize every opportunity to learn and improve.
- Work together to uncover greater impact for our business, stakeholders, and the communities we work with.
Own it
- Take ownership and empower others through trust, clear expectations, and open communication.
- Balance innovation with structure and diligence.
- Deliver results with focus and intention.
Be true
- Promote an inclusive and fair environment where all are supported, and every voice and contribution is recognised.
- Act responsibly, with safety as a fundamental, non-negotiable aspect of our work.
- Do what is right.
Our operations
Our operations are centred on our West Africa producing assets in Ghana, Gabon and Côte d’Ivoire. We also have a material discovered resource base in Kenya.
Our people
Our people strive for excellence in an inclusive and diverse environment. We are fostering a culture of continuous improvement and we are committed to ensuring every individual feels recognised, respected and proud of the impact they make.
Sustainability
Tullow is deeply committed to building a better future through responsible oil and gas development.
- Create jobs
- Develop capacity in parts of the national workforce
- Create local business opportunities
- Encourage foreign direct investment through our international supply chain
We also recognise that paying our taxes in our countries of operation is an important commercial, legal and moral obligation. Tullow not only supports this obligation but is transparent about what tax payments we make.