Tullow Expands Local Crude Sales as Jubilee and TEN Oil Reaches Ghanaian Refineries

Accra, October 7, 2026 — Tullow Oil has begun selling crude produced from Ghana’s Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields to domestic refineries, opening a stronger commercial link between the country’s upstream oil production and local fuel processing industry.

The development marks a significant shift in the marketing of Ghana’s locally produced crude, with more of the country’s oil potentially being processed domestically rather than being directed entirely toward export markets.

Tullow Chief Financial Officer Richard Miller disclosed the development during a virtual investor meeting on the company’s half-year results. He said the first cargo under the arrangement was sold earlier this year to Sentuo Oil Refinery.

Miller described the development as a major achievement for Ghana’s oil industry and stressed that the transaction was conducted on a commercial basis. He also pointed to Sentuo’s increasing role as a buyer of crude from Ghana’s oil-producing partnerships.

Boost for domestic refining

The move comes as Ghana seeks to strengthen its domestic refining capacity and reduce the country’s dependence on imported petroleum products.

In June, locally produced Jubilee crude arrived at Sentuo Oil Refinery in Tema for domestic processing. The government described the development as an important step toward retaining more value from Ghana’s petroleum resources within the country.

The arrangement gives Ghanaian refineries access to locally produced crude while creating an additional commercial outlet for Tullow and its partners.

For the domestic industry, increased access to Ghanaian crude could help support refinery utilisation, strengthen supply chains and contribute to the broader push for greater energy security.

Tullow expects more crude liftings

Tullow is also projecting increased crude-lifting activity during 2026.

The company expects to lift 14 cargoes this year, comprising 11 cargoes from Jubilee and three from the TEN fields. Six cargoes had been delivered during the first half of the year, with eight more planned for the second half.

Tullow remains the operator of both the Jubilee and TEN fields. Its current participating interest is 38.98% in Jubilee and 54.84% in TEN, alongside partners including Kosmos Energy, GNPC and PetroSA.

Longer-term outlook for Ghana’s oil sector

The development also comes against the backdrop of renewed investment in Ghana’s offshore oil industry. In February 2026, Ghana’s Parliament ratified extensions of the petroleum agreements covering Jubilee and TEN through December 2040.

Tullow has said its Ghana operations remain central to its strategy, with additional drilling and development work planned across the Jubilee and TEN fields.

The company’s latest move to supply domestic refineries therefore represents more than a single crude transaction. It could become part of a broader effort to connect Ghana’s offshore production with domestic industrial activity, potentially allowing the country to capture more value from its oil resources.