Ghana: Gov’t To Construct Mini-hydropower Plants Across The country — Amewu

Michael Creg Afful
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Ghana: Gov’t To Construct Mini-hydropower Plants Across The country — Amewu
The Government of Ghana plans to construct mini-hydropower plants across the country to boost power supply from the national grid. Energy Minister of the West African country, John-Peter Amewu who gave the hint said the country was migrating to mini-hydropower plants as a source of power supply for communities when the national grid was off. Mr. Amewu said this when he inspected the completed works on Tsatsadu micro-hydropower project constructed by Bui Power Authority (BPA) at Alavanyo-Abehenease in the Volta Region which due for commissioning. Mr. Amewu was accompanied by CEO of Bui Power Authority Mr Fred Oware, Director in-charge of Renewable Energy at the Ministry of Energy Mr Wisdom Ahiataku-Togobo as well as some officials of Bui Power Authority. He said construction of more mini-hydropower plants would make renewable energy become a ‘sizeable proportion’ of the country’s energy mix. The Minister said the power plants would also serve as a learning centre for students to gain more knowledge on the generation of mini-hydro power in the subregion. Mr John Peter Amewu who also called on Rev. Fr. John Duah Prempeh, SVD, in-charge of the Foyer De Charite, a prayer and tourist centre in Alavanyo-Abehenease assured that the road to the centre would be fixed to attract more tourists. Chief of Alavanyo-Abehenease, Togbe Komla Kunde V,  lauded government for the project, which would supply power to the community.
Chief of Alavanyo-Abehenease, Togbe Komla Kunde V
He asked the government to construct the road from the community to the Tsatsadu Generating Station and also build hostels in the community to serve as accommodation for students who would visit the power station for research.    

Ghana: Oil Marketing Companies’ Umbrella Body Interacts With Journalists (Photos)

Michael Creg Afful
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Ghana: Oil Marketing Companies’ Umbrella Body Interacts With Journalists (Photos)
Oil Marketing Companies in the Republic of Ghana have organised a maiden media engagement in the West African country to interact with the inky fraternity. The event was to explain to the media the operations of the OMCs which has Association of Oil Marketing Companies as its umbrella body. In a brief remarks, Chairman of the Association of Oil Marketing Companies, Johnny Blagogee stated that the meeting would be a regular one in order to consolidate the existing bond between the media and the OMCs Industry coordinator Mr Kwaku Agyeman-Duah took journalists through a presentation which touched on progress, emerging challenges and the way forward. Vice President of the association and CEO of Petrosol, Mr Michael Bozumbil noted that oil marking companies are major contributors of the Ghanaian economy. He said apart from the huge taxes they pay to the government, they are also supporting the tourism industry because the washrooms in their outlets are mostly used by tourists who come into the country.            

Congo: ENI CEO Under Probe Over Conflict Of Interest

Michael Creg Afful
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Congo: ENI CEO Under Probe Over Conflict Of Interest
The CEO of Italian oil and gas firm, ENI, Claudio Descalzi is under investigation over a potential conflict of interest in Congo Brazzaville. The Italian company said Descalzi had received a notice from the Milan Public Prosecutor alleging he had failed to disclose links between Eni Congo and Petro Services. An Italian transparency NGO, Re:Common, has previously highlighted apparent links between Descalzi and Petro Services. The NGO has said Petro Services shares a PO Box with Elengui, a company owned by Descalzi’s wife, Marie Magdalene Ingoba. Eni said it had concluded an investigation into these accusations a year ago. The probe had been referred by the Control and Risk Committee and the Board of Statutory Auditors to external independent consultants. The company said the finding had “excluded any breaches and behaviours in favour or against Eni, aimed at benefitting service suppliers (and in particular Petro Service, for the relevance of this case.)” Re:Common asked questions on the Petro Services affair at Eni’s shareholders’ meeting in May 2018. The group quoted Eni officials as having said, at the 2017 meeting, that there were no contractual ties with Petro Services or the OSM Group to date. OSM was in a joint venture with Petro Services. At that point the statement was correct, with the last invoice to Petro Services having been paid in February 2017. Up to that point, though, Eni Congo had paid around $104 million to the company. Eni has said that tenders won by Petro Services had taken place competitively and followed tendering procedures. “I firmly reject the alleged accusation. It is without any foundation. The transactions between Eni Congo and the company [Petro Services] were never the subject of my consideration and decision, as fully outside my role,” Descalzi said. “I am totally certain that I have always behaved lawfully, in an honest way, in the interest of the company and of its shareholders. I am confident I will be able to demonstrate that, beyond any reasonable doubt,”energyvoice.com quoted Descalzi. “Descalzi is the latest and most senior Eni executive that has been linked to the Congo probe,” Global Witness’ oil researcher Natasha White told Energy Voice. “This is the same prosecutor’s office that is working on the OPL 245 case in Nigeria, although the Congolese case has not reached the charges stage. There is a similar pattern to the Nigeria story, though, with local partners linked to politically exposed people and now conflicts of interest. We’ve seen repeated denials and subsequent backtracks or shifts in position. This news suggests these issues go right to the top of Eni’s management and should be very concerning for Eni’s investors.”    

Petrobras To Reduce Mountain Of Debt, To Focus On Deepwater Oil

Michael Creg Afful
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Petrobras To Reduce Mountain Of Debt, To Focus On Deepwater Oil
Board of Brazil’s national oil company, Petrobras has approved an update to its plan for the next five years that is expected to call for the state-run oil and gas com pany to dump its gas distribution and transport business, its fertilizer business, and its LPG and biodiesel business, according to media reports. Instead, Petrobras will focus on two things in the coming years: shrinking its debt load and deep water—and ultradeep water—oil exploration and production. It hopes to reduce its debt load in part by increasing productivity and lowering costs through digital transformation. The rest will be achieved by unloading unwanted assets. “The goal now is to be the best energy company adding value for shareholders, with a focus on oil and gas and security, respecting both people and the environment,” Petrobras said. For gas, Petrobras will focus on selling its own gas only, bowing out of the gas distribution and transport elements altogether. Brazil’s Chief Executive Officer Roberto Castello Branco said in January after taking office that he would focus on reducing debt, selling assets, and cutting costs. Petrobras has already curbed its debt load to a substantial degree, and at the end of 2018, Petrobras had cut its down by 18% to land just shy of $70 billion. Its debt load in 2015 stood at $100 billion. It achieved this reduction in debt in part by offloading assets, including 90% of Transportadora Associada de Gás, the sale of which was finalized in June. Prior to its debt-reduction efforts, Petrobras was the world’s most indebted oil company. That torch has since been passed onto Pemex, which carries more than $100 billion in debt. Another thing Petrobras will not be focusing on over the next five years are renewables, focusing instead on things that will generate returns for its shareholders. Petrobras has planned to invest almost $70 billion on oil and gas exploration and production through 2023, according to the company’s website.  

Meralco Plans To Pull Out Of ECG/PDS Concession Over Unhealthy Politics

Michael Creg Afful
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Meralco Plans To Pull Out Of ECG/PDS Concession Over Unhealthy Politics
Manila Electric Co. (Meralco) has hinted of plans to pull out its investment in Ghana’s power distribution sector if the political situation in the West African nation does not improve, a top official  of the company has told The Philippine Star. “We’re still waiting for developments. It’s a Ghana government issue,” Meralco president and CEO Ray Espinosa said. According to Espinosa, Meralco is exposed to political risk following the suspension of  Power Distribution Services Ghana Limited which has a concession agreement with Electricity Company of Ghana(ECG). “The terms are good, but if we will be exposed to these types of uncertainties, we might as well pull out and just devote our attention to the country. And even in Asia, it’s more stable. Maybe we don’t have the DNA for that kind of risk in Africa yet,” The Philippine Star quoted Espinosa as saying in a story published on its website on September 23, 2019. Last July 31, Ghana suspended the concession for the operation and maintenance of the assets and facilities of the Electricity Company of Ghana (ECG) awarded to the Power Distribution Services Ghana Ltd. (PDS). PDS is a consortium between Meralco through Meridian Power Ventures Ltd. (30 percent), Angola-based firm AEnergia SA (19 percent), and three Ghanaian firms namely TG Energy Solution Ghana (18 percent); GTS Engineering Ghana Ltd.  (10 percent), and TBK Ghana Ltd. (10 percent). The suspension order was due to alleged ‘fundamental and material’ breaches in the provision of the demand guarantees by PDS, which were key prerequisites for the turnover   of the assets and facilities. But a week after the suspension, ECG and PDS agreed on an interim arrangement where the Meralco-led consortium would still continue activities related to the retail of electricity to ensure continued power supply and service to consumers. These activities include meter reading, billing, distribution of bills, bill reconciliation, revenue collection and new service connections. It would also still be responsible for disconnections and reconnections, faulty meter replacements, network faults and repairs, complaints and fault reporting to the call centers, and any other related service. The Meralco-led PDS signed the concession agreement with ECG on March 1, a year after Millennium Development Authority (MiDA) chose Meralco as the preferred bidder for private-sector participation in ECG and the Parliament of Ghana approved the 20-year concession agreement. Under the agreement, ECG’s assets would be leased to the PDS while the ECG would become an asset holding company. Meralco said the PDS Consortium has planned to invest over $580 million for capital expenditures to strengthen the governance, management and operations of the ECG and improve the delivery of power to end users as well as support Ghana’s socio-economic growth. After the end of the concession, all assets would be transferred back to ECG, it said      

Ghana: Energy Minister Inspects Tsatsadu Micro Hydropower Project ( Photos)

Michael Creg Afful
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Ghana: Energy Minister Inspects Tsatsadu Micro Hydropower Project ( Photos)
The Minister for Energy in the Republic of Ghana, John-Peter Amewu, on Friday, paid a working visit to inspect a micro hydropower project  situated on the Tsatsadu River at Abehenease in the Hohoe Municipality in the Volta Region. He was accompanied by the CEO of Bui Power Authority (BPA), Mr Fred Oware, and Director for Renewable Energy at the Ministry of Energy, Mr Wisdom Ahiataku-Togobo. The visit was to enable the minister and the entourage see the state of the facility ahead of commissioning by the President early next month.    

Ghana: 1,179 Persons Certified As Electrical Wiring Professionals

Michael Creg Afful
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Ghana: 1,179 Persons Certified As Electrical Wiring Professionals
Ghana’s Energy Commission has certified about 1,179 electrical wiring persons after successfully undergoing the commission’s electrical wiring professional course. The 1,179 persons formed part of the 1,492 candidates who sat for the commission’s electrical wiring examination nationwide in the West African country.
Rev. Oscar Amonoo-Neizer, Acting Executive Secretary of Energy Commission presenting certificate to one of the CEWP members
This means 313 persons failed the commission’s examination. Out of the number that passed, 868, representing 73 percent, studied domestic electrical wiring, 267, representing 22 percent, studied commercial electrical wiring class, 29 students, representing 2.4 percent, studied industrial wiring and 15 students, representing 1.2 were inspectors. This brings the total number of Certified Electrical Wiring Professionals (CEWPs) and inspectors to 8,980 nationwide since the inception of the electrical wiring professional course in 2013. The acting Executive Secretary of the Energy Commission, Rev. Oscar Amonoo-Neizer commended the participants for undertaking the training and getting certified. The role of Certified Electrical Wiring Professionals (CEWPs) cannot be underestimated especially in the face of dwindling world energy resources, the high cost of energy and its attendant problem of global warming. It is for this reason the Energy Commission is mandated and strategically positioned to promote energy efficiency and the use of renewable energy technologies in Ghana. “We’re grateful that you have joined us on this successful journey and it is my singular honour to extend a hearty hand of welcome to you all,” he said. President of Certified Electrical Wiring Professionals Association of Ghana, Wisdom Gakpo noted that the whole world is consistently reforming in renewable energy and Ghana is no exception.
Prof. Hagan, Board chairman of Energy Commission presenting certificate to CEWP member
He said the current trend present great opportunities for the electrical wiring professionals to explore and get themselves trained into solar photovoltaic system designing and installations. “I encourage you to spend money to acquire knowledge on this, in addition to your electrical installation work,” he advised. Head of Electrical Wiring Secretariat at the Energy Commission, Stephen N-ebe Yomoh charged the electrical wiring professionals to be of good behaviour, warning that their certificate could be withdrawn if they acted in a way that is contrary to the profession.        

African Energy Chamber Opens Applications for 2020 Africa Energy Fellowship Program

Michael Creg Afful
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The African Energy Chamber will be launching its first Fellowship Program in 2020. Applications are open throughout October 2019, for a one-year program that will start in January 2020. In line with its growing international cooperation, the African Energy Chamber will be welcoming young professionals from across Africa, North and South America, Asia and the Middle East to join its office in Johannesburg for 12 months. The Fellows will be provided with an opportunity to apply analytical skills on concrete challenges and problems across the energy sector, and an opportunity to specialize in upstream oil & gas and local content development. They will be working in collaboration with the Chamber’s dedicated oil and gas sector advisors and experts located around sub-Saharan Africa, and help deliver research and consulting projects that address on-the-ground challenges faced by Africa’s oil & gas sector. “Our range of partners from across government agencies, national and international oil companies, Oil service companies, investment banks and institutional investors offer the perfect network and ecosystem for a young professional to develop herself or himself and grow as a leader,” declared NJ Ayuk, Executive Chairman at the African Energy Chamber and CEO at the Centurion Law Group. “We are truly excited to get this fellowship program started and see it grow over the coming years. Ultimately, our goal is to contribute to training and nurturing the next generation of energy leaders by bringing on board any young people willing to grow and contribute to the development of Africa’s energy industry” Selected fellows will be joining the African Energy Chamber for 12 to 16 months and join a team that provides comprehensive and thought-provoking research on the African oil & gas industry and energy sector at large, along with critical support to local content development programs across the continent. A large part of the roles will focus on sharing and presenting data and informed views to the Chamber’s partners and the industry, and developing the right capacity building programs to institutional and private parties across the continent. The 2020 Fellowship Program will be focusing on the following key aspects of the value-chain: upstream oil & gas, midstream, downstream and local content. Interested applicants should send their resume at the soonest to [email protected] and highlight the contribution they wish to bring to the work of the African Energy Chamber. About the African Energy Chamber:  The African Energy Chamber (https://EnergyChamber.org/) is the largest African energy industry association, gathering companies from across the oil & gas, power and mining value-chains. The Chamber counts over 100 partners from the private, public and financial sectors. With a key mission to make energy work for Africans, the Chamber focuses its efforts on building domestic capacity and developing strong and capable local companies across Africa, and on facilitating regional and international investors’ entry within the continent’s fastest growing energy markets, including Senegal, Nigeria, Angola, Congo, Gabon, Equatorial Guinea, South Africa and South Sudan notably.

Aramco Wants World’s Largest Wealth Funds In On IPO

Michael Creg Afful
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Aramco Wants World’s Largest Wealth Funds In On IPO
Saudi Aramco has approached some of the world’s biggest sovereign wealth funds, including those of Abu Dhabi and Singapore, to participate in the domestic listing, as the Saudis still seek the coveted US$2-trillion valuation for their state oil giant, Reuters reported on Thursday, quoting several sources. Over the past month, Aramco has noticeably accelerated the timeline for the much-hyped listing expected to be the world’s largest initial public offering (IPO) ever. The US$2-trillion valuation that the Saudis seek has been one of the sticking points—together with the international venue for the listing and concerns over transparency of Saudi reserves—in the IPO that has been delayed several times already. Saudi Crown Prince Mohammed bin Salman is reportedly still holding fast to the notion that Saudi Aramco should be valued at US $2trillion, while analysts remain skeptical that the world’s largest oil company is truly worth that much. The banks and advisors Aramco has appointed have held initial contacts with the sovereign wealth funds, the Abu Dhabi Investment Authority (ADIA), Singapore’s GIC, and Bahrain’s Mumtalaka, Reuters’ sources said on Thursday. Amid reports that Saudi Arabia has moved to speed up the listing of Aramco and amid conflicting reports about the impact of the attacks on Saudi oil on what would be the world’s largest IPO ever, one of the latest reports coming out of the Kingdom said on Wednesday that Aramco is set to announce as soon as next month its intention to proceed with the initial public offering. Aramco will officially announce its intention to sell shares on the stock market at some point around October 20, people familiar with the planning told Bloomberg on Wednesday.   The attacks on the Abqaiq facility and the Khurais oil field in Saudi Arabia on September 14 had investors anxious as the Kingdom had just accelerated plans to list Saudi Aramco. The heightened security risks following the attacks and Aramco’s actual ability to restore production could undermine the valuation of the company at this time, analysts believe.  

ExxonMobil To Sell Norway Upstream Operations For $4.5 Billion

Michael Creg Afful
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ExxonMobil To Sell Norway Upstream Operations For $4.5 Billion
US oil and gas supermajor, ExxonMobil has signed an agreement with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. “Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” Neil Chapman, senior vice president of ExxonMobil said. “We’re achieving that by adding the best set of projects we’ve had in many years and divesting assets that have lower long-term strategic value. This sale is an important part of our divestment program, which is on track to meet our $15 billion target by 2021.” The transaction includes ownership interests in more than 20 producing fields operated mostly by Equinor, including Grane, Snorre, Ormen Lange, Statfjord and Fram, with a combined production of approximately 150,000 boepd in 2019. The transaction is expected to close in the fourth quarter of 2019, subject to standard conditions precedent, including customary approvals from regulatory authorities. The majority of the ExxonMobil employees impacted by the sale will transfer to positions at Vår Energi. In 2017 the company sold its ownership interests in the ExxonMobil-operated fields Balder, Jotun Ringhorne and Ringhorne East to Point Resources. The ExxonMobil refinery in Slagen and network of approximately 250 independently owned Esso-branded retail sites are unaffected by the agreement.

Ghana: Let’s Start Scoring Time In Schools, Workplaces To Increase Productivity ― Senyo Hosi

Michael Creg Afful
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Ghana: Let’s Start Scoring Time In Schools, Workplaces To Increase Productivity ― Senyo Hosi
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD) in the Republic of Ghana, Senyo Hosi has bemoaned the culture of lateness in the country. He said the canker which has become an acceptable norm in our societal life has set the country in a fast retrogressive manner towards productivity. Senyo Hosi indicated that time has a cascading effect on everyone, adding that one’s lateness affects another who depends on the other for services to be rendered. According to him, time lost cannot be recovered and nations that invest efforts in time management are able to optimize productivity. “Time is a depleting resource and for any economy to grow it must be effective at optimizing its resources, and time is one of it. So when you act untimely you are throwing away productivity. We must spend more time in optimizing our time in trying to be impactful in our communities,” he stated. He said government must institute a mechanism to tackle people’s attitudes towards time and work. Senyo Hosi urged heads of institutions to score public officers’ adherence to time in order to address the culture of lateness and improve services in our public institutions. “The issue of punctuality is a cultural problem which denies this country the maximum productivity. This problem starts from the house, schools and workplaces,” he posited. He further called on education authorities to introduce time management as a gradable subject in schools to instill a culture of discipline among the youth towards time. “We don’t get nurtured with the right attitude to time. We must start scoring time in our universities. We should teach time and productivity in our tertiary institution. Every universities programme in Ghana should include a subject called Time and Productivity. The economic relationship should be well established and the attitude of students marked in class,” Senyo Hosi emphasized. This, according to him, is a proactive step to inspire a great change in people’s attitude towards time, a call when heeded, will spur productivity and economic growth. Senyo Hosi said this during a short ceremony to endorse the ongoing public education and awareness campaign on punctuality organized by Punctuality Ghana Foundation in Accra. “This project is a fantastic and noble one which must be supported by all to increase punctuality,” he intimated. The Chief Executive Officer of Food And Drugs Authority (FDA) Mrs Delese Mimi Darko, Swiss Ambassador H.E Philipo Stalker, South Korea Ambassador H.E Kim Sungsoo, Japanese Ambassador H.E Tsutumo Himeno, Netherlands Ambassador H.E Ron Srikker, CEO of Volta River Authority (VRA) Emmanuel Antwi-Darkwa, Senior Minister Hon. Yaw Osafo Maafo and others have all endorsed the Punctuality campaign. The Project Coordinator of Punctuality Ghana Foundation, Naa Meryeh Quaynor-Mettle said the endorsement adds to the pool of ideas as to how to execute the campaign with focus on linking punctuality with productivity. According to her, it is a major element much-needed in transforming Ghana towards economic prosperity. She added that a new mindset of change makers are needed to chat the economic revolution as championed by the Foundation committed to the cause of Ghana’s economic transformation on punctuality and productivity. Naa Meryeh Quaynor-Mettle stressed the need for Ghanaians to be disciples of punctuality and productivity, and champion this campaign at their various workplaces.   Source: cbodghana.com

Zimbabwe: 39 Solar Power Projects Approved By ZERA

Michael Creg Afful
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Zimbabwe: 39 Solar Power Projects Approved By ZERA
The Zimbabwe Energy Regulatory Authority (ZERA) has processed 39 solar power projects that have capacity to generate up 1,151.87MW, as the country moves towards renewable energy to increase capacity. The projects are expected to require an investment of over $2.3 billion. In e-mail correspondence with local news The Herald, ZERA’s acting Chief Executive Officer, Eddington Mazambani, confirmed the approved solar projects, six of which are already operational. The authority has so far received and processed a total of 39 solar energy projects, with six of them now functional, two [are] under construction and 31 [are] still to be developed,” Mazambani said. Three of the projects are at concept or pre-feasibility stage, and have capacity to generate 111MW. Twenty-two of the solar projects are at feasibility and technical studies’ level and have capacity to generate 885.1MW. While three projects, with capacity to generate 70MW, are at feasibility or proof of bankability stage. An additional three projects are at funding stage and can generate up to 53.3MW when concluded. There are currently two projects at construction stage with capacity to feed 25MW into the national grid when completed. The six operational solar projects are delivering 7.47MW into the grid. Solar power projects to light up Zimbabwe The interest in investing in solar projects in Zimbabwe comes at a time when rolling power cuts have become the order of the day due to obsolete equipment at thermal power plants and low water levels at the Kariba Dam. Cabinet has since approved the implementation of a large-scale programme to promote the importation, local production of solar equipment and the use of solar power as an alternative energy source. Therefore, special incentives through duty waivers on imported solar equipment are provided. While it shall be mandatory for all new construction projects to be solar-powered. Companies already investing in the country A number of companies such as Matshela Energy, Harava Solar, and Centragrid are working on solar projects to alleviate power shortages, which have impacted domestic and commercial power users. Centragrid, which is based in Nyabira, about 40km from central Harare, has started feeding 2.5MW into the national grid, which can provide power to 1,200 households. Harava Solar expects to commission its 20MW project in December this year. Zimbabwe’s Energy and Power Development Minister Advocate Fortune Chasi has indicated that airports across the country will soon be powered by solar to reduce pressure on grid electricity.      

Navy Hands Over Suspected Illegal Petrol Dealers To NSCDC

Michael Creg Afful
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Navy Hands Over Suspected Illegal Petrol Dealers To NSCDC
Nigerian Navy have arrested seven suspected illegal dealers of Premuim Motor Spirit (PMS) and handed them over to the Nigerian Security and Civil Defence Corps (NSCDC), Lagos command. NSCDC Lagos command spokeswoman, Mrs. Kehinde Bada-Okoli, who disclosed this to newsmen, said the suspects are men. Bada-Okoli, said some of the items recovered from the suspects includes 80 drums of 250 litres of PMS and 100 of 250 liter empty drums. “Other items recovered included two 50 Horse Power (HP) outboard engines, one pumping machine and one 50 HP spare machine,” shipsandports.com.ng quoted her as saying. She said the suspects would be handed over to the appropriate agency for further investigation and prosecution. The NSCDC spokesperson said that the corps would not rest on its oars in carrying out its mandate of protecting critical infrastructure as well as lives and property, towards ensuring a crime-free Lagos. She enjoined the populace to avail the Corps and other security agencies with necessary intelligence information to rid the state of all forms of crimes,” she said.  

Tullow Oil Hopes To Grow Assets By Investing $600M

Michael Creg Afful
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Tullow Oil Hopes To Grow Assets By Investing $600M
UK oil and gas major, Tullow Oil PLC, is hoping to grow its assets base by the close of 2019. This is because the company is earmarking $600 million for investment in high value assets in all its operational areas, energynewsafrica.com can report. As at the end of June this year, Tullow Oil Plc had already spent $264 million on investment. Out of the $600 million it is expecting to spend, $145 million is targeted at finding new oil. The company is also anticipating a cash flow of about $400 million by the end of this year. Meanwhile, Tullow has revised its production target in West Africa in 2019 to between 89-93,000 (bold) The company’s board has also approved $33 million interim dividend in line with capital return policy. These developments were contained in Tullow’s  overview presentation for September 2019  posted on the company’s website.            
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