Jubilee Tertiary Scholar Aid

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ABOUT US

WHO WE ARE

The Jubilee and TEN Joint Venture Partners have a long-term outlook on developing the oil and gas industry in a way that is both profitable for all stakeholders and delivers sustainable growth into the future. At the community level, the Partners seek to manage real and perceived impacts first and build on that with strategic interventions that support the building of resilient communities long after oil and gas activities have ended. Education is a fundamental right recognized across many countries—the United Nations Education, Social, and Cultural Rights Convention being just one example of this recognition. It provides individuals, particularly the underprivileged, with the necessary tools they need for success in life. Education has already enabled members of those communities to succeed above and beyond expectations. Education is more than simply learning facts or skills. It provides individuals with the knowledge they need to make informed decisions, empowering them and giving them the tools necessary to take care of themselves and succeed in life.

The Partners introduced the Scholar’s Aid Project to provide scholarships for children from fishing communities attending senior high school. The scholarship provides financial and psychosocial support to children within the Partners’ area of influence in the Western Region. Through an effective governance structure and administrative regime, a minimum of 300 junior high school graduates across the coastal belt of the Western Region are awarded the scholarship yearly. A total of 1,200 underprivileged children from the fishing communities have benefited from the scholarship since its inception four years ago. The Project seeks to provide financial support for graduates of the Scholar’s Aid Project and others from the fishing communities to pursue further studies at the tertiary level. The scholarship will cover students from universities, nursing, and teacher training colleges.

OVERVIEW OF PARTNER COMPANIES

TULLOW OIL PLC

Tullow Oil plc is an independent oil and gas exploration and production company with a strong focus on Africa. The company has grown to become a significant player in the energy sector in Ghana. Tullow has a deep understanding of the African energy landscape, having successfully operated in various countries across the continent (Ghana, Cote d’Ivoire, Gabon, Kenya, etc.). This knowledge has been instrumental in their exploration and development activities. The company’s core business is the exploration and development of oil and gas fields. They utilize advanced technologies and techniques to identify promising prospects and bring them into production. Once a field is developed, Tullow oversees the production of oil and gas, ensuring efficient operations and maximizing output. The produced hydrocarbons are then sold to customers, primarily refineries and power plants.

STRATEGY

Operational Excellence: Prioritizing safety, sustainability, and employee empowerment to achieve top-tier performance.

Capital Efficiency: Focusing on cost discipline, investor returns, and debt reduction.

Business Growth: Leveraging existing assets, expertise, and partnerships to identify and develop profitable opportunities.

MISSION

To build a better future through responsible oil and gas development

VISION

To be the leading global independent exploration and production company

STRATEGY

To generate value for all stakeholders

VALUES

  1. Aim high
  2. Own it
  3. Balance innovation with structure and diligence
  4. Deliver results with focus and intention

KOSMOS ENERGY

Kosmos Energy is a publicly traded company that operates in several countries, including Ghana, Equatorial Guinea, and the United States. They are focused on exploring, developing, and producing oil and gas resources.

Key points about Kosmos Energy:

  • Ghana Operations: Kosmos Energy has a significant presence in Ghana, where they are involved in the Jubilee Field and the TEN fields. These fields have contributed significantly to Ghana’s energy independence and economic development.
  • Diversified Portfolio: Beyond Ghana, Kosmos Energy has a diversified portfolio of assets, including exploration and production activities in Equatorial Guinea and the U.S. Gulf of Mexico. They also have a promising gas development project in Mauritania and Senegal.
  • Sustainability: Kosmos Energy is committed to operating in a responsible and sustainable manner. They prioritize environmental protection, social responsibility, and governance in their operations.
  • Partnerships: Kosmos Energy often collaborates with other companies and governments to develop and operate their projects. These partnerships leverage the expertise and resources of multiple parties to achieve common goals.

Overall, Kosmos Energy is a leading player in the global energy market, with a strong focus on exploration and production in proven basins. Their operations in Ghana and other countries contribute to the development of sustainable energy resources and support economic growth.

STRATEGY

Increase the value of its assets and expand its operations in order to benefit its stakeholders.

VISION

  1. To reduce emissions
  2. Contribute to development
  3. Create value for stakeholders

VALUES

  1. Ethical conduct: Kosmos Energy is committed to ethical business practices, including respecting labor rights, preventing child labor, and ensuring contractor compliance.
  2. Positive impact: Kosmos Energy aims to create a positive impact in the communities where it operates, through employee development, teamwork, creativity, and inclusivity.

GNPC

The Ghana National Petroleum Corporation (GNPC) is a state-owned company responsible for managing Ghana’s petroleum resources. Established in 1983, it plays a crucial role in ensuring a reliable supply of petroleum products and contributing to the country’s economic development. GNPC’s responsibilities include petroleum exploration and production, acting as the national gas aggregator, overseeing regulatory compliance, building capacity, and promoting social and economic development. It partners with international oil companies to develop Ghana’s offshore oil and gas fields and works to ensure the efficient supply of natural gas to various industries. Additionally, GNPC plays a strategic role in promoting Ghana’s energy independence and diversification.

MISSION

To lead the sustainable exploration, development, production and disposal of the petroleum resources of Ghana, by leveraging the right mix of domestic and foreign investments in partnership with the people of Ghana.

VISION

To be a leading global oil and gas company, whose operations have a profound impact on the quality of life of the people of Ghana

VALUES

  1. Health, Safety, and the Environment: Prioritizes protecting people, assets, and the environment.
  2. Respects Talent: Recognizes and develops the talents of its employees.
  3. Encourages new ideas and innovative approaches.

PetroSA

PetroSA is South Africa’s national oil company, involved in various aspects of the petroleum industry. It explores for and produces oil and gas, converts natural gas into synthetic fuels using GTL technology, develops refining infrastructure, and markets oil and petrochemicals. PetroSA’s Sable oilfield is a significant asset located offshore South Africa. The company contributes to the South African economy through taxes, dividends, and its support of national petroleum industry objectives. PetroSA is actively involved in Ghana’s oil and gas industry, with operations in the Jubilee and TEN fields. These fields produce a combined average of 116,000 barrels of oil per day (bopd). Additionally, PetroSA exports sale gas under an Interim Gas Sale Agreement. The company has formed partnerships with several Ghanaian entities, including TALO, GNPC, and COSMOS. PetroSA is also focused on developing infrastructure to enhance trading and distribution networks within Ghana.

VISION

To be the leading provider of sustainable, affordable and quality hydrocarbon-based energy for the benefit of all South Africans whilst ensuring a balanced transition towards cleaner energy.

MISSION

To unlock and realise commercial value from the national hydrocarbon endowment; and To enable and supply competitive, efficient South African energy markets and transition to low carbon energy whilst ensuring energy security of supply; and that, We do this responsibly having a high focus on our people, our environment, and the economy of South Africa.

VALUES

Stewardship

Honesty

Integrity

Respect

Transparency

EXPLORCO

EXPLORCO is a subsidiary of the Ghana National Petroleum Corporation (GNPC) established in 2014 to serve as a strategic vehicle through which GNPC intends to build rapid local capacity and technology transfer as well as attain the goal of a world-class operator.