Anadarko, the US oil group, and its partners Woodside of Australia, Repsol of Spain and Tullow Oil of the UK, yesterday confirmed they had found a new offshore oil region from Sierra Leone to Ghana in which they expect to discover more huge oil fields in the next five years.
The announcement was made based on positive drilling results from the Venus well off the coast of Sierra Leone, 1,100km from Ghana's Jubilee field, Africa's largest deep-water field.
“The chance of there being at least one more Jubilee-sized field along the coast between Ghana and Sierra Leone has greatly increased,” said Aidan Heavey, Tullow chief executive.
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