The social and economic intervention project is aimed at building the capacity of households in the catchment area of the company.
The ultimate goal of the oil and gas company is to provide sustainable and alternative sources of income to the communities whose income and economic wellbeing are being impacted negatively by the oil industry activities.
The negative impact is particularly visible in the sea, based on the offshore operations of the oil companies said to be hampering fishing expedition along these six coastal districts.
The co-ordinator of the Livelihood Empowerment Project and Social Performance Advisor of Tullow Oil Ghana, Mrs Korkor Ohene-Gyan, made this known during a press soiree organised by the company for selected journalists in the Western Region on Wednesday.
She disclosed that at least 250 households in the six coastal districts are currently benefiting from the project while many more households are being programmed to be enrolled subsequently.
She said the company has recognised the decline in fishing activities and how its operations could be affecting fishing expedition, hence the intervention to offer an alternative source of income generation for the communities.
According to Mrs Ohene-Gyan, cassava processing, animal husbandry (piggery), and vegetable cultivation are the first projects that have been selected for the beneficiary households.
Tullow Ghana has also indicated that as part of its holistic social and education support programme, kindergartens have been developed for 20 communities in the country, with emphasis on the coastal districts making up the oil enclave.
Local companies daring to secure contracts in the oil and gas industry, according to the Managing Director, Charles Darko, have equally had the opportunity of winning contracts as part of the local content development being applied by the company and its stakeholders, including Ghana government.
Currently, the company says it is supplying Ghana National Gas Company (GNGC) with free gas to process for onward supply to the main power producer, Volta River Authority (VRA), instead of flaring.
But the company, he said, cannot guarantee if that arrangement can continue as Ghana heads towards the development of the national gas economy to power industry with the gas master plan developed by Ghana government and industry players.
Addressing the pertinent issues surrounding the collapse of Enterprise Development Centre (EDC), an institution established by the Government of Ghana for the training and empowerment of local contractors and project managers, he said Tullow and Jubilee Technical Training Center (JTC) provided the initial funding to strengthen the institution to offer soft skills for young entrepreneurs and contractors.
According to the company, the Government of Ghana is currently looking for alternative funding sources to keep the institution active, with Ghana National Petroleum Company (GNPC) playing the role of a moderator.
The Ghana Institute of Management and Public Administration (GIMPA) took over the management of the EDC on a six-month contract subject to renewal, but nothing concrete has since been done to keep the vibrant institution running effectively as it used to when it was established by government.