Book on Ghana’s first major oil discovery launched

‘In pursuit of Jubilee’, a true story of the first major oil discovery in Ghana, is a 361-page book which chronicles circumstances that led to Ghana’s first discovery of oil in commercial quantities and events that unfolded afterwards

Author of the book, George Yaw Owusu disclosed that he went through a riveting experience after Ghana struck oil in June 2007.

He said ‘In pursuit of Jubilee’ is a tale that shakes the foundation of loyalty but at the same time keeps it intact for God and country.

George Owusu said before an oil could pump in Ghana, he was hit with firestorm when government launched a criminal investigation against him in the process of bringing the nation’s fledging oil industry to chaos and plunging his life into a nightmare. He however sailed through with the experience being the motivating factor in writing book ‘In the pursuit of Jubilee’.

The launch was attended by former Minister of Trade and Industry, Ekwow Spio-Garbrah, Nanayere Gifty Anti, Nana Ansa Kwaw, Kwame Sefa Kayi and many others.

George Owusu noted that he would give the proceeds of the launch to charity.

Over the past two decades, Mr. Owusu’s work has engaged leading international companies and business decision makers toward developments in Africa. “I’m humbled by this recognition by my fellow Ghanaians,” he added. “I’m glad to be able to contribute the Ghana community in Houston, and I look forward to helping build Ghana.” Houston remains the pivotal hub for global oil and gas activities, and provides an opportunity for Ghana to continue its engagement with oil companies and oilfield service companies in the region.

Mr. Owusu is currently the principal at Mansa Capital, an international private equity firm. Together with his wife, Angelina, the couple also run the George and Angelina Owusu Foundation, a non-profit focused on various initiatives in education, healthcare and economic development in Ghana.

Mr. Owusu spent nearly three decades of his professional career as an environmental scientist and also actively seeking to attract foreign investment into Ghana’s oil industry. Mr. Owusu and his E.O. Group played a key part in Ghana’s oil discovery in 2007. The 60-kilometer offshore Jubilee Field located between the Deepwater Tano and Cape three Points blocks remains one of the largest offshore oil discoveries in West Africa to date and has become a major source of revenue for the West African nation of Ghana.

After the showing of a documentary about Mr. Owusu’s involvement in Ghana’s Jubilee Field, the crowd gave him a standing ovation after which he accepted the award and shared his hope for Ghana’s future, and his commitment to making a difference in the United States, Ghana and other parts of the world. “I am a product5 of Ghana, and of this community,” he said. “For everything I have been fortunate to achieve and help my country achieve, I am particularly hopeful that I can encourage others to do the same.”