No oil company is funding road projects in Sekondi-Takoradi – Minister
Mr. Paul Evans Aidoo, the Western Regional Minister, has said it was not true that some oil companies in the Region are funding the rehabilitation of some arterial roads in…
Oil & Gas
Maersk Drilling secures $545m Ghana gas contract from Eni
Maersk Drilling says it has secured a $545 million contract from Eni Ghana Exploration and Production. According to Maersk Drilling, Eni Ghana would use its new-build drillship Maersk Voyager on…
Tullow Oil shares fall on fears of Ghana-Ivory Coast boundary dispute
Tullow Oil shares fell following the re-ignition of a maritime boundary dispute between Ghana and western neighbor Ivory Coast. Shares in Tullow fell 30p, about 7.7 percent on concern the…
Oil find not responsible for dwindling marine sector – Research
A research conducted by Acorn International, a US-based research group in conjunction the Environmental Protection Agency and Kosmos Energy has shown that the oil and gas sector is not to…
Minority accuses GNPC of spending illegally
The Minority in Parliament on Friday charged the Ghana National Petroleum Corporation (GNPC) of spending outside an approved budget, indicting government of complicity in an illegality against the state. They…
Ghana Supply chain builds linkages for oil sector
Pyxera Global, managers of the Ghana Supply Chain Development (SCD) Programme together with the African Partner Pool (APP) on Tuesday hosted businesses operating in the oil and gas sector in…
Fishermen breach FPSO Kwame Nkrumah security
Tullow Ghana Limited on Tuesday confirmed security breach within 2.66 nautical miles west of the FPSO Kwame Nkrumah by three fishermen onboard a canoe on Saturday, February 21 offshore Ghana…
Government will manage revenue from natural resources prudently – Terkper
Mr Seth Terkper Minister of Finance and Economic Planning, on Tuesday said government is working assiduously to ensure that the enhanced revenues from the country’s natural resources are prudently managed…
ACEP to sue Ghana gov’t over failure to publish projects funded with petroleum revenue
The Africa Centre for Energy Policy (ACEP) a non-governmental organization with interest in energy issues, has threatened to sue government over failure to publish annual report on projects implemented with…
Ghana government urged to increase transparency in oil and gas sector
The Institute of Economic Affairs, (IEA), a public policy institute, on Wednesday urged government to increase transparency and accountability in the oil and gas sector. Addressing a press conference in…